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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h +0.017%
Price spread now: Aster against Lighter RH−0.021%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.403%+$40 · spread now −0.021%, 7d avg +0.042%
Together, before fees+0.407%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.063% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.042%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.004% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% 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 RH AMD622.040.0032pay 0.0004% / 1h7m 13s$856K$4.4M10x
ShortAster AMDUSDT621.910.0385get 0.0385% / 8h5h 07m$72K$412K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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
$74.16
Price spread: −0.021% → +0.042%
−$6.28
Slippage, 4 orders
−$24.01
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$35.87
Costs to cover
0.320%
Break-even
3.6 days
Slippage from Lighter RH: live order book, 1 min ago; Aster: live order book, 55 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 RH live order book, 1 min ago1.21 bp1.6 bp −$27.0 bp −$70doesn't fitdoesn't fit
Sell Aster live order book, 55 min ago2.09 bp13.7 bp −$14doesn'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−0.0804%4h622.14+0.016%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h622.25+0.034%$1K$8.3M10xas long as short
Deribit AMD_USDC-PERPETUAL0.0000%1h621.81−0.037%$77K$151K10xas long as short
HTX AMD-USDT0.0000%8h622.12+0.013%$122K$599K20xas long as short
Phemex AMDUSDT0.0000%8h621.73−0.050%$1.8M$459K10xas long as short
Gate AMD_USDT+0.0010%8h622.34+0.048%$4.5M$13.3M50xas long as short
Lighter RH AMDlong+0.0032%1h622.04long leg$856K$4.4M10x
Injective AMD/USDC PERP+0.0033%1h611.72−1.659%$5K$55K12xas long as short
Bitget AMDUSDT+0.0034%8h622.40+0.058%$10.3M$17.0M20xas long as short
Arcus AMD-USD+0.0040%1h622.08+0.006%$144K$263K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMD-USD+0.0050%1h621.88−0.026%$399K$1.5M10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h621.48−0.090%$1.5M$4.2M10xas long as short
Vest AMD-USD-PERP+0.0054%1h623.48+0.231%$923K25xas long as short
QFEX AMD-USD+0.0080%1h622.20+0.026%$2.1M$11.8M10xas long as short
KuCoin AMDUSDTM+0.0100%8h621.92−0.019%$1.9M$281K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h622.01−0.005%$80K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h622.13+0.014%$372$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h620.69−0.217%$300K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0155%1h621.92−0.019%$24.8M$93.8M10xas long as short
SoDEX AMD-USD+0.0183%1h622.15+0.018%$26K$24K10xas long as short
Lighter AMD+0.0208%1h622.09+0.008%$545K$2.5M10xas long as short
Phoenix AMD+0.0245%1h621.94−0.016%$2K$90K10xas long as short
Aevo AMD-PERP+0.0272%1h622.54+0.080%$11K10xas long as short
Nado AMD-PERP+0.0300%1h621.76−0.044%$269K$218K10xas long as short
OKX AMD-USDT-SWAP+0.0305%8h622.28+0.039%$7.0M$28.0M25xas long as short
Aster AMDUSDTshort+0.0385%8h621.91−0.021%$72K$412K50x
GRVT AMD_USDT_Perp+0.0658%8h622.28+0.039%$17K$140K10xas long as short
Variational Omni AMD+0.0712%8h621.75−0.046%$2.6M$3.3Mas long as short
Binance AMDUSDT+0.0767%8h622.38+0.055%$75.4M$190.1M25xas long as short
Extended AMD_24_5-USD+0.0768%1h622.16+0.019%$464K$1.9M10xas long as short
BloFin AMD-USDT+0.0770%8h622.42+0.061%$7K$549K20xas long as short