Funding you earn now, next payment 06:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.080%
Price spread now: GRVT against Lighter RH+0.004%49s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.004%, 7d avg +0.050%
=Together, before fees+0.109%+ Points / potential airdropLighter RH: Points live · GRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.046% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.050%). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.085% in total) that is about 3.8 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AMD | 612.82 | 0.0032 | pay 0.0004% / 1h | 36m 23s | $812K | $4.6M | 10x |
| Short | GRVT AMD_USDT_Perp | 612.85 | 0.0127 | get 0.0127% / 8h | 2h 36m | $20K | $165K | 10x |
Lighter RH AMD
GRVT AMD_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $19.95
- Price spread: +0.004% → +0.050%
- −$4.59
- Slippage, 4 orders
- −$14.4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$8.03
- Costs to cover
- 0.234%
- Break-even
- 9.8 days
Slippage from Lighter RH: live order book, 2 min ago; GRVT: live order book, 11 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, 2 min ago | 0.65 bp | 2.9 bp −$3 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 11 min ago | 1.54 bp | 9.5 bp −$10 | 13.6 bp −$136 | 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 | −0.0339% | 4h | 612.87 | +0.008% | $73K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0055% | 8h | 613.40 | +0.095% | $10.3M | $17.3M | 20x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.26 | +0.072% | $4.4M | $14.0M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.17 | +0.057% | $2K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.82 | 0.000% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.05 | +0.038% | $114K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.48 | +0.108% | $1.7M | $462K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 612.88 | +0.010% | $530K | $2.6M | 10x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 612.82 | long leg | $812K | $4.6M | 10x | |
| QFEX AMD-USD | +0.0032% | 1h | 613.23 | +0.067% | $2.1M | $11.6M | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 613.18 | +0.059% | $137K | $271K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.02 | +0.196% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.74 | −0.013% | $23.1M | $94.9M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 613.00 | +0.029% | $401K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 613.06 | +0.039% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 613.03 | +0.034% | $1.3M | $5.0M | 10x | as long as short |
| Aster AMDUSDT | +0.0051% | 8h | 613.29 | +0.077% | $69K | $415K | 50x | as long as short |
| Nado AMD-PERP | +0.0053% | 1h | 612.92 | +0.016% | $255K | $239K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 611.74 | −0.176% | $318K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 613.08 | +0.042% | $1.9M | $296K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 612.53 | −0.047% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.96 | +0.023% | $367 | $6K | 10x | as long as short |
| GRVT AMD_USDT_Perpshort | +0.0127% | 8h | 612.85 | +0.004% | $20K | $165K | 10x | |
| OKX AMD-USDT-SWAP | +0.0129% | 8h | 613.07 | +0.041% | $6.5M | $28.8M | 25x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 613.16 | +0.055% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 612.52 | −0.049% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 619.05 | +1.017% | $2K | $57K | 12x | as long as short |
| Variational Omni AMD | +0.0297% | 8h | 613.22 | +0.066% | $2.5M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0376% | 1h | 613.08 | +0.043% | $457K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0378% | 8h | 613.10 | +0.046% | $71.4M | $200.6M | 25x | as long as short |
| BloFin AMD-USDT | +0.0397% | 8h | 613.83 | +0.165% | $6K | $546K | 20x | as long as short |
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Aster AMDUSDT
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Phoenix AMD
Injective AMD/USDC PERP
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT