AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0608%/8h= +66.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.087%

Price spread now: Extended against Lighter+0.031%7-day average −0.009% · 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−$13as in the Price arb table

costs, in and out, $10k−$170.169% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.031%, 7d avg −0.009%

Together, before fees−0.031%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Extended is 0.040% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.009%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.76 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	Lighter AMD	620.79	0.0184	pay 0.0023% / 1h	19m 33s	$550K	$2.4M	10x
Short	Extended AMD_24_5-USD	620.98	0.0792	get 0.0099% / 1h	19m 33s	$463K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now +0.031%Rate

Funding earned: $127.68
Price spread: +0.031% → −0.009%: $4.04
Slippage, 4 orders: −$11.92
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $114.8
Costs to cover: 0.169%
Break-even: 0.7 days

Slippage from Lighter: live order book, 2 min ago; Extended: live order book, 4 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, 2 min ago	1.21 bp	1.3 bp −$1	3.6 bp −$36	31.9 bp −$3,186	doesn't fit
Sell Extended live order book, 4 min ago	0.72 bp	7.1 bp −$7	57.6 bp −$576	doesn't fit	doesn't fit

AMD on 30 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	−0.0959%	4h	621.23	+0.072%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	621.09	+0.048%	$2K	$8.4M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	620.96	+0.027%	$121K	$598K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.93	+0.023%	$1.8M	$460K	10x	as long as short
Gate AMD_USDT	+0.0030%	8h	621.19	+0.064%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	620.65	−0.023%	$846K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.461%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	621.23	+0.071%	$144K	$263K	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	620.66	−0.021%	$396K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	619.95	−0.135%	$1.5M	$4.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMD-USD-PERP	+0.0061%	1h	622.03	+0.200%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	621.18	+0.063%	$2.2M	$12.5M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	620.87	+0.013%	$1.9M	$288K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.33	+0.087%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	621.09	+0.048%	$371	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	620.44	−0.056%	$311K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0177%	1h	620.54	−0.040%	$25.1M	$93.6M	10x	as long as short
Lighter AMDlong	+0.0184%	1h	620.79	long leg	$550K	$2.4M	10x
SoDEX AMD-USD	+0.0238%	1h	620.77	−0.003%	$25K	$24K	10x	as long as short
Phoenix AMD	+0.0244%	1h	621.20	+0.066%	$2K	$90K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0266%	1h	620.58	−0.034%	$77K	$151K	10x	as long as short
Aevo AMD-PERP	+0.0280%	1h	621.35	+0.090%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0288%	8h	620.74	−0.008%	$6.9M	$28.1M	25x	as long as short
Bitget AMDUSDT	+0.0351%	8h	621.16	+0.060%	$10.3M	$17.3M	20x	as long as short
Aster AMDUSDT	+0.0417%	8h	621.37	+0.093%	$72K	$413K	50x	as long as short
Nado AMD-PERP	+0.0418%	1h	620.37	−0.068%	$268K	$205K	10x	as long as short
Variational Omni AMD	+0.0733%	8h	621.00	+0.033%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0788%	8h	621.25	+0.074%	$75.5M	$190.4M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0792%	1h	620.98	+0.031%	$463K	$1.9M	10x
GRVT AMD_USDT_Perp	+0.0884%	8h	621.78	+0.160%	$18K	$133K	10x	as long as short