Funding you earn now, next payment 00:00 UTC+0.0207%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.038%
Price spread now: Lighter against Injective+1.422%96s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 1.422% dearer against Injective than usual: you sell high and buy low: +$142 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
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 +$0.26 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 | Injective AMD/USDC PERP | 611.72 | 0.0033 | pay 0.0004% / 1h | 45m 43s | $5K | $55K | 12x |
| Short | Lighter AMD | 620.42 | 0.0240 | get 0.0030% / 1h | 45m 43s | $525K | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $43.4
- Price spread: +1.422% → 0.000%
- $142.22
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $185.6
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.97 bp | 1.0 bp −$1 | 3.2 bp −$32 | 76.2 bp −$7,618 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0163% | 4h | 620.73 | +1.474% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 620.91 | +1.502% | $4.4M | $13.6M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.90 | +1.501% | $2K | $9.0M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.50 | +1.435% | $132K | $581K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.83 | +1.489% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.27 | +1.398% | $836K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERPlong | +0.0033% | 1h | 611.72 | long leg | $5K | $55K | 12x | |
| Vest AMD-USD-PERP | +0.0046% | 1h | 621.49 | +1.597% | — | $950K | 25x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.70 | +1.305% | $1.5M | $4.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0056% | 1h | 620.38 | +1.416% | $395K | $1.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 620.75 | +1.476% | $2.3M | $13.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0080% | 1h | 619.63 | +1.293% | $312K | $1.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.37 | +1.414% | $1.9M | $314K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.60 | +1.452% | $379 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0120% | 8h | 620.67 | +1.463% | $6.8M | $28.6M | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0141% | 1h | 620.08 | +1.367% | $24.8M | $94.8M | 10x | as long as short |
| Phoenix AMD | +0.0207% | 1h | 620.36 | +1.412% | $2K | $92K | 10x | as long as short |
| Aevo AMD-PERP | +0.0216% | 1h | 620.97 | +1.512% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0220% | 8h | 620.81 | +1.486% | $72K | $416K | 50x | as long as short |
| Lighter AMDshort | +0.0240% | 1h | 620.42 | +1.422% | $525K | $2.5M | 10x | |
| SoDEX AMD-USD | +0.0256% | 1h | 620.59 | +1.450% | $25K | $24K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0293% | 1h | 620.45 | +1.427% | $80K | $259K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0489% | 8h | 620.84 | +1.491% | $18K | $134K | 10x | as long as short |
| Variational Omni AMD | +0.0493% | 8h | 620.79 | +1.482% | $2.7M | $3.2M | — | as long as short |
| Nado AMD-PERP | +0.0528% | 1h | 619.89 | +1.336% | $318K | $167K | 10x | as long as short |
| Bitget AMDUSDT | +0.0545% | 8h | 620.68 | +1.465% | $10.1M | $18.1M | 20x | as long as short |
| BloFin AMD-USDT | +0.0549% | 8h | 620.91 | +1.502% | $6K | $545K | 20x | as long as short |
| Binance AMDUSDT | +0.0552% | 8h | 620.72 | +1.471% | $75.7M | $192.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0552% | 1h | 620.61 | +1.453% | $464K | $1.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0847% | 1h | 620.53 | +1.440% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0919% | 1h | 620.45 | +1.427% | $145K | $265K | 10x | as long as short |
Injective AMD/USDC PERP
Lighter AMD
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
OKX AMD-USDT-SWAP
tradeXYZ xyz:AMD
Phoenix AMD
Aster AMDUSDT
SoDEX AMD-USD
ApeX Omni AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Bitget AMDUSDT
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Deribit AMD_USDC-PERPETUAL