AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0375%/8h= −41.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.081%

Price spread now: Lighter RH against Nado+0.061%48s7-day average −0.014% · 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—prices read too far apart to compare

costs, in and out, $10k−$190.193% of the position

Long on Nado Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.090%−$9 on $10k

Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.061%, 7d avg −0.014%

Together, before fees−0.256%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.075% dearer against Nado than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.014%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.090% in total) that is about 2.6 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.090% in total (about -10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 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	Nado AMD-PERP	618.86	0.0407	pay 0.0051% / 1h	19m 47s	$315K	$166K	10x
Short	Lighter RH AMD	619.24	0.0032	get 0.0004% / 1h	19m 47s	$833K	$4.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Nado. 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 NadobpFee Lighter RHbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$78.73
Price spread: +0.061% → −0.014%: $7.55
Slippage, 4 orders: −$12.35
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$90.53
Costs to cover: 0.193%
Break-even: never at this rate

Slippage from Nado: live order book, 63 min ago; Lighter RH: live order book, 4 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 Nado live order book, 63 min ago	2.19 bp	8.7 bp −$9	30.1 bp −$301	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.94 bp	2.3 bp −$2	8.6 bp −$86	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	−0.0313%	4h	619.73	+0.141%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	619.83	+0.157%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	619.81	+0.153%	$1K	$9.1M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.47	+0.098%	$132K	$582K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	619.80	+0.152%	$1.8M	$460K	10x	as long as short
Lighter RH AMDshort	+0.0032%	1h	619.24	+0.061%	$833K	$4.7M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.154%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.39	+0.247%	—	$950K	25x	as long as short
OKX AMD-USDT-SWAP	+0.0047%	8h	619.57	+0.115%	$6.8M	$28.7M	25x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.35	+0.079%	$395K	$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	618.37	−0.079%	$1.5M	$4.8M	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	0.000%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.61	+0.121%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0087%	1h	619.15	+0.047%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.22	+0.058%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.62	+0.123%	$378	$6K	10x	as long as short
Aster AMDUSDT	+0.0163%	8h	618.94	+0.013%	$72K	$416K	50x	as long as short
Phoenix AMD	+0.0169%	1h	619.05	+0.031%	$2K	$94K	10x	as long as short
Lighter AMD	+0.0192%	1h	619.38	+0.084%	$535K	$2.6M	10x	as long as short
Aevo AMD-PERP	+0.0200%	1h	619.98	+0.182%	$11K	—	10x	as long as short
ApeX Omni AMDUSDT	+0.0258%	1h	619.58	+0.116%	$80K	$259K	50x	as long as short
SoDEX AMD-USD	+0.0287%	1h	619.61	+0.121%	$25K	$24K	10x	as long as short
Nado AMD-PERPlong	+0.0407%	1h	618.86	long leg	$315K	$166K	10x
GRVT AMD_USDT_Perp	+0.0436%	8h	619.64	+0.126%	$18K	$139K	10x	as long as short
Variational Omni AMD	+0.0448%	8h	619.87	+0.163%	$2.7M	$3.2M	—	as long as short
Extended AMD_24_5-USD	+0.0496%	1h	619.67	+0.131%	$458K	$1.5M	10x	as long as short
BloFin AMD-USDT	+0.0496%	8h	619.94	+0.174%	$6K	$543K	20x	as long as short
Binance AMDUSDT	+0.0500%	8h	619.79	+0.150%	$75.6M	$193.3M	25x	as long as short
Bitget AMDUSDT	+0.0513%	8h	619.60	+0.119%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0655%	1h	619.40	+0.087%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.49	+0.102%	$145K	$267K	10x	as long as short