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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.05 per $10,000 · paid last 24h +0.011%
Price spread now: QFEX against Lighter RH+0.150%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$210.206% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.021%−$2 on $10k
Price spread, last 7 days−0.227%−$23 · spread now +0.150%, 7d avg +0.018%
Together, before fees−0.248%+ Points / potential airdropLighter RH: Points live · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.132% dearer against Lighter RH than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AMD608.410.0032pay 0.0004% / 1h45m 23s$791K$4.7M10x
ShortQFEX AMD-USD609.320.0076get 0.0009% / 1h45m 23s$2.0M$11.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$9.14
Price spread: +0.150% → +0.018%
$13.16
Slippage, 4 orders
−$10.56
Fee Lighter RH: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
$1.73
Costs to cover
0.206%
Break-even
5.7 days
Slippage from Lighter RH: live order book, 3 min ago; QFEX: live order book, 4 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 ago3.04 bp3.2 bp −$39.8 bp −$98doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.72 bp7.2 bp −$79.7 bp −$97doesn'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−0.0525%4h609.13+0.119%$72K$1.7M10xas long as short
Injective AMD/USDC PERP−0.0220%1h551.13−9.415%$2K$59K12xas long as short
Bitget AMDUSDT−0.0176%8h609.42+0.166%$10.3M$16.5M20xas long as short
Aster AMDUSDT0.0000%8h608.62+0.035%$69K$416K50xas long as short
Gate AMD_USDT0.0000%8h609.25+0.138%$4.5M$14.4M50xas long as short
GRVT AMD_USDT_Perp0.0000%8h609.09+0.112%$19K$186K10xas long as short
SunX AMD-USDT0.0000%8h609.45+0.171%$2K$7.9M10xas long as short
HTX AMD-USDT0.0000%8h609.26+0.140%$101K$654K20xas long as short
Phemex AMDUSDT0.0000%8h609.43+0.168%$1.7M$466K10xas long as short
Lighter RH AMDlong+0.0032%1h608.41long leg$791K$4.7M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AMD+0.0040%1h608.58+0.028%$521K$2.5M10xas long as short
Arcus AMD-USD+0.0040%1h609.14+0.120%$121K$283K10xas long as short
Vest AMD-USD-PERP+0.0046%1h609.20+0.130%$924K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h608.66+0.041%$21.6M$96.3M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h608.25−0.026%$392K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h608.94+0.087%$1.4M$5.4M10xas long as short
SoDEX AMD-USD+0.0058%1h608.98+0.094%$25K$20K10xas long as short
OKX AMD-USDT-SWAP+0.0070%8h609.28+0.143%$6.7M$29.3M25xas long as short
QFEX AMD-USDshort+0.0076%1h609.32+0.150%$2.0M$11.4M10x
Nado AMD-PERP+0.0078%1h608.13−0.047%$253K$240K10xas long as short
KuCoin AMDUSDTM+0.0100%8h608.86+0.074%$1.8M$329K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h608.37−0.007%$79K$254K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h608.92+0.084%$364$6K10xas long as short
Phoenix AMD+0.0118%1h607.92−0.081%$2K$90K10xas long as short
Aevo AMD-PERP+0.0136%1h609.49+0.177%$11K10xas long as short
Variational Omni AMD+0.0141%8h608.49+0.014%$2.0M$3.8Mas long as short
Coinbase International AMD-PERP-INTX+0.0152%1h609.13+0.118%$308K$1.8M10xas long as short
Extended AMD_24_5-USD+0.0208%1h609.23+0.134%$457K$3.4M10xas long as short
Binance AMDUSDT+0.0211%8h609.29+0.144%$71.8M$205.4M25xas long as short
BloFin AMD-USDT+0.0217%8h609.44+0.169%$6K$549K20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0638%1h608.72+0.051%$76K$151K10xas long as short