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 − costs—under 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AMD | 622.17 | 0.0032 | pay 0.0004% / 1h | 37m 52s | $854K | $4.3M | 10x |
| Short | Deribit AMD_USDC-PERPETUAL | 622.25 | 0.0554 | get 0.0069% / 1h | 37m 52s | $77K | $151K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 6 min ago | 2.25 bp | 3.3 bp −$3 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 35 min ago | 6.94 bp | 12.0 bp −$12 | 16.3 bp −$163 | 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 | −0.0117% | 4h | 623.19 | +0.164% | $82K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.59 | +0.068% | $2K | $8.7M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.88 | −0.047% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 622.17 | long leg | $854K | $4.3M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.680% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0049% | 1h | 623.42 | +0.201% | — | $926K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.53 | −0.103% | $1.5M | $4.3M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.48 | +0.050% | $2.3M | $13.3M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.26 | +0.014% | $1.9M | $313K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.58 | +0.066% | $372 | $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 | 623.04 | +0.140% | $312K | $1.8M | 10x | as long as short |
| Lighter AMD | +0.0168% | 1h | 622.24 | +0.011% | $539K | $2.3M | 10x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 622.87 | +0.113% | $2K | $92K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0232% | 8h | 622.78 | +0.098% | $6.9M | $28.4M | 25x | as long as short |
| Gate AMD_USDT | +0.0236% | 8h | 622.70 | +0.085% | $4.5M | $13.4M | 50x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.84 | +0.107% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0295% | 8h | 621.61 | −0.090% | $72K | $416K | 50x | as long as short |
| SoDEX AMD-USD | +0.0320% | 1h | 622.40 | +0.037% | $26K | $24K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0395% | 1h | 622.54 | +0.059% | $25.1M | $93.2M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0405% | 1h | 622.19 | +0.003% | $396K | $1.5M | 10x | as long as short |
| Nado AMD-PERP | +0.0429% | 1h | 621.70 | −0.075% | $318K | $171K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0498% | 1h | 622.80 | +0.101% | $80K | $258K | 50x | as long as short |
| Deribit AMD_USDC-PERPETUALshort | +0.0554% | 1h | 622.25 | +0.013% | $77K | $151K | 10x | |
| Variational Omni AMD | +0.0591% | 8h | 623.20 | +0.166% | $2.6M | $3.2M | — | as long as short |
| HTX AMD-USDT | +0.0604% | 8h | 622.34 | +0.027% | $132K | $579K | 20x | as long as short |
| Binance AMDUSDT | +0.0647% | 8h | 622.83 | +0.106% | $75.9M | $191.5M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0648% | 1h | 622.52 | +0.056% | $466K | $2.3M | 10x | as long as short |
| BloFin AMD-USDT | +0.0665% | 8h | 622.66 | +0.079% | $6K | $550K | 20x | as long as short |
| Bitget AMDUSDT | +0.0744% | 8h | 622.82 | +0.104% | $10.3M | $17.6M | 20x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 622.97 | +0.129% | $145K | $265K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1770% | 8h | 623.46 | +0.207% | $18K | $131K | 10x | as long as short |
Lighter RH AMD
Deribit AMD_USDC-PERPETUAL
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Injective AMD/USDC PERP
KuCoin AMDUSDTM
Coinbase International AMD-PERP-INTX
Lighter AMD
Phoenix AMD
OKX AMD-USDT-SWAP
Gate AMD_USDT
Aster AMDUSDT
SoDEX AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
ApeX Omni AMDUSDT
Variational Omni AMD
HTX AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT
Bitget AMDUSDT
GRVT AMD_USDT_Perp