AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0568%/8h= +62.2% APRnext payment +$0.71 per $10,000 · paid last 24h +0.088%

Price spread now: Extended against Lighter+0.045%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$170.167% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days−0.061%−$6 · spread now +0.045%, 7d avg −0.034%

Together, before fees−0.035%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Extended is 0.079% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.034%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.71 per $10,000. 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	621.77	0.0192	pay 0.0024% / 1h	3m 44s	$551K	$2.5M	10x
Short	Extended AMD_24_5-USD	622.05	0.0760	get 0.0095% / 1h	3m 44s	$464K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee LighterbpFee ExtendedbpOrdersPrice spread, now +0.045%Rate

Funding earned: $119.28
Price spread: +0.045% → −0.034%: $7.87
Slippage, 4 orders: −$11.74
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $110.41
Costs to cover: 0.167%
Break-even: 0.5 days

Slippage from Lighter: live order book, 3 min ago; Extended: live order book, 5 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, 3 min ago	1.53 bp	1.7 bp −$2	3.2 bp −$32	52.7 bp −$5,267	doesn't fit
Sell Extended live order book, 5 min ago	0.64 bp	6.8 bp −$7	63.6 bp −$636	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	−0.0043%	4h	622.17	+0.065%	$81K	$1.6M	10x	as long as short
SunX AMD-USDT	0.0000%	8h	622.33	+0.090%	$1K	$8.3M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	621.80	+0.005%	$77K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	622.14	+0.060%	$122K	$600K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	622.36	+0.095%	$1.8M	$459K	10x	as long as short
Gate AMD_USDT	+0.0005%	8h	622.33	+0.090%	$4.5M	$13.3M	50x	as long as short
Lighter RH AMD	+0.0032%	1h	621.75	−0.003%	$855K	$4.4M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.616%	$5K	$55K	12x	as long as short
Arcus AMD-USD	+0.0040%	1h	622.26	+0.079%	$144K	$263K	10x	as long as short
Bitget AMDUSDT	+0.0043%	8h	622.15	+0.061%	$10.3M	$17.0M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMD-USD	+0.0050%	1h	621.99	+0.035%	$399K	$1.5M	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	621.52	−0.040%	$1.5M	$4.2M	10x	as long as short
Vest AMD-USD-PERP	+0.0054%	1h	623.69	+0.309%	—	$923K	25x	as long as short
QFEX AMD-USD	+0.0080%	1h	622.39	+0.100%	$2.1M	$11.8M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	621.88	+0.018%	$1.9M	$281K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	622.01	+0.039%	$80K	$257K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	622.33	+0.090%	$372	$6K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0136%	1h	620.69	−0.174%	$300K	$1.8M	10x	as long as short
tradeXYZ xyz:AMD	+0.0144%	1h	621.61	−0.026%	$24.6M	$93.9M	10x	as long as short
SoDEX AMD-USD	+0.0158%	1h	622.20	+0.069%	$26K	$24K	10x	as long as short
Lighter AMDlong	+0.0192%	1h	621.77	long leg	$551K	$2.5M	10x
Phoenix AMD	+0.0245%	1h	621.88	+0.018%	$2K	$90K	10x	as long as short
Aevo AMD-PERP	+0.0272%	1h	622.54	+0.125%	$11K	—	10x	as long as short
Nado AMD-PERP	+0.0289%	1h	622.10	+0.053%	$269K	$219K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0302%	8h	621.92	+0.024%	$7.0M	$28.0M	25x	as long as short
Aster AMDUSDT	+0.0378%	8h	621.79	+0.003%	$72K	$412K	50x	as long as short
GRVT AMD_USDT_Perp	+0.0658%	8h	622.28	+0.083%	$17K	$140K	10x	as long as short
Variational Omni AMD	+0.0700%	8h	622.15	+0.062%	$2.6M	$3.3M	—	as long as short
BloFin AMD-USDT	+0.0757%	8h	622.38	+0.098%	$7K	$549K	20x	as long as short
Binance AMDUSDT	+0.0757%	8h	622.08	+0.050%	$75.4M	$190.8M	25x	as long as short
Extended AMD_24_5-USDshort	+0.0760%	1h	622.05	+0.045%	$464K	$1.9M	10x