Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h +0.075%

Price spread now: Lighter RH against edgeX+0.004%80s7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.272% of the position

Long on edgeX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days+0.027%+$3 · spread now +0.004%, 7d avg −0.027%

Together, before fees+0.096%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter RH is 0.032% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.027%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AMDUSDC	622.60	−0.0051	get 0.0025% / 4h	11m 58s	$79K	$1.7M	10x
Short	Lighter RH AMD	622.63	0.0032	get 0.0004% / 1h	11m 58s	$840K	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee Lighter RHbpOrdersPrice spread, now +0.004%Rate

Funding earned: $17.41
Price spread: +0.004% → −0.027%: $3.15
Slippage, 4 orders: −$18.21
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$6.65
Costs to cover: 0.272%
Break-even: 9.7 days

Slippage from edgeX: 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 edgeX live order book, 2 min ago	5.22 bp	10.9 bp −$11	30.0 bp −$300	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	2.01 bp	2.6 bp −$3	10.6 bp −$106	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 AMDUSDClong	−0.0051%	4h	622.60	long leg	$79K	$1.7M	10x
Gate AMD_USDT	0.0000%	8h	623.21	+0.098%	$4.5M	$13.6M	50x	as long as short
Bitget AMDUSDT	0.0000%	8h	623.17	+0.091%	$10.3M	$17.1M	20x	as long as short
SunX AMD-USDT	0.0000%	8h	623.16	+0.090%	$2K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	622.54	−0.010%	$78K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	623.02	+0.067%	$122K	$615K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	623.19	+0.094%	$1.8M	$458K	10x	as long as short
Lighter AMD	+0.0032%	1h	622.70	+0.016%	$555K	$2.5M	10x	as long as short
Lighter RH AMDshort	+0.0032%	1h	622.63	+0.004%	$840K	$4.5M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.748%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	622.92	+0.051%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.74	+0.022%	$23.7M	$94.4M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.48	−0.020%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.96	+0.057%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	622.25	−0.057%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0063%	1h	624.17	+0.252%	—	$923K	25x	as long as short
Nado AMD-PERP	+0.0079%	1h	622.38	−0.035%	$269K	$227K	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.79	+0.030%	$2.1M	$11.7M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.63	+0.004%	$1.9M	$290K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.79	+0.030%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.92	+0.051%	$373	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	622.30	−0.049%	$316K	$1.9M	10x	as long as short
Phoenix AMD	+0.0206%	1h	622.27	−0.053%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0232%	1h	623.31	+0.114%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0238%	8h	623.02	+0.067%	$6.9M	$28.2M	25x	as long as short
Aster AMDUSDT	+0.0263%	8h	622.67	+0.012%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0339%	8h	622.69	+0.013%	$17K	$148K	10x	as long as short
Variational Omni AMD	+0.0557%	8h	622.79	+0.030%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0615%	8h	623.14	+0.087%	$73.1M	$195.3M	25x	as long as short
Extended AMD_24_5-USD	+0.0616%	1h	622.96	+0.058%	$464K	$1.9M	10x	as long as short
BloFin AMD-USDT	+0.0643%	8h	622.91	+0.049%	$6K	$551K	20x	as long as short