Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: Lighter against Deribit+0.027%7-day average +0.024% · 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−$21as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 5 days (all we have)−0.027%−$3 on $10k
+Price spread, last 3 days (all we have)+0.042%+$4 · spread now +0.027%, 7d avg +0.024%
=Together, before fees+0.016%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMD_USDC-PERPETUAL | 620.62 | 0.0282 | pay 0.0035% / 1h | 18m 58s | $77K | $151K | 10x |
| Short | Lighter AMD | 620.79 | 0.0176 | get 0.0022% / 1h | 18m 58s | $550K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- −$22.26
- Price spread: +0.027% → +0.024%
- $0.34
- Slippage, 4 orders
- −$14.73
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$43.65
- Costs to cover
- 0.217%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 49 min ago; Lighter: live order book, 3 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 Deribit live order book, 49 min ago | 4.33 bp | 7.8 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.21 bp | 1.5 bp −$2 | 3.7 bp −$37 | 53.4 bp −$5,344 | doesn't fit |
AMD on 30 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 | −0.0959% | 4h | 621.23 | +0.099% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.03 | +0.066% | $1K | $8.4M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.84 | +0.035% | $121K | $597K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.20 | +0.093% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0030% | 8h | 621.27 | +0.105% | $4.5M | $13.3M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.72 | +0.016% | $846K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.434% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.23 | +0.098% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.70 | +0.013% | $396K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.95 | −0.108% | $1.5M | $4.2M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0060% | 1h | 622.06 | +0.232% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.18 | +0.090% | $2.2M | $12.5M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.95 | +0.053% | $1.9M | $288K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 621.19 | +0.092% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.01 | +0.063% | $371 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 620.27 | −0.056% | $311K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0176% | 1h | 620.71 | +0.015% | $25.1M | $93.6M | 10x | as long as short |
| Lighter AMDshort | +0.0176% | 1h | 620.79 | +0.027% | $550K | $2.4M | 10x | |
| SoDEX AMD-USD | +0.0230% | 1h | 620.86 | +0.039% | $25K | $24K | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 620.80 | +0.029% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 621.46 | +0.135% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0282% | 1h | 620.62 | long leg | $77K | $151K | 10x | |
| OKX AMD-USDT-SWAP | +0.0287% | 8h | 620.92 | +0.048% | $6.9M | $28.1M | 25x | as long as short |
| Bitget AMDUSDT | +0.0351% | 8h | 621.23 | +0.098% | $10.3M | $17.3M | 20x | as long as short |
| Nado AMD-PERP | +0.0416% | 1h | 620.38 | −0.039% | $268K | $205K | 10x | as long as short |
| Aster AMDUSDT | +0.0417% | 8h | 621.44 | +0.132% | $72K | $413K | 50x | as long as short |
| Variational Omni AMD | +0.0733% | 8h | 621.00 | +0.060% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 621.20 | +0.093% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0788% | 8h | 621.31 | +0.111% | $75.5M | $190.4M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0884% | 8h | 621.78 | +0.188% | $18K | $133K | 10x | as long as short |
Deribit AMD_USDC-PERPETUAL
Lighter AMD
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
SoDEX AMD-USD
Phoenix AMD
OKX AMD-USDT-SWAP
Bitget AMDUSDT
Aster AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
GRVT AMD_USDT_Perp