Funding you earn now, next payment 04:00 UTC+0.0055%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.034%
Price spread now: Deribit against Lighter+0.019%7-day average −0.024% · 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−$16as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 5 days (all we have)+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.019%, 7d avg −0.024%
=Together, before fees−0.173%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.043% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMD | 622.49 | 0.0032 | pay 0.0004% / 1h | 15m 32s | $554K | $2.5M | 10x |
| Short | Deribit AMD_USDC-PERPETUAL | 622.61 | 0.0087 | get 0.0011% / 1h | 15m 32s | $78K | $151K | 10x |
Lighter AMD
Deribit AMD_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $11.63
- Price spread: +0.019% → −0.024%
- $4.3
- Slippage, 4 orders
- −$13.69
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$4.76
- Costs to cover
- 0.207%
- Break-even
- 9.9 days
Slippage from Lighter: live order book, 6 min ago; Deribit: live order book, 43 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, 6 min ago | 1.04 bp | 1.2 bp −$1 | 3.7 bp −$37 | 45.6 bp −$4,560 | doesn't fit |
| Sell Deribit live order book, 43 min ago | 4.18 bp | 9.8 bp −$10 | 12.7 bp −$127 | 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 | −0.0774% | 4h | 623.01 | +0.084% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 622.70 | +0.034% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 622.83 | +0.055% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.12 | +0.101% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.78 | +0.047% | $122K | $615K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 622.96 | +0.076% | $1.8M | $458K | 10x | as long as short |
| Lighter AMDlong | +0.0032% | 1h | 622.49 | long leg | $554K | $2.5M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 622.43 | −0.010% | $840K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.730% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.90 | +0.066% | $145K | $263K | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMD | +0.0050% | 1h | 622.41 | −0.013% | $23.7M | $94.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.65 | +0.026% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.70 | +0.034% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.30 | −0.031% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 624.32 | +0.294% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0078% | 1h | 622.29 | −0.032% | $269K | $227K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.60 | +0.018% | $2.1M | $11.7M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUALshort | +0.0087% | 1h | 622.61 | +0.019% | $78K | $151K | 10x | |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.36 | −0.021% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.79 | +0.048% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.79 | +0.048% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 622.30 | −0.031% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.24 | −0.040% | $2K | $90K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0239% | 8h | 622.61 | +0.019% | $6.9M | $28.2M | 25x | as long as short |
| Aevo AMD-PERP | +0.0240% | 1h | 623.05 | +0.090% | $11K | — | 10x | as long as short |
| Aster AMDUSDT | +0.0268% | 8h | 622.39 | −0.016% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0344% | 8h | 623.04 | +0.089% | $17K | $148K | 10x | as long as short |
| Variational Omni AMD | +0.0557% | 8h | 622.79 | +0.048% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0622% | 8h | 622.65 | +0.025% | $73.0M | $195.2M | 25x | as long as short |
| BloFin AMD-USDT | +0.0623% | 8h | 622.98 | +0.079% | $7K | $551K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0624% | 1h | 622.48 | −0.002% | $463K | $1.9M | 10x | as long as short |
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERP
Nado AMD-PERP
QFEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aevo AMD-PERP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
BloFin AMD-USDT
Extended AMD_24_5-USD