Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.013%
Price spread now: Coinbase International against Lighter RH+0.073%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.073%, 7d avg −0.085%
=Together, before fees−0.123%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.158% dearer against Lighter RH than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AMD | 615.68 | 0.0032 | pay 0.0004% / 1h | 46m 27s | $798K | $4.6M | 10x |
| Short | Coinbase International AMD-PERP-INTX | 616.13 | 0.0072 | get 0.0009% / 1h | 46m 27s | $320K | $1.9M | 10x |
Lighter RH AMD
Coinbase International AMD-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.4
- Price spread: +0.073% → −0.085%
- $15.76
- Slippage, 4 orders
- −$12.68
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $1.48
- Costs to cover
- 0.227%
- Break-even
- 5.8 days
Slippage from Lighter RH: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 1.95 bp | 2.8 bp −$3 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 3.57 bp | 8.9 bp −$9 | 13.5 bp −$135 | 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 | −0.0328% | 4h | 616.42 | +0.120% | $77K | $1.7M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | −0.0010% | 1h | 614.99 | −0.112% | $77K | $151K | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 616.04 | +0.058% | $4.4M | $13.9M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 616.07 | +0.063% | $10.2M | $17.2M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.74 | +0.010% | $1K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 615.33 | −0.057% | $115K | $623K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 614.80 | −0.143% | $1.7M | $461K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 615.87 | +0.031% | $533K | $2.6M | 10x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 615.68 | long leg | $798K | $4.6M | 10x | |
| QFEX AMD-USD | +0.0032% | 1h | 615.75 | +0.011% | $2.1M | $11.5M | 10x | as long as short |
edgeX AMDUSDC
Deribit AMD_USDC-PERPETUAL
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AMD-PERP | +0.0039% | 1h | 615.65 | −0.004% | $256K | $239K | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 615.91 | +0.037% | $139K | $270K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 616.80 | +0.182% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 615.62 | −0.010% | $23.2M | $94.8M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 615.59 | −0.015% | $402K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 615.44 | −0.039% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.30 | −0.062% | $1.3M | $5.0M | 10x | as long as short |
| Aster AMDUSDT | +0.0067% | 8h | 616.09 | +0.066% | $69K | $415K | 50x | as long as short |
| Coinbase International AMD-PERP-INTXshort | +0.0072% | 1h | 616.13 | +0.073% | $320K | $1.9M | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 615.69 | +0.002% | $1.9M | $296K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 616.60 | +0.149% | $79K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 615.36 | −0.052% | $368 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0141% | 8h | 615.88 | +0.032% | $6.6M | $28.8M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0147% | 8h | 616.22 | +0.088% | $20K | $164K | 10x | as long as short |
| Aevo AMD-PERP | +0.0184% | 1h | 615.61 | −0.011% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 615.96 | +0.045% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 619.05 | +0.547% | $2K | $57K | 12x | as long as short |
| Variational Omni AMD | +0.0331% | 8h | 616.38 | +0.113% | $2.5M | $3.3M | — | as long as short |
| BloFin AMD-USDT | +0.0385% | 8h | 615.72 | +0.006% | $6K | $547K | 20x | as long as short |
| Binance AMDUSDT | +0.0398% | 8h | 615.95 | +0.044% | $71.5M | $199.5M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0400% | 1h | 615.94 | +0.041% | $459K | $3.1M | 10x | as long as short |
Nado AMD-PERP
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Aster AMDUSDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Injective AMD/USDC PERP
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD