Funding you earn now, next payment 01:00 UTC−0.0616%/8h= −67.5% APRnext payment −$0.77 per $10,000 · paid last 24h −0.085%
Price spread now: Lighter against Extended−0.049%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$170.166% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.049%, 7d avg +0.010%
=Together, before fees+0.061%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Lighter is 0.058% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AMD_24_5-USD | 623.84 | 0.0792 | pay 0.0099% / 1h | 4m 17s | $463K | $1.9M | 10x |
| Short | Lighter AMD | 623.54 | 0.0176 | get 0.0022% / 1h | 4m 17s | $546K | $2.4M | 10x |
Extended AMD_24_5-USD
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$129.36
- Price spread: −0.049% → +0.010%
- −$5.83
- Slippage, 4 orders
- −$11.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$151.83
- Costs to cover
- 0.166%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 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 Extended live order book, 4 min ago | 0.72 bp | 6.7 bp −$7 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.12 bp | 1.5 bp −$1 | 4.8 bp −$48 | 55.4 bp −$5,540 | 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 | −0.0019% | 4h | 624.20 | +0.057% | $82K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 624.44 | +0.096% | $2K | $8.5M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.28 | −0.090% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 623.36 | −0.077% | $853K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.943% | $5K | $55K | 12x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 623.12 | −0.116% | $1.5M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0060% | 1h | 625.15 | +0.210% | — | $925K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 624.31 | +0.075% | $2.2M | $12.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 623.87 | +0.004% | $1.9M | $300K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 624.21 | +0.059% | $373 | $6K | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythosShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 623.02 | −0.132% | $300K | $1.8M | 10x | as long as short |
| Lighter AMDshort | +0.0176% | 1h | 623.54 | −0.049% | $546K | $2.4M | 10x | |
| Phoenix AMD | +0.0219% | 1h | 623.48 | −0.058% | $2K | $92K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0234% | 1h | 623.97 | +0.020% | $398K | $1.5M | 10x | as long as short |
| Gate AMD_USDT | +0.0241% | 8h | 624.44 | +0.096% | $4.5M | $13.6M | 50x | as long as short |
| tradeXYZ xyz:AMD | +0.0269% | 1h | 623.78 | −0.010% | $25.3M | $93.2M | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 624.19 | +0.056% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0289% | 8h | 623.92 | +0.012% | $6.9M | $28.3M | 25x | as long as short |
| SoDEX AMD-USD | +0.0351% | 1h | 623.72 | −0.020% | $26K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0411% | 1h | 623.11 | −0.117% | $80K | $259K | 50x | as long as short |
| Nado AMD-PERP | +0.0421% | 1h | 623.43 | −0.066% | $319K | $174K | 10x | as long as short |
| Aster AMDUSDT | +0.0423% | 8h | 622.79 | −0.169% | $72K | $416K | 50x | as long as short |
| HTX AMD-USDT | +0.0637% | 8h | 624.06 | +0.035% | $132K | $579K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0648% | 1h | 623.87 | +0.004% | $78K | $151K | 10x | as long as short |
| Bitget AMDUSDT | +0.0717% | 8h | 624.01 | +0.027% | $10.4M | $17.5M | 20x | as long as short |
| Variational Omni AMD | +0.0731% | 8h | 624.04 | +0.032% | $2.6M | $3.2M | — | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 623.96 | +0.019% | $145K | $264K | 10x | as long as short |
| Binance AMDUSDT | +0.0791% | 8h | 623.91 | +0.011% | $76.0M | $190.5M | 25x | as long as short |
| BloFin AMD-USDT | +0.0791% | 8h | 624.15 | +0.049% | $6K | $552K | 20x | as long as short |
| Extended AMD_24_5-USDlong | +0.0792% | 1h | 623.84 | long leg | $463K | $1.9M | 10x | |
| GRVT AMD_USDT_Perp | +0.1482% | 8h | 623.88 | +0.007% | $18K | $131K | 10x | as long as short |
Coinbase International AMD-PERP-INTX
Phoenix AMD
Polymarket Perps AMD-USD
Gate AMD_USDT
tradeXYZ xyz:AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
ApeX Omni AMDUSDT
Nado AMD-PERP
Aster AMDUSDT
HTX AMD-USDT
Deribit AMD_USDC-PERPETUAL
Bitget AMDUSDT
Variational Omni AMD
Arcus AMD-USD
Binance AMDUSDT
BloFin AMD-USDT
GRVT AMD_USDT_Perp