Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.048%

Price spread now: Lighter against Bitget−0.045%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days+0.117%+$12 · spread now −0.045%, 7d avg −0.020%

Together, before fees+0.089%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 2.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AMDUSDT	622.48	0	get 0.0000% / 8h	4h 23m	$10.3M	$17.1M	20x
Short	Lighter AMD	622.20	0.0032	get 0.0004% / 1h	23m 35s	$554K	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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 BitgetbpFee LighterbpOrdersPrice spread, now −0.045%Rate

Funding earned: $6.72
Price spread: −0.045% → −0.020%: −$2.51
Slippage, 4 orders: −$12.87
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$20.66
Costs to cover: 0.249%
Break-even: 28.5 days

Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 3 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 Bitget live order book, 5 min ago	1.13 bp	12.0 bp −$12	20.2 bp −$202	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	1.53 bp	1.5 bp −$2	3.9 bp −$39	49.7 bp −$4,973	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	−0.0047%	4h	621.67	−0.131%	$79K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	622.53	+0.008%	$4.5M	$13.5M	50x	as long as short
Bitget AMDUSDTlong	0.0000%	8h	622.48	long leg	$10.3M	$17.1M	20x
SunX AMD-USDT	0.0000%	8h	622.24	−0.039%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.79	−0.111%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.16	−0.051%	$121K	$614K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.36	−0.019%	$1.8M	$458K	10x	as long as short
Lighter AMDshort	+0.0032%	1h	622.20	−0.045%	$554K	$2.5M	10x
Lighter RH AMD	+0.0032%	1h	622.24	−0.039%	$840K	$4.5M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.729%	$5K	$55K	12x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMD-USD	+0.0040%	1h	621.95	−0.085%	$145K	$263K	10x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	622.15	−0.053%	$23.7M	$94.3M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	622.10	−0.061%	$399K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	622.15	−0.053%	$26K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.02	−0.235%	$1.4M	$4.3M	10x	as long as short
Vest AMD-USD-PERP	+0.0060%	1h	623.69	+0.194%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.35	−0.021%	$2.1M	$11.6M	10x	as long as short
Nado AMD-PERP	+0.0082%	1h	622.10	−0.061%	$269K	$226K	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	622.17	−0.050%	$1.9M	$288K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	621.97	−0.082%	$80K	$258K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.07	−0.066%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0120%	1h	621.21	−0.204%	$316K	$1.8M	10x	as long as short
Phoenix AMD	+0.0206%	1h	621.75	−0.117%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0240%	1h	622.37	−0.017%	$11K	—	10x	as long as short
OKX AMD-USDT-SWAP	+0.0248%	8h	622.35	−0.021%	$6.9M	$28.1M	25x	as long as short
Aster AMDUSDT	+0.0287%	8h	622.26	−0.035%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0389%	8h	621.59	−0.143%	$18K	$146K	10x	as long as short
Variational Omni AMD	+0.0588%	8h	621.72	−0.121%	$2.6M	$3.3M	—	as long as short
Binance AMDUSDT	+0.0642%	8h	622.48	0.000%	$73.4M	$194.7M	25x	as long as short
BloFin AMD-USDT	+0.0643%	8h	621.97	−0.082%	$7K	$550K	20x	as long as short
Extended AMD_24_5-USD	+0.0648%	1h	622.30	−0.029%	$463K	$1.9M	10x	as long as short