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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.105%
Price spread now: Lighter RH against BloFin−0.095%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.143%−$14 on $10k
Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.095%, 7d avg −0.050%
Together, before fees+0.009%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Lighter RH is 0.045% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AMD-USDT611.020.0339pay 0.0339% / 8h2h 24m$6K$544K20x
ShortLighter RH AMD610.440.0032get 0.0004% / 1h24m 51s$817K$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against BloFin. 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
−$64.41
Price spread: −0.095% → −0.050%
−$4.52
Slippage, 4 orders
−$12.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$93.59
Costs to cover
0.247%
Break-even
never at this rate
Slippage from BloFin: live order book, 66 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 66 min ago1.37 bp10.1 bp −$1015.1 bp −$151doesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago1.64 bp3.5 bp −$413.0 bp −$130doesn'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−0.0651%4h611.11+0.015%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0252%8h611.17+0.025%$10.2M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h611.020.000%$4.4M$14.1M50xas long as short
SunX AMD-USDT0.0000%8h611.41+0.064%$2K$8.2M10xas long as short
HTX AMD-USDT0.0000%8h611.47+0.074%$112K$627K20xas long as short
Phemex AMDUSDT0.0000%8h610.73−0.047%$1.7M$462K10xas long as short
Lighter AMD+0.0032%1h610.59−0.070%$523K$2.6M10xas long as short
Lighter RH AMDshort+0.0032%1h610.44−0.095%$817K$4.7M10x
QFEX AMD-USD+0.0032%1h611.12+0.016%$2.1M$11.6M10xas long as short
Aster AMDUSDT+0.0035%8h610.95−0.011%$69K$415K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h611.15+0.021%$136K$271K10xas long as short
Vest AMD-USD-PERP+0.0046%1h611.30+0.046%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h610.39−0.103%$23.0M$95.1M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h610.78−0.039%$399K$1.5M10xas long as short
SoDEX AMD-USD+0.0050%1h610.88−0.023%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h610.44−0.095%$1.3M$5.2M10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h610.20−0.134%$317K$1.9M10xas long as short
Nado AMD-PERP+0.0074%1h610.54−0.078%$254K$240K10xas long as short
KuCoin AMDUSDTM+0.0100%8h610.37−0.106%$1.8M$295K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h610.81−0.034%$78K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h610.76−0.043%$365$6K10xas long as short
OKX AMD-USDT-SWAP+0.0117%8h610.70−0.052%$6.5M$28.8M25xas long as short
GRVT AMD_USDT_Perp+0.0136%8h612.07+0.172%$19K$167K10xas long as short
Aevo AMD-PERP+0.0176%1h611.02−0.001%$11K10xas long as short
Phoenix AMD+0.0195%1h610.45−0.093%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62+0.262%$2K$59K12xas long as short
Variational Omni AMD+0.0279%8h610.92−0.016%$2.5M$3.3Mas long as short
BloFin AMD-USDTlong+0.0339%8h611.02long leg$6K$544K20x
Deribit AMD_USDC-PERPETUAL+0.0356%1h610.44−0.095%$76K$151K10xas long as short
Binance AMDUSDT+0.0365%8h610.99−0.005%$71.5M$202.2M25xas long as short
Extended AMD_24_5-USD+0.0368%1h610.73−0.047%$457K$3.1M10xas long as short