Funding you earn now, next payment 07:00 UTC+0.0265%/8h= +29.0% APRpaid last 24h +0.087%
Price spread now: Binance against Lighter+0.133%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.178%−$18 · spread now +0.133%, 7d avg +0.041%
=Together, before fees−0.117%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.092% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.041%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% a year). A funding rate is set anew for every payment. 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 | Lighter AMD | 611.80 | 0.0032 | pay 0.0004% / 1h | 29m 51s | $520K | $2.6M | 10x |
| Short | Binance AMDUSDT | 612.62 | 0.0297 | get 0.0297% / 8h | 1h 29m | $71.9M | $203.9M | 25x |
Lighter AMD
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $55.57
- Price spread: +0.133% → +0.041%
- $9.2
- Slippage, 4 orders
- −$10.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $44.02
- Costs to cover
- 0.208%
- Break-even
- 1.5 days
Slippage from Lighter: live order book, 7 min ago; Binance: live order book, 14 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 Lighter live order book, 7 min ago | 2.54 bp | 2.7 bp −$3 | 5.7 bp −$57 | 58.5 bp −$5,853 | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.08 bp | 7.6 bp −$8 | 12.0 bp −$120 | 41.8 bp −$4,179 | 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 | −0.0742% | 4h | 611.91 | +0.018% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0437% | 8h | 612.70 | +0.147% | $10.3M | $17.4M | 20x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.42 | +0.102% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 612.51 | +0.116% | $4.4M | $14.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 612.39 | +0.096% | $2K | $8.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 612.27 | +0.077% | $103K | $642K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 612.49 | +0.113% | $1.7M | $463K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 611.80 | long leg | $520K | $2.6M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 611.71 | −0.015% | $812K | $4.7M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 611.73 | −0.011% | $135K | $276K | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0046% | 1h | 612.43 | +0.103% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 611.73 | −0.011% | $22.8M | $95.3M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 611.79 | −0.002% | $394K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.17 | +0.060% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.46 | −0.056% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0067% | 1h | 612.07 | +0.044% | $2.1M | $11.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0067% | 1h | 549.96 | −10.108% | $2K | $59K | 12x | as long as short |
| Nado AMD-PERP | +0.0074% | 1h | 611.56 | −0.040% | $254K | $241K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0083% | 8h | 612.50 | +0.114% | $6.6M | $29.1M | 25x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 611.73 | −0.011% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.96 | +0.026% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 611.97 | +0.028% | $366 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 611.88 | +0.013% | $315K | $1.9M | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0143% | 8h | 611.99 | +0.031% | $19K | $175K | 10x | as long as short |
| Phoenix AMD | +0.0143% | 1h | 611.86 | +0.010% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0152% | 1h | 612.28 | +0.078% | $11K | — | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0192% | 1h | 611.75 | −0.008% | $76K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0206% | 8h | 612.24 | +0.072% | $2.3M | $3.5M | — | as long as short |
| BloFin AMD-USDT | +0.0289% | 8h | 612.25 | +0.074% | $6K | $549K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0296% | 1h | 612.25 | +0.073% | $458K | $3.1M | 10x | as long as short |
| Binance AMDUSDTshort | +0.0297% | 8h | 612.62 | +0.133% | $71.9M | $203.9M | 25x |
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
QFEX AMD-USD
Injective AMD/USDC PERP
Nado AMD-PERP
OKX AMD-USDT-SWAP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
GRVT AMD_USDT_Perp
Phoenix AMD
Aevo AMD-PERP
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD