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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.113%
Price spread now: Extended against Lighter RH+0.051%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$190.188% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days+0.028%+$3 · spread now +0.051%, 7d avg +0.003%
Together, before fees+0.160%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Extended is 0.048% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.003%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 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 AMD613.040.0032pay 0.0004% / 1h35m 46s$812K$4.6M10x
ShortExtended AMD_24_5-USD613.350.0376get 0.0047% / 1h35m 46s$457K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$72.24
Price spread: +0.051% → +0.003%
$4.79
Slippage, 4 orders
−$13.85
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$58.18
Costs to cover
0.188%
Break-even
1.4 days
Slippage from Lighter RH: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago0.65 bp2.9 bp −$313.3 bp −$133doesn't fitdoesn't fit
Sell Extended live order book, 3 min ago0.82 bp7.4 bp −$735.6 bp −$356doesn'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−0.0339%4h612.87−0.028%$73K$1.7M10xas long as short
Bitget AMDUSDT−0.0055%8h613.85+0.132%$10.3M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h613.66+0.101%$4.4M$14.0M50xas long as short
SunX AMD-USDT0.0000%8h613.17+0.021%$2K$8.2M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h612.82−0.036%$76K$151K10xas long as short
HTX AMD-USDT0.0000%8h613.05+0.002%$114K$623K20xas long as short
Phemex AMDUSDT0.0000%8h613.48+0.072%$1.7M$462K10xas long as short
Lighter AMD+0.0032%1h613.13+0.015%$531K$2.6M10xas long as short
Lighter RH AMDlong+0.0032%1h613.04long leg$812K$4.6M10x
QFEX AMD-USD+0.0032%1h613.23+0.031%$2.1M$11.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h613.18+0.023%$137K$271K10xas long as short
Vest AMD-USD-PERP+0.0046%1h614.02+0.160%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.99−0.008%$23.1M$94.9M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.00−0.007%$401K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h613.06+0.003%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h613.03−0.002%$1.3M$5.0M10xas long as short
Aster AMDUSDT+0.0051%8h613.64+0.099%$69K$415K50xas long as short
Nado AMD-PERP+0.0053%1h612.92−0.020%$255K$239K10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h611.74−0.212%$318K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.23+0.031%$1.9M$296K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h612.53−0.083%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h612.96−0.013%$367$6K10xas long as short
GRVT AMD_USDT_Perp+0.0127%8h612.85−0.032%$20K$165K10xas long as short
OKX AMD-USDT-SWAP+0.0127%8h613.37+0.054%$6.5M$28.8M25xas long as short
Aevo AMD-PERP+0.0176%1h613.16+0.019%$11K10xas long as short
Phoenix AMD+0.0195%1h612.52−0.085%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h619.05+0.980%$2K$57K12xas long as short
Variational Omni AMD+0.0290%8h613.040.000%$2.5M$3.3Mas long as short
Extended AMD_24_5-USDshort+0.0376%1h613.35+0.051%$457K$3.1M10x
Binance AMDUSDT+0.0378%8h613.51+0.076%$71.4M$200.6M25xas long as short
BloFin AMD-USDT+0.0397%8h613.83+0.129%$6K$546K20xas long as short