Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.015%
Price spread now: Lighter RH against Coinbase International−0.129%7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.522%+$52 · spread now −0.129%, 7d avg +0.086%
=Together, before fees+0.453%+ Points / potential airdropLighter RH: Points live · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.215% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.086%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMD-PERP-INTX | 620.69 | 0.0136 | pay 0.0017% / 1h | 27m 05s | $300K | $1.8M | 10x |
| Short | Lighter RH AMD | 619.89 | 0.0032 | get 0.0004% / 1h | 27m 05s | $854K | $4.4M | 10x |
Coinbase International AMD-PERP-INTX
Lighter RH AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Coinbase International. 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
- −$21.84
- Price spread: −0.129% → +0.086%
- −$21.47
- Slippage, 4 orders
- −$8.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$62.17
- Costs to cover
- 0.189%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Lighter RH: live order book, 1 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 Coinbase International live order book, 2 min ago | 3.15 bp | 8.6 bp −$9 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 0.24 bp | 1.6 bp −$2 | 9.5 bp −$95 | 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 | −0.0694% | 4h | 621.13 | +0.071% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.37 | −0.052% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.19 | −0.081% | $122K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.45 | −0.039% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0003% | 8h | 620.46 | −0.037% | $4.5M | $13.3M | 50x | as long as short |
| Lighter RH AMDshort | +0.0032% | 1h | 619.89 | −0.129% | $854K | $4.4M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.445% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 620.72 | +0.005% | $144K | $263K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0040% | 1h | 619.84 | −0.137% | $77K | $151K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 619.96 | −0.118% | $397K | $1.5M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Injective AMD/USDC PERP
Arcus AMD-USD
Deribit AMD_USDC-PERPETUAL
Polymarket Perps AMD-USDShow 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 | 619.33 | −0.219% | $1.5M | $4.1M | 10x | as long as short |
| Bitget AMDUSDT | +0.0053% | 8h | 620.71 | +0.003% | $10.3M | $17.1M | 20x | as long as short |
| Vest AMD-USD-PERP | +0.0055% | 1h | 621.30 | +0.098% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.30 | −0.063% | $2.1M | $12.0M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.88 | −0.130% | $1.9M | $283K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.26 | −0.069% | $371 | $6K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0125% | 1h | 620.94 | +0.040% | $80K | $257K | 50x | as long as short |
| Coinbase International AMD-PERP-INTXlong | +0.0136% | 1h | 620.69 | long leg | $300K | $1.8M | 10x | |
| tradeXYZ xyz:AMD | +0.0160% | 1h | 619.86 | −0.134% | $25.0M | $93.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0194% | 1h | 620.21 | −0.077% | $25K | $24K | 10x | as long as short |
| Lighter AMD | +0.0240% | 1h | 620.04 | −0.105% | $546K | $2.4M | 10x | as long as short |
| Phoenix AMD | +0.0245% | 1h | 620.93 | +0.039% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 620.56 | −0.021% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0308% | 8h | 620.19 | −0.081% | $6.9M | $27.9M | 25x | as long as short |
| Nado AMD-PERP | +0.0330% | 1h | 619.79 | −0.146% | $268K | $214K | 10x | as long as short |
| Aster AMDUSDT | +0.0406% | 8h | 620.52 | −0.027% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0723% | 8h | 621.20 | +0.082% | $18K | $137K | 10x | as long as short |
| Variational Omni AMD | +0.0723% | 8h | 621.20 | +0.083% | $2.6M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0778% | 8h | 620.43 | −0.042% | $7K | $547K | 20x | as long as short |
| Binance AMDUSDT | +0.0784% | 8h | 620.33 | −0.058% | $75.5M | $190.0M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 620.19 | −0.081% | $463K | $1.9M | 10x | as long as short |
Ondo Perps AMD-USD.P
Bitget AMDUSDT
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
ApeX Omni AMDUSDT
tradeXYZ xyz:AMD
SoDEX AMD-USD
Lighter AMD
Phoenix AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Nado AMD-PERP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD