Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.031%
Price spread now: Lighter against Gate−0.082%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.082%, 7d avg +0.009%
=Together, before fees+0.350%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.091% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.170%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AMD_USDT | 622.15 | 0.0192 | pay 0.0192% / 8h | 7h 33m | $4.5M | $13.4M | 50x |
| Short | Lighter AMD | 621.64 | 0.0152 | get 0.0019% / 1h | 33m 10s | $539K | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: −0.082% → +0.009%
- −$9.12
- Slippage, 4 orders
- −$18.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.87
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 4 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 Gate live order book, 5 min ago | 1.61 bp | 15.8 bp −$16 | 219.3 bp −$2,193 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.45 bp | 1.9 bp −$2 | 3.4 bp −$34 | 60.5 bp −$6,048 | 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 | −0.0506% | 4h | 622.33 | +0.028% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.12 | −0.005% | $1K | $8.7M | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.08 | −0.011% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.52 | −0.101% | $850K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.676% | $5K | $55K | 12x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.28 | −0.140% | $1.5M | $4.4M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0051% | 1h | 622.81 | +0.106% | — | $926K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.92 | −0.037% | $2.3M | $13.2M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.64 | −0.082% | $1.9M | $313K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.11 | −0.006% | $372 | $6K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMD-PERP-INTX | +0.0112% | 1h | 623.04 | +0.143% | $312K | $1.8M | 10x | as long as short |
| Lighter AMDshort | +0.0152% | 1h | 621.64 | −0.082% | $539K | $2.3M | 10x | |
| Gate AMD_USDTlong | +0.0192% | 8h | 622.15 | long leg | $4.5M | $13.4M | 50x | |
| Phoenix AMD | +0.0219% | 1h | 622.57 | +0.068% | $2K | $92K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0239% | 8h | 621.88 | −0.043% | $6.9M | $28.3M | 25x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 622.25 | +0.017% | $11K | — | 10x | as long as short |
| SoDEX AMD-USD | +0.0261% | 1h | 621.80 | −0.056% | $26K | $24K | 10x | as long as short |
| Aster AMDUSDT | +0.0308% | 8h | 621.55 | −0.097% | $72K | $416K | 50x | as long as short |
| Polymarket Perps AMD-USD | +0.0344% | 1h | 621.57 | −0.093% | $396K | $1.5M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0358% | 1h | 621.46 | −0.111% | $25.0M | $93.3M | 10x | as long as short |
| Nado AMD-PERP | +0.0428% | 1h | 621.13 | −0.165% | $318K | $171K | 10x | as long as short |
| HTX AMD-USDT | +0.0482% | 8h | 621.95 | −0.032% | $132K | $579K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0537% | 1h | 622.83 | +0.109% | $80K | $258K | 50x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0539% | 1h | 621.59 | −0.090% | $77K | $151K | 10x | as long as short |
| Variational Omni AMD | +0.0614% | 8h | 622.46 | +0.050% | $2.6M | $3.2M | — | as long as short |
| BloFin AMD-USDT | +0.0661% | 8h | 622.11 | −0.006% | $6K | $550K | 20x | as long as short |
| Binance AMDUSDT | +0.0662% | 8h | 622.04 | −0.017% | $75.9M | $191.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0664% | 1h | 621.89 | −0.041% | $463K | $2.2M | 10x | as long as short |
| Bitget AMDUSDT | +0.0728% | 8h | 622.25 | +0.016% | $10.3M | $17.5M | 20x | as long as short |
| Arcus AMD-USD | +0.0782% | 1h | 622.43 | +0.045% | $145K | $265K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.1513% | 8h | 622.27 | +0.020% | $18K | $130K | 10x | as long as short |
Gate AMD_USDT
Lighter AMD
edgeX AMDUSDC
SunX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
KuCoin AMDUSDTM
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
SoDEX AMD-USD
Aster AMDUSDT
Polymarket Perps AMD-USD
tradeXYZ xyz:AMD
HTX AMD-USDT
ApeX Omni AMDUSDT
Deribit AMD_USDC-PERPETUAL
Variational Omni AMD
BloFin AMD-USDT
Binance AMDUSDT
Extended AMD_24_5-USD
Bitget AMDUSDT
GRVT AMD_USDT_Perp