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+0.0040%/8h= +4.4% APRpaid last 24h +0.005%
Price spread now: Lighter against Aster−0.131%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 4 days (all we have)−0.250%−$25 · spread now −0.131%, 7d avg −0.016%
Together, before fees−0.173%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.115% cheaper against Aster than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.016%). If the spread goes back, that is −$11 on $10k: about 9.6 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AMDUSDT605.410get 0.0000% / 8h7h 30m$69K$416K50x
ShortLighter AMD604.620.0040get 0.0005% / 1h30m 36s$518K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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
$8.4
Price spread: −0.131% → −0.016%
−$11.47
Slippage, 4 orders
−$23.64
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$34.71
Costs to cover
0.316%
Break-even
35.9 days
Slippage from Aster: live order book, 2 min ago; Lighter: live order book, 6 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 Aster live order book, 2 min ago2.64 bp11.9 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago1.90 bp2.0 bp −$28.4 bp −$84121.2 bp −$12.1Kdoesn'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−0.0352%4h606.29+0.145%$71K$1.7M10xas long as short
Injective AMD/USDC PERP−0.0220%1h551.13−8.966%$2K$59K12xas long as short
Bitget AMDUSDT−0.0087%8h605.10−0.051%$10.0M$16.6M20xas long as short
Aster AMDUSDTlong0.0000%8h605.41long leg$69K$416K50x
Gate AMD_USDT0.0000%8h605.06−0.058%$4.6M$14.6M50xas long as short
SunX AMD-USDT0.0000%8h605.78+0.061%$2K$7.9M10xas long as short
HTX AMD-USDT0.0000%8h605.81+0.066%$101K$652K20xas long as short
Phemex AMDUSDT0.0000%8h605.60+0.031%$1.7M$465K10xas long as short
Lighter RH AMD+0.0032%1h604.71−0.116%$786K$4.7M10xas long as short
Lighter AMDshort+0.0040%1h604.62−0.131%$518K$2.5M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h605.12−0.048%$121K$285K10xas long as short
Vest AMD-USD-PERP+0.0046%1h605.69+0.046%$924K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h604.58−0.137%$21.0M$97.4M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h604.94−0.078%$390K$1.6M10xas long as short
SoDEX AMD-USD+0.0050%1h605.37−0.007%$25K$20K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h604.31−0.182%$1.4M$5.3M10xas long as short
OKX AMD-USDT-SWAP+0.0061%8h605.12−0.048%$6.6M$29.3M25xas long as short
QFEX AMD-USD+0.0076%1h605.02−0.065%$2.0M$11.4M10xas long as short
GRVT AMD_USDT_Perp+0.0080%8h607.11+0.281%$19K$185K10xas long as short
Nado AMD-PERP+0.0081%1h604.73−0.113%$248K$242K10xas long as short
KuCoin AMDUSDTM+0.0100%8h605.02−0.065%$1.8M$346K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h605.77+0.059%$78K$254K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h605.59+0.030%$362$6K10xas long as short
Phoenix AMD+0.0118%1h606.22+0.134%$2K$90K10xas long as short
Variational Omni AMD+0.0130%8h605.91+0.082%$2.0M$3.8Mas long as short
Aevo AMD-PERP+0.0136%1h605.39−0.004%$11K10xas long as short
Coinbase International AMD-PERP-INTX+0.0152%1h605.35−0.010%$307K$1.8M10xas long as short
Binance AMDUSDT+0.0200%8h605.32−0.014%$71.3M$205.9M25xas long as short
Extended AMD_24_5-USD+0.0200%1h605.27−0.024%$455K$3.4M10xas long as short
BloFin AMD-USDT+0.0209%8h605.93+0.086%$6K$546K20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0312%1h605.23−0.030%$75K$152K10xas long as short