Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0494%/8h= +54.1% APRpaid last 24h +0.066%
Price spread now: Variational Omni against Lighter+0.045%7-day average +0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.075%+$8 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.045%, 7d avg +0.010%
Together, before fees−0.154%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Variational Omni is 0.035% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.075% in total (about 7.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD622.640.0032pay 0.0004% / 1h1m 01s$555K$2.5M10x
ShortVariational Omni AMD622.920.0526get 0.0526% / 8h4h 01m$2.6M$3.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$103.69
Price spread: +0.045% → +0.010%
$3.55
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$107.24
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 6 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago0.88 bp0.9 bp −$14.3 bp −$4354.0 bp −$5,402doesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.83 bpdoesn't fit9.5 bp −$95doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0138%4h622.67+0.006%$79K$1.7M10xas long as short
Gate AMD_USDT0.0000%8h622.89+0.040%$4.5M$13.7M50xas long as short
Bitget AMDUSDT0.0000%8h622.92+0.045%$10.3M$17.1M20xas long as short
SunX AMD-USDT0.0000%8h623.03+0.063%$2K$8.3M10xas long as short
HTX AMD-USDT0.0000%8h622.76+0.019%$118K$623K20xas long as short
Phemex AMDUSDT0.0000%8h622.97+0.053%$1.8M$459K10xas long as short
Lighter AMDlong+0.0032%1h622.64long leg$555K$2.5M10x
Lighter RH AMD+0.0032%1h622.55−0.014%$842K$4.5M10xas long as short
Injective AMD/USDC PERP+0.0033%1h611.72−1.754%$5K$55K12xas long as short
Deribit AMD_USDC-PERPETUAL+0.0039%1h622.51−0.021%$78K$151K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h622.87+0.037%$145K$263K10xas long as short
tradeXYZ xyz:AMD+0.0050%1h622.61−0.005%$23.6M$94.4M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h622.62−0.003%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h622.67+0.005%$26K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h622.25−0.063%$1.4M$4.3M10xas long as short
Vest AMD-USD-PERP+0.0065%1h624.16+0.244%$923K25xas long as short
QFEX AMD-USD+0.0080%1h622.75+0.018%$2.1M$11.6M10xas long as short
Nado AMD-PERP+0.0089%1h622.49−0.025%$269K$229K10xas long as short
KuCoin AMDUSDTM+0.0100%8h622.45−0.031%$1.9M$291K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.02−0.100%$80K$258K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.85+0.034%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h621.55−0.175%$316K$1.9M10xas long as short
Phoenix AMD+0.0206%1h622.96+0.051%$2K$90K10xas long as short
Aevo AMD-PERP+0.0232%1h623.16+0.084%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0233%8h622.75+0.018%$6.9M$28.2M25xas long as short
Aster AMDUSDT+0.0240%8h622.49−0.025%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0312%8h622.73+0.015%$18K$151K10xas long as short
Variational Omni AMDshort+0.0526%8h622.92+0.045%$2.6M$3.3M
Extended AMD_24_5-USD+0.0592%1h622.57−0.011%$464K$1.9M10xas long as short
Binance AMDUSDT+0.0593%8h622.70+0.010%$72.9M$195.9M25xas long as short
BloFin AMD-USDT+0.0620%8h622.80+0.026%$7K$551K20xas long as short