Funding you earn now, next payment 04:00 UTC−0.0501%/8h= −54.8% APRpaid last 24h −0.066%
Price spread now: Lighter against Variational Omni−0.149%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)+0.333%+$33 · spread now −0.149%, 7d avg −0.010%
=Together, before fees+0.258%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Lighter is 0.139% cheaper against Variational Omni than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.075% in total (about -7.8% a year). A funding rate is set anew for every payment. 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 | Variational Omni AMD | 623.16 | 0.0533 | pay 0.0533% / 8h | 4h 02m | $2.6M | $3.3M | — |
| Short | Lighter AMD | 622.23 | 0.0032 | get 0.0004% / 1h | 2m 56s | $554K | $2.5M | 10x |
Variational Omni AMD
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- −$105.14
- Price spread: −0.149% → −0.010%
- −$13.9
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$119.04
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter: live order book, 4 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 1 min ago | 2.83 bp | doesn't fit | 19.8 bp −$198 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.88 bp | 1.4 bp −$1 | 6.3 bp −$63 | 99.6 bp −$9,962 | 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 | −0.0910% | 4h | 623.06 | −0.015% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.58 | −0.092% | $4.5M | $13.7M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.90 | −0.041% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.94 | −0.195% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.30 | −0.137% | $121K | $616K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.92 | −0.198% | $1.8M | $459K | 10x | as long as short |
| Bitget AMDUSDT | +0.0002% | 8h | 622.49 | −0.107% | $10.3M | $17.1M | 20x | as long as short |
| Lighter AMDshort | +0.0032% | 1h | 622.23 | −0.149% | $554K | $2.5M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 622.17 | −0.158% | $842K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.835% | $5K | $55K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Bitget AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 623.14 | −0.003% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.12 | −0.166% | $23.6M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.23 | −0.149% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.25 | −0.145% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.20 | −0.153% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0064% | 1h | 624.05 | +0.143% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.86 | −0.047% | $2.1M | $11.6M | 10x | as long as short |
| Nado AMD-PERP | +0.0088% | 1h | 622.28 | −0.141% | $269K | $229K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.07 | −0.174% | $1.9M | $291K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.80 | −0.057% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.23 | −0.149% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 622.30 | −0.137% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.96 | −0.031% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0232% | 1h | 622.62 | −0.086% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0232% | 8h | 622.09 | −0.171% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0244% | 8h | 622.05 | −0.177% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0324% | 8h | 623.41 | +0.041% | $17K | $149K | 10x | as long as short |
| Variational Omni AMDlong | +0.0533% | 8h | 623.16 | long leg | $2.6M | $3.3M | — | |
| BloFin AMD-USDT | +0.0594% | 8h | 622.38 | −0.125% | $7K | $550K | 20x | as long as short |
| Binance AMDUSDT | +0.0598% | 8h | 622.33 | −0.133% | $72.9M | $195.7M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0600% | 1h | 622.18 | −0.156% | $464K | $1.9M | 10x | as long as short |
Arcus AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD