Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.032%

Price spread now: Gate against Lighter RH+0.062%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$300.303% of the position

Long on Lighter RH Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$9 on $10k

Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.062%, 7d avg +0.016%

Together, before fees−0.302%+ Points / potential airdropLighter RH: Points live · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.046% dearer against Lighter RH than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.016%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMD	617.62	0.0032	pay 0.0004% / 1h	35m 52s	$827K	$4.7M	10x
Short	Gate AMD_USDT	618.00	0	get 0.0000% / 8h	1h 35m	$4.4M	$13.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee Lighter RHbpFee GatebpOrdersPrice spread, now +0.062%Rate

Funding earned: −$6.72
Price spread: +0.062% → +0.016%: $4.59
Slippage, 4 orders: −$15.29
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$32.42
Costs to cover: 0.303%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	1.54 bp	2.3 bp −$2	7.1 bp −$71	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.54 bp	12.6 bp −$13	31.6 bp −$316	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	−0.0711%	4h	617.53	−0.015%	$81K	$1.6M	10x	as long as short
Gate AMD_USDTshort	0.0000%	8h	618.00	+0.062%	$4.4M	$13.3M	50x
SunX AMD-USDT	0.0000%	8h	617.93	+0.050%	$2K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	617.76	+0.023%	$127K	$577K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	617.98	+0.058%	$1.8M	$460K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0023%	8h	617.89	+0.044%	$6.8M	$28.7M	25x	as long as short
Lighter RH AMDlong	+0.0032%	1h	617.62	long leg	$827K	$4.7M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−0.955%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	618.52	+0.146%	—	$949K	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	617.48	−0.023%	$393K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMD-USD.P	+0.0050%	1h	616.45	−0.189%	$1.4M	$4.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0071%	1h	617.35	−0.044%	$24.7M	$95.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	616.60	−0.165%	$310K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	617.78	+0.026%	$2.3M	$13.2M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	617.18	−0.071%	$1.9M	$323K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	617.68	+0.010%	$377	$6K	10x	as long as short
Aster AMDUSDT	+0.0119%	8h	616.96	−0.107%	$71K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	616.47	−0.186%	$2K	$94K	10x	as long as short
Aevo AMD-PERP	+0.0192%	1h	617.74	+0.020%	$11K	—	10x	as long as short
Lighter AMD	+0.0216%	1h	617.81	+0.031%	$534K	$2.6M	10x	as long as short
ApeX Omni AMDUSDT	+0.0222%	1h	616.51	−0.180%	$79K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0266%	1h	617.82	+0.032%	$25K	$24K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0268%	1h	617.63	+0.002%	$77K	$163K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0396%	8h	617.43	−0.031%	$17K	$139K	10x	as long as short
Variational Omni AMD	+0.0398%	8h	617.34	−0.045%	$2.7M	$3.1M	—	as long as short
Nado AMD-PERP	+0.0425%	1h	617.35	−0.043%	$315K	$166K	10x	as long as short
Extended AMD_24_5-USD	+0.0464%	1h	617.86	+0.040%	$456K	$1.5M	10x	as long as short
Binance AMDUSDT	+0.0464%	8h	617.99	+0.059%	$75.3M	$193.3M	25x	as long as short
BloFin AMD-USDT	+0.0474%	8h	617.71	+0.015%	$6K	$542K	20x	as long as short
Bitget AMDUSDT	+0.0498%	8h	617.89	+0.044%	$10.1M	$18.2M	20x	as long as short
Arcus AMD-USD	+0.0780%	1h	617.81	+0.031%	$143K	$275K	10x	as long as short