AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0802%/8h= +87.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.023%

Price spread now: ApeX Omni against Lighter RH−0.326%78s7-day average +0.028% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.251% of the position

Long on Lighter RH Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.184%+$18 on $10k

Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.326%, 7d avg +0.028%

Together, before fees+0.445%+ Points / potential airdropLighter RH: Points live · farm board+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.354% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.326% now, against its 7-day average of +0.028%). If the spread goes back, that is −$35 on $10k: about 35 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.184% in total) that is about 13 days. The two prices were read 78 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 0.184% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.00 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 RH AMD	624.90	0.0032	pay 0.0004% / 1h	48m 04s	$856K	$4.3M	10x
Short	ApeX Omni AMDUSDT	622.86	0.0834	get 0.0104% / 1h	48m 04s	$80K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter RH. 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 Lighter RHbpFee ApeX OmnibpOrdersPrice spread, now −0.326%Rate

Funding earned: $168.49
Price spread: −0.326% → +0.028%: −$35.42
Slippage, 4 orders: −$15.14
Fee Lighter RH: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $107.93
Costs to cover: 0.251%
Break-even: 2.5 days

Slippage from Lighter RH: live order book, 5 min ago; ApeX Omni: live order book, 24 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 RH live order book, 5 min ago	0.96 bp	1.4 bp −$1	11.6 bp −$116	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 24 min ago	5.16 bp	10.2 bp −$10	34.7 bp −$347	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	−0.0505%	4h	623.27	−0.260%	$82K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	625.55	+0.104%	$2K	$8.8M	10x	as long as short
Phemex AMDUSDT	0.0000%	8h	625.53	+0.101%	$1.8M	$460K	10x	as long as short
Lighter RH AMDlong	+0.0032%	1h	624.90	long leg	$856K	$4.3M	10x
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−2.109%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	625.93	+0.165%	—	$925K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	623.49	−0.226%	$1.5M	$4.6M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	624.86	−0.006%	$2.3M	$13.4M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	624.24	−0.106%	$1.9M	$313K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	625.29	+0.062%	$374	$6K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMD-PERP-INTX	+0.0112%	1h	622.59	−0.370%	$312K	$1.8M	10x	as long as short
Lighter AMD	+0.0184%	1h	625.04	+0.022%	$537K	$2.3M	10x	as long as short
OKX AMD-USDT-SWAP	+0.0213%	8h	625.38	+0.077%	$6.9M	$28.5M	25x	as long as short
Phoenix AMD	+0.0219%	1h	623.04	−0.298%	$2K	$92K	10x	as long as short
Aevo AMD-PERP	+0.0232%	1h	625.14	+0.038%	$11K	—	10x	as long as short
Aster AMDUSDT	+0.0252%	8h	623.86	−0.166%	$72K	$416K	50x	as long as short
Nado AMD-PERP	+0.0409%	1h	624.41	−0.078%	$320K	$167K	10x	as long as short
Variational Omni AMD	+0.0536%	8h	623.02	−0.301%	$2.6M	$3.2M	—	as long as short
Gate AMD_USDT	+0.0546%	8h	625.56	+0.106%	$4.5M	$13.3M	50x	as long as short
BloFin AMD-USDT	+0.0586%	8h	624.57	−0.053%	$6K	$549K	20x	as long as short
Extended AMD_24_5-USD	+0.0592%	1h	625.50	+0.096%	$466K	$1.7M	10x	as long as short
Binance AMDUSDT	+0.0595%	8h	625.54	+0.102%	$76.2M	$191.7M	25x	as long as short
HTX AMD-USDT	+0.0610%	8h	625.03	+0.021%	$132K	$579K	20x	as long as short
tradeXYZ xyz:AMD	+0.0643%	1h	624.98	+0.013%	$25.1M	$93.2M	10x	as long as short
Bitget AMDUSDT	+0.0659%	8h	625.50	+0.096%	$10.2M	$17.6M	20x	as long as short
Polymarket Perps AMD-USD	+0.0677%	1h	624.76	−0.022%	$398K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0678%	1h	624.98	+0.013%	$26K	$24K	10x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0695%	1h	625.17	+0.043%	$78K	$151K	10x	as long as short
Arcus AMD-USD	+0.0782%	1h	623.56	−0.214%	$145K	$265K	10x	as long as short
ApeX Omni AMDUSDTshort	+0.0834%	1h	622.86	−0.326%	$80K	$259K	50x
GRVT AMD_USDT_Perp	+0.1467%	8h	623.14	−0.282%	$18K	$131K	10x	as long as short