Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h −0.013%
Price spread now: QFEX against Lighter+0.014%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$160.159% of the position
Funding, last 4 days (all we have)−0.055%−$6 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.014%, 7d avg −0.019%
=Together, before fees−0.166%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.034% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.019%. Mind the row above: over the last 4 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 621.96 | 0.0032 | pay 0.0004% / 1h | 45m 38s | $556K | $2.5M | 10x |
| Short | QFEX AMD-USD | 622.05 | 0.0080 | get 0.0010% / 1h | 45m 38s | $2.1M | $11.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10
- Price spread: +0.014% → −0.019%
- $3.36
- Slippage, 4 orders
- −$5.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$2.52
- Costs to cover
- 0.159%
- Break-even
- 8.8 days
Slippage from Lighter: live order book, 6 min ago; QFEX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 1.21 bp | 1.3 bp −$1 | 3.6 bp −$36 | 56.7 bp −$5,666 | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.69 bp | 6.7 bp −$7 | 7.0 bp −$70 | 13.7 bp −$1,368 | doesn't fit |
AMD on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0343% | 4h | 622.15 | +0.031% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.24 | +0.045% | $4.5M | $13.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.20 | +0.039% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.76 | −0.032% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.06 | +0.016% | $122K | $606K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.28 | +0.051% | $1.8M | $458K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 621.96 | long leg | $556K | $2.5M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 621.94 | −0.003% | $853K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.646% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.25 | +0.047% | $144K | $263K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | +0.0045% | 8h | 622.23 | +0.043% | $10.3M | $17.0M | 20x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 621.87 | −0.014% | $24.4M | $94.0M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.80 | −0.026% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.05 | +0.014% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.41 | −0.088% | $1.5M | $4.2M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0057% | 1h | 623.51 | +0.249% | — | $923K | 25x | as long as short |
| QFEX AMD-USDshort | +0.0080% | 1h | 622.05 | +0.014% | $2.1M | $11.6M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.81 | −0.024% | $1.9M | $280K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.71 | −0.040% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.11 | +0.024% | $372 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0100% | 1h | 621.83 | −0.020% | $269K | $222K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 621.90 | −0.010% | $310K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 621.95 | −0.002% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0264% | 1h | 622.44 | +0.077% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0277% | 8h | 622.03 | +0.011% | $7.0M | $28.0M | 25x | as long as short |
| Aster AMDUSDT | +0.0340% | 8h | 621.90 | −0.010% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0524% | 8h | 622.11 | +0.024% | $18K | $142K | 10x | as long as short |
| Variational Omni AMD | +0.0651% | 8h | 622.09 | +0.021% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0712% | 8h | 622.16 | +0.032% | $74.9M | $191.4M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0712% | 1h | 622.00 | +0.006% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0719% | 8h | 622.29 | +0.053% | $7K | $549K | 20x | as long as short |
Lighter AMD
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Bitget AMDUSDT
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT