Funding you earn now, next payment 02:00 UTC−0.0728%/8h= −79.7% APRpaid last 24h −0.086%
Price spread now: Lighter against Binance−0.097%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$170.166% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 2 days (all we have)+0.067%+$7 · spread now −0.097%, 7d avg −0.029%
=Together, before fees+0.008%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Lighter is 0.067% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% 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 | Binance AMDUSDT | 621.83 | 0.0768 | pay 0.0768% / 8h | 6h 41m | $75.4M | $190.5M | 25x |
| Short | Lighter AMD | 621.23 | 0.0040 | get 0.0005% / 1h | 41m 17s | $536K | $2.4M | 10x |
Binance AMDUSDT
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$152.89
- Price spread: −0.097% → −0.029%
- −$6.74
- Slippage, 4 orders
- −$6.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$176.22
- Costs to cover
- 0.166%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Lighter: live order book, 11 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 Binance live order book, 2 min ago | 0.08 bp | 5.8 bp −$6 | 11.5 bp −$115 | 59.6 bp −$5,960 | doesn't fit |
| Sell Lighter live order book, 11 min ago | 1.28 bp | 1.8 bp −$2 | 5.2 bp −$52 | 30.0 bp −$2,997 | 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 | −0.0467% | 4h | 621.92 | +0.014% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.79 | −0.006% | $1K | $8.4M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.19 | −0.103% | $1.8M | $460K | 10x | as long as short |
| HTX AMD-USDT | +0.0024% | 8h | 621.75 | −0.013% | $132K | $579K | 20x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.18 | −0.105% | $828K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.626% | $5K | $55K | 12x | as long as short |
| Lighter AMDshort | +0.0040% | 1h | 621.23 | −0.097% | $536K | $2.4M | 10x | |
| Arcus AMD-USD | +0.0040% | 1h | 621.90 | +0.011% | $144K | $263K | 10x | as long as short |
| Gate AMD_USDT | +0.0044% | 8h | 621.75 | −0.013% | $4.6M | $13.2M | 50x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.38 | −0.072% | $396K | $1.5M | 10x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
HTX AMD-USDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Gate AMD_USDT
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AMD-USD | +0.0050% | 1h | 621.57 | −0.042% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.78 | −0.169% | $1.5M | $4.2M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0061% | 1h | 622.76 | +0.150% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.56 | −0.043% | $2.2M | $12.5M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0091% | 1h | 621.26 | −0.092% | $25.1M | $93.4M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.31 | −0.084% | $1.9M | $291K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 620.80 | −0.166% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.77 | −0.010% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 623.02 | +0.191% | $300K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0244% | 1h | 621.34 | −0.079% | $2K | $90K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0265% | 1h | 621.29 | −0.087% | $77K | $151K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 621.90 | +0.011% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0273% | 8h | 621.51 | −0.051% | $6.8M | $28.2M | 25x | as long as short |
| Nado AMD-PERP | +0.0308% | 1h | 621.03 | −0.129% | $268K | $202K | 10x | as long as short |
| Aster AMDUSDT | +0.0405% | 8h | 621.54 | −0.046% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDT | +0.0557% | 8h | 621.75 | −0.013% | $10.3M | $17.3M | 20x | as long as short |
| Variational Omni AMD | +0.0720% | 8h | 621.77 | −0.010% | $2.6M | $3.3M | — | as long as short |
| Extended AMD_24_5-USD | +0.0768% | 1h | 621.66 | −0.027% | $464K | $1.9M | 10x | as long as short |
| Binance AMDUSDTlong | +0.0768% | 8h | 621.83 | long leg | $75.4M | $190.5M | 25x | |
| BloFin AMD-USDT | +0.0779% | 8h | 622.73 | +0.145% | $7K | $551K | 20x | as long as short |
| GRVT AMD_USDT_Perp | +0.0968% | 8h | 622.31 | +0.078% | $17K | $131K | 10x | as long as short |
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
QFEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
Deribit AMD_USDC-PERPETUAL
Aevo AMD-PERP
OKX AMD-USDT-SWAP
Nado AMD-PERP
Aster AMDUSDT
Bitget AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT
GRVT AMD_USDT_Perp