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−0.0032%/8h= −3.5% APRpaid last 24h −0.032%
Price spread now: SunX against Lighter+0.080%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2782.784% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.169%−$17 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.080%, 7d avg +0.023%
Together, before fees−0.325%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.057% dearer against Lighter than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.023%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.169% in total) that is about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD614.730.0032pay 0.0004% / 1h5m 59s$526K$2.6M10x
ShortSunX AMD-USDT615.220get 0.0000% / 8h2h 05m$2K$8.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$6.72
Price spread: +0.080% → +0.023%
$5.68
Slippage, 4 orders
−$270.38
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$279.42
Costs to cover
2.784%
Break-even
never at this rate
Slippage from Lighter: live order book, 6 min ago; SunX: live order book, 13 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, 6 min ago1.14 bp1.2 bp −$13.6 bp −$3649.9 bp −$4,988doesn't fit
Sell SunX live order book, 13 min ago46.13 bp146.3 bp −$146doesn't fitdoesn'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−0.0406%4h614.29−0.071%$72K$1.7M10xas long as short
Bitget AMDUSDT−0.0277%8h615.42+0.112%$10.3M$17.3M20xas long as short
Gate AMD_USDT0.0000%8h615.37+0.104%$4.4M$14.3M50xas long as short
SunX AMD-USDTshort0.0000%8h615.22+0.080%$2K$8.1M10x
HTX AMD-USDT0.0000%8h615.13+0.065%$106K$640K20xas long as short
Phemex AMDUSDT0.0000%8h614.58−0.024%$1.7M$462K10xas long as short
Aster AMDUSDT+0.0025%8h614.64−0.015%$70K$416K50xas long as short
Lighter AMDlong+0.0032%1h614.73long leg$526K$2.6M10x
Lighter RH AMD+0.0032%1h614.57−0.026%$814K$4.7M10xas long as short
QFEX AMD-USD+0.0032%1h615.18+0.073%$2.1M$11.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMD-USD+0.0040%1h614.69−0.007%$137K$275K10xas long as short
Vest AMD-USD-PERP+0.0046%1h615.88+0.187%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h614.80+0.011%$23.2M$95.1M10xas long as short
Polymarket Perps AMD-USD+0.0050%1h614.90+0.028%$396K$1.6M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h614.43−0.049%$1.4M$5.4M10xas long as short
Coinbase International AMD-PERP-INTX+0.0072%1h615.73+0.163%$318K$1.9M10xas long as short
Nado AMD-PERP+0.0100%1h614.30−0.070%$255K$241K10xas long as short
KuCoin AMDUSDTM+0.0100%8h614.65−0.013%$1.9M$293K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h613.90−0.135%$79K$256K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h614.98+0.041%$368$6K10xas long as short
OKX AMD-USDT-SWAP+0.0112%8h615.06+0.054%$6.6M$29.1M25xas long as short
SoDEX AMD-USD+0.0145%1h615.03+0.049%$25K$24K10xas long as short
GRVT AMD_USDT_Perp+0.0157%8h614.41−0.052%$19K$169K10xas long as short
Aevo AMD-PERP+0.0168%1h615.34+0.099%$11K10xas long as short
Phoenix AMD+0.0195%1h614.25−0.078%$2K$90K10xas long as short
Injective AMD/USDC PERP+0.0220%1h612.62−0.343%$2K$59K12xas long as short
Variational Omni AMD+0.0271%8h614.34−0.063%$2.5M$3.3Mas long as short
Binance AMDUSDT+0.0356%8h615.19+0.075%$72.3M$203.3M25xas long as short
Extended AMD_24_5-USD+0.0360%1h615.01+0.046%$457K$3.1M10xas long as short
BloFin AMD-USDT+0.0381%8h615.55+0.133%$6K$548K20xas long as short
Deribit AMD_USDC-PERPETUAL+0.0548%1h614.64−0.015%$77K$151K10xas long as short