Funding you earn now, next payment 00:00 UTC+0.0887%/8h= +97.1% APRnext payment +$1.11 per $10,000 · paid last 24h +0.113%
Price spread now: Arcus against Lighter RH+0.040%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−$10as in the Price arb table
costs, in and out, $10k−$160.155% of the position
Funding, last 3 days (all we have)+0.145%+$14 on $10k
+Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.040%, 7d avg −0.019%
=Together, before fees−0.093%+ Points / potential airdropLighter RH: Points live · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Arcus is 0.059% dearer against Lighter RH than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.019%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.145% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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 RH AMD | 620.34 | 0.0032 | pay 0.0004% / 1h | 49m 34s | $836K | $4.6M | 10x |
| Short | Arcus AMD-USD | 620.59 | 0.0919 | get 0.0115% / 1h | 49m 34s | $145K | $265K | 10x |
Lighter RH AMD
Arcus AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter RH. 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
- $186.17
- Price spread: +0.040% → −0.019%
- $5.94
- Slippage, 4 orders
- −$11.01
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $176.6
- Costs to cover
- 0.155%
- Break-even
- 0.4 days
Slippage from Lighter RH: live order book, 4 min ago; Arcus: live order book, 29 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 RH live order book, 4 min ago | 0.48 bp | 1.1 bp −$1 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 29 min ago | 3.47 bp | 7.1 bp −$7 | 7.6 bp −$76 | 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 | −0.0761% | 4h | 620.80 | +0.074% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.99 | +0.105% | $4.4M | $13.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.73 | +0.063% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.43 | +0.015% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.34 | 0.000% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 620.34 | long leg | $836K | $4.6M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.390% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.55 | +0.195% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.90 | −0.071% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0068% | 1h | 620.41 | +0.011% | $395K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Ondo Perps AMD-USD.P
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.82 | +0.077% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | −0.114% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.49 | +0.024% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.47 | +0.021% | $378 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0112% | 8h | 620.78 | +0.071% | $6.8M | $28.6M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0138% | 1h | 620.24 | −0.016% | $24.8M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.35 | +0.002% | $2K | $92K | 10x | as long as short |
| Aster AMDUSDT | +0.0216% | 8h | 620.91 | +0.091% | $72K | $416K | 50x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.84 | +0.081% | $11K | — | 10x | as long as short |
| Lighter AMD | +0.0240% | 1h | 620.48 | +0.023% | $525K | $2.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0307% | 1h | 620.48 | +0.023% | $25K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0407% | 1h | 620.83 | +0.079% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0487% | 8h | 620.84 | +0.081% | $18K | $134K | 10x | as long as short |
| Variational Omni AMD | +0.0493% | 8h | 620.79 | +0.072% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERP | +0.0530% | 1h | 619.93 | −0.066% | $318K | $167K | 10x | as long as short |
| Bitget AMDUSDT | +0.0541% | 8h | 620.71 | +0.060% | $10.1M | $18.1M | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0544% | 1h | 620.69 | +0.056% | $464K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0546% | 8h | 620.79 | +0.073% | $75.7M | $192.2M | 25x | as long as short |
| BloFin AMD-USDT | +0.0553% | 8h | 620.85 | +0.082% | $6K | $545K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0669% | 1h | 620.51 | +0.027% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USDshort | +0.0919% | 1h | 620.59 | +0.040% | $145K | $265K | 10x |
QFEX AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
Aevo AMD-PERP
Lighter AMD
SoDEX AMD-USD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Nado AMD-PERP
Bitget AMDUSDT
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Deribit AMD_USDC-PERPETUAL