Funding you earn now, next payment 06:00 UTC−0.0516%/8h= −56.5% APRnext payment −$0.64 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter RH against Deribit−0.044%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 5 days (all we have)−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.044%, 7d avg −0.002%
=Together, before fees+0.020%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Lighter RH is 0.042% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.098% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 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 | Deribit AMD_USDC-PERPETUAL | 614.64 | 0.0548 | pay 0.0068% / 1h | 6m 18s | $77K | $151K | 10x |
| Short | Lighter RH AMD | 614.37 | 0.0032 | get 0.0004% / 1h | 6m 18s | $814K | $4.7M | 10x |
Deribit AMD_USDC-PERPETUAL
Lighter RH AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$108.33
- Price spread: −0.044% → −0.002%
- −$4.24
- Slippage, 4 orders
- −$15.76
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$135.32
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 42 min ago; Lighter RH: 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, 42 min ago | 3.49 bp | 8.0 bp −$8 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.06 bp | 2.0 bp −$2 | 12.1 bp −$121 | 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 | −0.0406% | 4h | 614.29 | −0.057% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0277% | 8h | 615.44 | +0.130% | $10.3M | $17.3M | 20x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 615.34 | +0.114% | $4.4M | $14.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 615.22 | +0.094% | $2K | $8.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 614.92 | +0.046% | $106K | $640K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 615.79 | +0.187% | $1.7M | $462K | 10x | as long as short |
| Aster AMDUSDT | +0.0025% | 8h | 614.67 | +0.004% | $70K | $416K | 50x | as long as short |
| Lighter AMD | +0.0032% | 1h | 614.64 | 0.000% | $526K | $2.6M | 10x | as long as short |
| Lighter RH AMDshort | +0.0032% | 1h | 614.37 | −0.044% | $814K | $4.7M | 10x | |
| QFEX AMD-USD | +0.0032% | 1h | 615.18 | +0.088% | $2.1M | $11.6M | 10x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Aster AMDUSDT
Lighter AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 614.69 | +0.008% | $137K | $275K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 615.88 | +0.202% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 614.76 | +0.020% | $23.2M | $95.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 614.90 | +0.042% | $396K | $1.6M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 614.43 | −0.034% | $1.4M | $5.4M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 615.73 | +0.177% | $318K | $1.9M | 10x | as long as short |
| Nado AMD-PERP | +0.0100% | 1h | 614.30 | −0.055% | $255K | $241K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 614.68 | +0.007% | $1.9M | $293K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 613.90 | −0.120% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 614.98 | +0.055% | $368 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0112% | 8h | 614.99 | +0.057% | $6.6M | $29.1M | 25x | as long as short |
| SoDEX AMD-USD | +0.0145% | 1h | 615.03 | +0.063% | $25K | $24K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0157% | 8h | 614.41 | −0.037% | $19K | $169K | 10x | as long as short |
| Aevo AMD-PERP | +0.0168% | 1h | 615.34 | +0.113% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 614.25 | −0.063% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | −0.329% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0271% | 8h | 614.34 | −0.048% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0356% | 8h | 615.21 | +0.093% | $72.3M | $203.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0360% | 1h | 615.00 | +0.058% | $457K | $3.1M | 10x | as long as short |
| BloFin AMD-USDT | +0.0381% | 8h | 615.55 | +0.148% | $6K | $548K | 20x | as long as short |
| Deribit AMD_USDC-PERPETUALlong | +0.0548% | 1h | 614.64 | long leg | $77K | $151K | 10x |
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
Ondo Perps AMD-USD.P
Coinbase International AMD-PERP-INTX
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
SoDEX AMD-USD
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Injective AMD/USDC PERP
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT