Funding you earn now, next payment 06:00 UTC+0.0335%/8h= +36.6% APRpaid last 24h +0.086%
Price spread now: Binance against Lighter−0.034%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.034%, 7d avg +0.042%
=Together, before fees+0.090%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.076% cheaper against Lighter than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.042%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.059% in total) that is about 9.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment. 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 | Lighter AMD | 610.75 | 0.0032 | pay 0.0004% / 1h | 27m 00s | $524K | $2.6M | 10x |
| Short | Binance AMDUSDT | 610.54 | 0.0367 | get 0.0367% / 8h | 2h 27m | $71.4M | $202.0M | 25x |
Lighter AMD
Binance AMDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $70.28
- Price spread: −0.034% → +0.042%
- −$7.59
- Slippage, 4 orders
- −$14.59
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $38.1
- Costs to cover
- 0.246%
- Break-even
- 3.2 days
Slippage from Lighter: live order book, 5 min ago; Binance: live order book, 1 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, 5 min ago | 1.72 bp | 5.3 bp −$5 | 8.8 bp −$88 | 57.9 bp −$5,793 | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.82 bp | 9.6 bp −$10 | 16.3 bp −$163 | 46.0 bp −$4,603 | 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 | −0.0542% | 4h | 612.37 | +0.264% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0208% | 8h | 611.53 | +0.128% | $10.3M | $17.3M | 20x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 611.31 | +0.092% | $4.4M | $14.1M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 611.05 | +0.049% | $2K | $8.2M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 612.04 | +0.211% | $112K | $627K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 611.26 | +0.084% | $1.7M | $462K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 610.75 | long leg | $524K | $2.6M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 610.55 | −0.033% | $801K | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 610.97 | +0.036% | $2.0M | $11.6M | 10x | as long as short |
| Aster AMDUSDT | +0.0036% | 8h | 610.81 | +0.009% | $69K | $415K | 50x | as long as short |
edgeX AMDUSDC
Bitget AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
QFEX AMD-USD
Aster AMDUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 611.67 | +0.151% | $136K | $271K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 611.52 | +0.126% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 610.57 | −0.029% | $23.0M | $95.0M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 610.56 | −0.031% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 611.04 | +0.047% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 611.17 | +0.069% | $1.3M | $5.1M | 10x | as long as short |
| Nado AMD-PERP | +0.0068% | 1h | 610.48 | −0.044% | $254K | $240K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 610.20 | −0.090% | $317K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 610.54 | −0.034% | $1.8M | $295K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.87 | +0.183% | $79K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 610.84 | +0.015% | $365 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0118% | 8h | 610.41 | −0.056% | $6.5M | $28.8M | 25x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0127% | 1h | 610.56 | −0.031% | $76K | $151K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0136% | 8h | 612.07 | +0.216% | $19K | $167K | 10x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 611.16 | +0.067% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 611.93 | +0.193% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | +0.306% | $2K | $59K | 12x | as long as short |
| Variational Omni AMD | +0.0284% | 8h | 611.95 | +0.197% | $2.5M | $3.3M | — | as long as short |
| Binance AMDUSDTshort | +0.0367% | 8h | 610.54 | −0.034% | $71.4M | $202.0M | 25x | |
| Extended AMD_24_5-USD | +0.0368% | 1h | 610.94 | +0.031% | $457K | $3.1M | 10x | as long as short |
| BloFin AMD-USDT | +0.0371% | 8h | 611.34 | +0.097% | $6K | $543K | 20x | as long as short |
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Injective AMD/USDC PERP
Variational Omni AMD
Extended AMD_24_5-USD
BloFin AMD-USDT