Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.014%
Price spread now: Coinbase International against Lighter RH−0.008%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now −0.008%, 7d avg −0.085%
=Together, before fees−0.162%+ Points / potential airdropLighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.077% dearer against Lighter RH than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AMD | 621.60 | 0.0032 | pay 0.0004% / 1h | 53m 21s | $846K | $4.4M | 10x |
| Short | Coinbase International AMD-PERP-INTX | 621.55 | 0.0088 | get 0.0011% / 1h | 53m 21s | $316K | $1.9M | 10x |
Lighter RH AMD
Coinbase International AMD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $11.76
- Price spread: −0.008% → −0.085%
- $7.73
- Slippage, 4 orders
- −$12.65
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$3.16
- Costs to cover
- 0.227%
- Break-even
- 8.9 days
Slippage from Lighter RH: live order book, 5 min ago; Coinbase International: live order book, 5 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, 5 min ago | 2.09 bp | 2.2 bp −$2 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 3.94 bp | 8.9 bp −$9 | 12.4 bp −$124 | 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 | −0.0779% | 4h | 621.91 | +0.049% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.00 | +0.064% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 622.02 | +0.068% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.08 | +0.077% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.73 | +0.021% | $118K | $622K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.47 | −0.021% | $1.8M | $459K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 621.74 | +0.023% | $554K | $2.5M | 10x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 621.60 | long leg | $846K | $4.4M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.589% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.21 | +0.098% | $145K | $266K | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Injective AMD/USDC PERP
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0049% | 1h | 621.83 | +0.037% | $2.1M | $11.6M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.52 | −0.013% | $398K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.77 | +0.027% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.05 | −0.088% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0066% | 1h | 623.19 | +0.256% | — | $923K | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0072% | 1h | 621.50 | −0.016% | $77K | $151K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXshort | +0.0088% | 1h | 621.55 | −0.008% | $316K | $1.9M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.66 | +0.010% | $1.9M | $292K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.86 | +0.042% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.79 | +0.031% | $372 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0116% | 1h | 621.42 | −0.029% | $268K | $231K | 10x | as long as short |
| Phoenix AMD | +0.0141% | 1h | 622.28 | +0.109% | $2K | $90K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0163% | 1h | 621.66 | +0.010% | $23.6M | $94.3M | 10x | as long as short |
| Aster AMDUSDT | +0.0222% | 8h | 621.66 | +0.009% | $72K | $412K | 50x | as long as short |
| Aevo AMD-PERP | +0.0224% | 1h | 622.11 | +0.082% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0228% | 8h | 621.77 | +0.027% | $6.9M | $28.2M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0299% | 8h | 622.39 | +0.127% | $18K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0512% | 8h | 622.03 | +0.069% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0549% | 8h | 621.92 | +0.051% | $7K | $550K | 20x | as long as short |
| Binance AMDUSDT | +0.0574% | 8h | 621.92 | +0.051% | $72.9M | $196.0M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0576% | 1h | 621.76 | +0.026% | $464K | $1.9M | 10x | as long as short |
QFEX AMD-USD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Deribit AMD_USDC-PERPETUAL
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Nado AMD-PERP
Phoenix AMD
tradeXYZ xyz:AMD
Aster AMDUSDT
Aevo AMD-PERP
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD