AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0686%/8h= +75.1% APRnext payment +$0.86 per $10,000 · paid last 24h −0.010%

Price spread now: tradeXYZ against Lighter−0.034%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$230.226% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.034%, 7d avg −0.058%

Together, before fees−0.048%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and tradeXYZ is 0.024% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.058%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AMD	622.62	0.0152	pay 0.0019% / 1h	51m 22s	$535K	$2.3M	10x
Short	tradeXYZ xyz:AMD	622.41	0.0838	get 0.0105% / 1h	51m 22s	$25.0M	$93.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee tradeXYZbpOrdersPrice spread, now −0.034%Rate

Funding earned: $144.09
Price spread: −0.034% → −0.058%: $2.4
Slippage, 4 orders: −$4.62
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $123.86
Costs to cover: 0.226%
Break-even: 1.0 days

Slippage from Lighter: live order book, 6 min ago; tradeXYZ: live order book, 8 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	1.28 bp	1.8 bp −$2	7.0 bp −$70	37.6 bp −$3,760	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.16 bp	9.2 bp −$9	9.4 bp −$94	doesn't fit	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	−0.0505%	4h	623.27	+0.105%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	623.11	+0.079%	$2K	$8.8M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.13	+0.082%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	622.52	−0.016%	$854K	$4.3M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.751%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	623.73	+0.178%	—	$924K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.40	−0.035%	$1.5M	$4.7M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.95	+0.053%	$2.3M	$13.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.53	−0.014%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	623.23	+0.098%	$380	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	622.59	−0.005%	$312K	$1.8M	10x	as long as short
Lighter AMDlong	+0.0152%	1h	622.62	long leg	$535K	$2.3M	10x
OKX AMD-USDT-SWAP	+0.0204%	8h	623.10	+0.077%	$6.9M	$28.4M	25x	as long as short
Phoenix AMD	+0.0219%	1h	622.53	−0.014%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0224%	1h	622.59	−0.004%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0235%	8h	621.85	−0.124%	$72K	$416K	50x	as long as short
Gate AMD_USDT	+0.0384%	8h	623.16	+0.087%	$4.5M	$13.2M	50x	as long as short
Nado AMD-PERP	+0.0423%	1h	622.06	−0.090%	$319K	$166K	10x	as long as short
HTX AMD-USDT	+0.0518%	8h	622.86	+0.039%	$132K	$579K	20x	as long as short
Variational Omni AMD	+0.0536%	8h	623.02	+0.064%	$2.6M	$3.2M	—	as long as short
Extended AMD_24_5-USD	+0.0576%	1h	622.98	+0.058%	$464K	$1.6M	10x	as long as short
Binance AMDUSDT	+0.0581%	8h	623.18	+0.090%	$75.9M	$191.7M	25x	as long as short
BloFin AMD-USDT	+0.0594%	8h	623.19	+0.092%	$6K	$548K	20x	as long as short
Bitget AMDUSDT	+0.0621%	8h	623.10	+0.077%	$10.2M	$17.6M	20x	as long as short
SoDEX AMD-USD	+0.0625%	1h	622.63	+0.002%	$26K	$24K	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	622.73	+0.018%	$144K	$265K	10x	as long as short
tradeXYZ xyz:AMDshort	+0.0838%	1h	622.41	−0.034%	$25.0M	$93.1M	10x
Polymarket Perps AMD-USD	+0.0876%	1h	622.62	0.000%	$397K	$1.5M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0940%	1h	622.67	+0.008%	$78K	$151K	10x	as long as short
ApeX Omni AMDUSDT	+0.1000%	1h	622.55	−0.011%	$80K	$259K	50x	as long as short
GRVT AMD_USDT_Perp	+0.1467%	8h	623.14	+0.083%	$18K	$131K	10x	as long as short