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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0522%/8h= +57.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.053%
Price spread now: Deribit against Lighter RH+0.013%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.076%+$8 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.013%, 7d avg +0.002%
Together, before fees+0.005%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.076% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AMD622.170.0032pay 0.0004% / 1h37m 52s$854K$4.3M10x
ShortDeribit AMD_USDC-PERPETUAL622.250.0554get 0.0069% / 1h37m 52s$77K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
$109.66
Price spread: +0.013% → +0.002%
$1.06
Slippage, 4 orders
−$22.19
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$81.53
Costs to cover
0.292%
Break-even
1.8 days
Slippage from Lighter RH: live order book, 6 min ago; Deribit: live order book, 35 min ago.

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 RH live order book, 6 min ago2.25 bp3.3 bp −$310.4 bp −$104doesn't fitdoesn't fit
Sell Deribit live order book, 35 min ago6.94 bp12.0 bp −$1216.3 bp −$163doesn'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−0.0117%4h623.19+0.164%$82K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h622.59+0.068%$2K$8.7M10xas long as short
Phemex AMDUSDT0.0000%8h621.88−0.047%$1.8M$460K10xas long as short
Lighter RH AMDlong+0.0032%1h622.17long leg$854K$4.3M10x
Injective AMD/USDC PERP+0.0033%1h611.72−1.680%$5K$55K12xas long as short
Vest AMD-USD-PERP+0.0049%1h623.42+0.201%$926K25xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.53−0.103%$1.5M$4.3M10xas long as short
QFEX AMD-USD+0.0080%1h622.48+0.050%$2.3M$13.3M10xas long as short
KuCoin AMDUSDTM+0.0100%8h622.26+0.014%$1.9M$313K20xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.58+0.066%$372$6K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMD-PERP-INTX+0.0112%1h623.04+0.140%$312K$1.8M10xas long as short
Lighter AMD+0.0168%1h622.24+0.011%$539K$2.3M10xas long as short
Phoenix AMD+0.0219%1h622.87+0.113%$2K$92K10xas long as short
OKX AMD-USDT-SWAP+0.0232%8h622.78+0.098%$6.9M$28.4M25xas long as short
Gate AMD_USDT+0.0236%8h622.70+0.085%$4.5M$13.4M50xas long as short
Aevo AMD-PERP+0.0240%1h622.84+0.107%$11K10xas long as short
Aster AMDUSDT+0.0295%8h621.61−0.090%$72K$416K50xas long as short
SoDEX AMD-USD+0.0320%1h622.40+0.037%$26K$24K10xas long as short
tradeXYZ xyz:AMD+0.0395%1h622.54+0.059%$25.1M$93.2M10xas long as short
Polymarket Perps AMD-USD+0.0405%1h622.19+0.003%$396K$1.5M10xas long as short
Nado AMD-PERP+0.0429%1h621.70−0.075%$318K$171K10xas long as short
ApeX Omni AMDUSDT+0.0498%1h622.80+0.101%$80K$258K50xas long as short
Deribit AMD_USDC-PERPETUALshort+0.0554%1h622.25+0.013%$77K$151K10x
Variational Omni AMD+0.0591%8h623.20+0.166%$2.6M$3.2Mas long as short
HTX AMD-USDT+0.0604%8h622.34+0.027%$132K$579K20xas long as short
Binance AMDUSDT+0.0647%8h622.83+0.106%$75.9M$191.5M25xas long as short
Extended AMD_24_5-USD+0.0648%1h622.52+0.056%$466K$2.3M10xas long as short
BloFin AMD-USDT+0.0665%8h622.66+0.079%$6K$550K20xas long as short
Bitget AMDUSDT+0.0744%8h622.82+0.104%$10.3M$17.6M20xas long as short
Arcus AMD-USD+0.0782%1h622.97+0.129%$145K$265K10xas long as short
GRVT AMD_USDT_Perp+0.1770%8h623.46+0.207%$18K$131K10xas long as short