AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0752%/8h= −82.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.111%

Price spread now: Lighter RH against Extended−0.048%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$160.156% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 7 days+0.009%+$1 · spread now −0.048%, 7d avg 0.000%

Together, before fees−0.102%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Lighter RH is 0.048% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.94 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	620.19	0.0784	pay 0.0098% / 1h	27m 12s	$463K	$1.9M	10x
Short	Lighter RH AMD	619.89	0.0032	get 0.0004% / 1h	27m 12s	$854K	$4.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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 ExtendedbpFee Lighter RHbpOrdersPrice spread, now −0.048%Rate

Funding earned: −$157.92
Price spread: −0.048% → 0.000%: −$4.81
Slippage, 4 orders: −$10.62
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$178.35
Costs to cover: 0.156%
Break-even: never at this rate

Slippage from Extended: live order book, 1 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 Extended live order book, 1 min ago	0.40 bp	7.1 bp −$7	57.0 bp −$570	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	+0.152%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	620.37	+0.029%	$2K	$8.3M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.19	0.000%	$122K	$596K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.45	+0.042%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0003%	8h	620.40	+0.034%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMDshort	+0.0032%	1h	619.89	−0.048%	$854K	$4.4M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.366%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	620.72	+0.086%	$144K	$263K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0040%	1h	619.84	−0.056%	$77K	$151K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	619.96	−0.037%	$397K	$1.5M	10x	as long as short

Show 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	−0.138%	$1.5M	$4.1M	10x	as long as short
Bitget AMDUSDT	+0.0053%	8h	620.43	+0.039%	$10.3M	$17.1M	20x	as long as short
Vest AMD-USD-PERP	+0.0055%	1h	621.30	+0.179%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	620.30	+0.018%	$2.1M	$12.0M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.90	−0.047%	$1.9M	$283K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	620.26	+0.011%	$371	$6K	10x	as long as short
ApeX Omni AMDUSDT	+0.0125%	1h	620.94	+0.121%	$80K	$257K	50x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	+0.081%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0162%	1h	619.82	−0.059%	$25.0M	$93.5M	10x	as long as short
SoDEX AMD-USD	+0.0194%	1h	620.21	+0.003%	$25K	$24K	10x	as long as short
Lighter AMD	+0.0240%	1h	620.04	−0.024%	$546K	$2.4M	10x	as long as short
Phoenix AMD	+0.0245%	1h	620.93	+0.120%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	620.56	+0.060%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0308%	8h	620.19	0.000%	$6.9M	$27.9M	25x	as long as short
Nado AMD-PERP	+0.0330%	1h	619.79	−0.065%	$268K	$214K	10x	as long as short
Aster AMDUSDT	+0.0406%	8h	620.56	+0.060%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0723%	8h	621.20	+0.163%	$18K	$137K	10x	as long as short
Variational Omni AMD	+0.0723%	8h	621.20	+0.163%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0778%	8h	620.43	+0.039%	$7K	$547K	20x	as long as short
Binance AMDUSDT	+0.0784%	8h	620.36	+0.028%	$75.5M	$190.0M	25x	as long as short
Extended AMD_24_5-USDlong	+0.0784%	1h	620.19	long leg	$463K	$1.9M	10x