Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.034%
Price spread now: Lighter against Deribit+0.050%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 5 days (all we have)−0.045%−$5 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now +0.050%, 7d avg +0.024%
=Together, before fees+0.104%+ Points / potential airdropLighter: Season 3 · farm board+$10 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 Lighter is 0.026% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMD_USDC-PERPETUAL | 622.11 | 0 | get 0.0000% / 1h | 15m 02s | $77K | $151K | 10x |
| Short | Lighter AMD | 622.42 | 0.0032 | get 0.0004% / 1h | 15m 02s | $554K | $2.5M | 10x |
Deribit AMD_USDC-PERPETUAL
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $6.72
- Price spread: +0.050% → +0.024%
- $2.61
- Slippage, 4 orders
- −$13.42
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.1
- Costs to cover
- 0.204%
- Break-even
- 18.6 days
Slippage from Deribit: live order book, 43 min ago; Lighter: 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 Deribit live order book, 43 min ago | 4.18 bp | 7.7 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.36 bp | 1.5 bp −$2 | 10.1 bp −$101 | 112.2 bp −$11.2K | 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 | −0.0774% | 4h | 623.01 | +0.145% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.70 | +0.095% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 622.70 | +0.095% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.56 | +0.072% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | 0.0000% | 1h | 622.11 | long leg | $77K | $151K | 10x | |
| HTX AMD-USDT | 0.0000% | 8h | 622.41 | +0.048% | $122K | $615K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.70 | +0.095% | $1.8M | $458K | 10x | as long as short |
| Lighter AMDshort | +0.0032% | 1h | 622.42 | +0.050% | $554K | $2.5M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 622.36 | +0.040% | $840K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.670% | $5K | $55K | 12x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 622.90 | +0.127% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.50 | +0.063% | $23.7M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.33 | +0.035% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.47 | +0.058% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.30 | +0.031% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 624.06 | +0.313% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0078% | 1h | 622.29 | +0.029% | $269K | $227K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.60 | +0.079% | $2.1M | $11.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.32 | +0.034% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.79 | +0.109% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.49 | +0.061% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 622.30 | +0.031% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.73 | +0.100% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0239% | 8h | 622.60 | +0.079% | $6.9M | $28.2M | 25x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.82 | +0.114% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0268% | 8h | 622.33 | +0.036% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0344% | 8h | 623.04 | +0.150% | $17K | $148K | 10x | as long as short |
| Variational Omni AMD | +0.0557% | 8h | 622.79 | +0.109% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0622% | 8h | 622.87 | +0.122% | $73.0M | $195.2M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0624% | 1h | 622.40 | +0.047% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0649% | 8h | 622.62 | +0.082% | $7K | $550K | 20x | as long as short |
Arcus AMD-USD
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Nado AMD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT