Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.007%
Price spread now: Coinbase International against Lighter+0.057%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.057%, 7d avg −0.108%
=Together, before fees−0.186%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.166% dearer against Lighter than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 612.42 | 0.0032 | pay 0.0004% / 1h | 28m 06s | $520K | $2.6M | 10x |
| Short | Coinbase International AMD-PERP-INTX | 612.77 | 0.0120 | get 0.0015% / 1h | 28m 06s | $312K | $1.9M | 10x |
Lighter AMD
Coinbase International AMD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $18.48
- Price spread: +0.057% → −0.108%
- $16.56
- Slippage, 4 orders
- −$13.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $11.69
- Costs to cover
- 0.234%
- Break-even
- 2.6 days
Slippage from Lighter: live order book, 9 min ago; Coinbase International: 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 Lighter live order book, 9 min ago | 2.54 bp | 2.7 bp −$3 | 5.7 bp −$57 | 58.5 bp −$5,853 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 4.00 bp | 9.0 bp −$9 | 12.3 bp −$123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0434% | 8h | 613.25 | +0.136% | $10.3M | $17.4M | 20x | as long as short |
| edgeX AMDUSDC | −0.0271% | 4h | 612.03 | −0.064% | $72K | $1.7M | 10x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.77 | +0.057% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.02 | +0.098% | $4.4M | $14.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 612.92 | +0.082% | $2K | $8.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.17 | +0.122% | $102K | $642K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 613.05 | +0.103% | $1.7M | $463K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 612.42 | long leg | $520K | $2.6M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 612.30 | −0.020% | $812K | $4.7M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 612.12 | −0.049% | $135K | $277K | 10x | as long as short |
Bitget AMDUSDT
edgeX AMDUSDC
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 | 613.00 | +0.095% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.13 | −0.047% | $22.7M | $95.5M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.38 | −0.007% | $394K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.89 | +0.077% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.95 | −0.077% | $1.4M | $5.4M | 10x | as long as short |
| QFEX AMD-USD | +0.0067% | 1h | 612.65 | +0.038% | $2.1M | $11.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0067% | 1h | 549.96 | −10.199% | $2K | $59K | 12x | as long as short |
| Nado AMD-PERP | +0.0082% | 1h | 612.08 | −0.056% | $254K | $241K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0083% | 8h | 612.82 | +0.065% | $6.6M | $29.1M | 25x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.43 | +0.002% | $1.9M | $294K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.96 | −0.075% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.68 | +0.042% | $366 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTXshort | +0.0120% | 1h | 612.77 | +0.057% | $312K | $1.9M | 10x | |
| GRVT AMD_USDT_Perp | +0.0142% | 8h | 612.09 | −0.054% | $19K | $176K | 10x | as long as short |
| Phoenix AMD | +0.0143% | 1h | 611.66 | −0.124% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0152% | 1h | 613.13 | +0.115% | $11K | — | 10x | as long as short |
| Variational Omni AMD | +0.0206% | 8h | 612.24 | −0.030% | $2.3M | $3.5M | — | as long as short |
| BloFin AMD-USDT | +0.0282% | 8h | 612.89 | +0.077% | $6K | $550K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0296% | 1h | 612.93 | +0.084% | $458K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0297% | 8h | 612.92 | +0.082% | $71.9M | $204.3M | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0338% | 1h | 612.62 | +0.033% | $76K | $151K | 10x | as long as short |
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
GRVT AMD_USDT_Perp
Phoenix AMD
Aevo AMD-PERP
Variational Omni AMD
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT
Deribit AMD_USDC-PERPETUAL