Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0346%/8h= +37.9% APRpaid last 24h +0.083%
Price spread now: BloFin against Lighter+0.023%90s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.196% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.023%, 7d avg +0.025%
Together, before fees−0.038%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD614.140.0032pay 0.0004% / 1h1m 42s$526K$2.6M10x
ShortBloFin AMD-USDT614.280.0378get 0.0378% / 8h2h 01m$6K$550K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$72.76
Price spread: +0.023% → +0.025%
−$0.21
Slippage, 4 orders
−$7.63
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$52.92
Costs to cover
0.196%
Break-even
1.9 days
Slippage from Lighter: live order book, 5 min ago; BloFin: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago0.89 bp1.3 bp −$13.7 bp −$3739.5 bp −$3,950doesn't fit
Sell BloFin live order book, 24 min ago0.41 bp8.1 bp −$814.6 bp −$146doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0926%4h614.94+0.130%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0263%8h614.42+0.046%$10.3M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h614.43+0.047%$4.4M$14.3M50xas long as short
SunX AMD-USDT0.0000%8h614.04−0.016%$1K$8.1M10xas long as short
HTX AMD-USDT0.0000%8h613.87−0.044%$105K$640K20xas long as short
Phemex AMDUSDT0.0000%8h613.39−0.122%$1.7M$462K10xas long as short
Aster AMDUSDT+0.0015%8h614.21+0.012%$70K$416K50xas long as short
Lighter AMDlong+0.0032%1h614.14long leg$526K$2.6M10x
Lighter RH AMD+0.0032%1h613.89−0.041%$813K$4.7M10xas long as short
QFEX AMD-USD+0.0032%1h614.05−0.015%$2.1M$11.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h614.25+0.018%$137K$275K10xas long as short
Vest AMD-USD-PERP+0.0046%1h614.67+0.086%$925K25xas long as short
Polymarket Perps AMD-USD+0.0050%1h613.60−0.088%$395K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h613.65−0.080%$1.4M$5.4M10xas long as short
tradeXYZ xyz:AMD+0.0065%1h613.92−0.036%$23.1M$95.1M10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h613.21−0.151%$317K$1.9M10xas long as short
KuCoin AMDUSDTM+0.0100%8h613.91−0.037%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h614.31+0.028%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h613.83−0.050%$367$6K10xas long as short
Nado AMD-PERP+0.0109%1h613.42−0.117%$255K$241K10xas long as short
OKX AMD-USDT-SWAP+0.0110%8h614.40+0.042%$6.6M$29.1M25xas long as short
SoDEX AMD-USD+0.0115%1h613.75−0.064%$25K$24K10xas long as short
GRVT AMD_USDT_Perp+0.0161%8h615.46+0.215%$19K$169K10xas long as short
Aevo AMD-PERP+0.0168%1h614.16+0.003%$11K10xas long as short
Phoenix AMD+0.0195%1h613.86−0.046%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62−0.248%$2K$59K12xas long as short
Variational Omni AMD+0.0269%8h615.12+0.159%$2.5M$3.3Mas long as short
Deribit AMD_USDC-PERPETUAL+0.0337%1h613.49−0.106%$76K$151K10xas long as short
Extended AMD_24_5-USD+0.0344%1h613.79−0.056%$457K$3.1M10xas long as short
Binance AMDUSDT+0.0344%8h614.17+0.005%$72.2M$203.4M25xas long as short
BloFin AMD-USDTshort+0.0378%8h614.28+0.023%$6K$550K20x