Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.124%
Price spread now: Arcus against Lighter+0.028%7-day average −0.038% · 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−$15as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 4 days (all we have)+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.028%, 7d avg −0.038%
=Together, before fees−0.058%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.066% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 612.88 | 0.0032 | pay 0.0004% / 1h | 15m 09s | $523K | $2.6M | 10x |
| Short | Arcus AMD-USD | 613.05 | 0.0040 | get 0.0005% / 1h | 15m 09s | $129K | $285K | 10x |
Lighter AMD
Arcus AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- $1.74
- Price spread: +0.028% → −0.038%
- $6.6
- Slippage, 4 orders
- −$16.94
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$13.1
- Costs to cover
- 0.214%
- Break-even
- 59.7 days
Slippage from Lighter: live order book, 7 min ago; Arcus: live order book, 23 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 Lighter live order book, 7 min ago | 1.47 bp | 1.6 bp −$2 | 5.6 bp −$56 | 58.7 bp −$5,865 | doesn't fit |
| Sell Arcus live order book, 23 min ago | 2.28 bp | 8.5 bp −$8 | 14.4 bp −$144 | 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 | −0.0729% | 4h | 613.19 | +0.050% | $73K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0265% | 8h | 613.48 | +0.098% | $10.4M | $17.5M | 20x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 551.13 | −10.075% | $2K | $59K | 12x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 612.87 | −0.001% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 613.16 | +0.046% | $4.5M | $14.5M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 613.13 | +0.041% | $2K | $8.0M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 612.61 | −0.044% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 613.07 | +0.031% | $100K | $635K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 612.53 | −0.057% | $1.7M | $466K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 612.88 | long leg | $523K | $2.6M | 10x |
edgeX AMDUSDC
Bitget AMDUSDT
Injective AMD/USDC PERP
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMD | +0.0032% | 1h | 612.70 | −0.029% | $797K | $4.8M | 10x | as long as short |
| Arcus AMD-USDshort | +0.0040% | 1h | 613.05 | +0.028% | $129K | $285K | 10x | |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.56 | +0.111% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.52 | −0.059% | $22.0M | $96.1M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 612.76 | −0.020% | $395K | $1.6M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 613.02 | +0.023% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 612.60 | −0.046% | $1.4M | $5.4M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0065% | 8h | 613.07 | +0.031% | $6.6M | $29.5M | 25x | as long as short |
| QFEX AMD-USD | +0.0069% | 1h | 613.04 | +0.026% | $2.0M | $11.5M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.78 | −0.016% | $1.9M | $304K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 612.65 | −0.038% | $79K | $254K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.96 | +0.013% | $367 | $6K | 10x | as long as short |
| Nado AMD-PERP | +0.0112% | 1h | 612.53 | −0.058% | $255K | $241K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 612.53 | −0.057% | $312K | $1.9M | 10x | as long as short |
| Aevo AMD-PERP | +0.0144% | 1h | 613.18 | +0.049% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0157% | 1h | 612.48 | −0.065% | $2K | $90K | 10x | as long as short |
| Variational Omni AMD | +0.0163% | 8h | 613.00 | +0.020% | $2.0M | $3.8M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0167% | 8h | 613.28 | +0.065% | $20K | $181K | 10x | as long as short |
| BloFin AMD-USDT | +0.0244% | 8h | 613.15 | +0.044% | $6K | $554K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0248% | 1h | 613.01 | +0.021% | $461K | $3.4M | 10x | as long as short |
| Binance AMDUSDT | +0.0251% | 8h | 613.10 | +0.036% | $72.1M | $204.8M | 25x | as long as short |
Lighter RH AMD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
OKX AMD-USDT-SWAP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
Aevo AMD-PERP
Phoenix AMD
Variational Omni AMD
GRVT AMD_USDT_Perp
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT