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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AMD | 622.04 | 0.0032 | pay 0.0004% / 1h | 7m 13s | $856K | $4.4M | 10x |
| Short | Aster AMDUSDT | 621.91 | 0.0385 | get 0.0385% / 8h | 5h 07m | $72K | $412K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 1 min ago | 1.21 bp | 1.6 bp −$2 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Aster live order book, 55 min ago | 2.09 bp | 13.7 bp −$14 | doesn't fit | 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 | −0.0804% | 4h | 622.14 | +0.016% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 622.25 | +0.034% | $1K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.81 | −0.037% | $77K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 622.12 | +0.013% | $122K | $599K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.73 | −0.050% | $1.8M | $459K | 10x | as long as short |
| Gate AMD_USDT | +0.0010% | 8h | 622.34 | +0.048% | $4.5M | $13.3M | 50x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 622.04 | long leg | $856K | $4.4M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.659% | $5K | $55K | 12x | as long as short |
| Bitget AMDUSDT | +0.0034% | 8h | 622.40 | +0.058% | $10.3M | $17.0M | 20x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.08 | +0.006% | $144K | $263K | 10x | 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 | 621.88 | −0.026% | $399K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.48 | −0.090% | $1.5M | $4.2M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0054% | 1h | 623.48 | +0.231% | — | $923K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 622.20 | +0.026% | $2.1M | $11.8M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.92 | −0.019% | $1.9M | $281K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.01 | −0.005% | $80K | $257K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.13 | +0.014% | $372 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 620.69 | −0.217% | $300K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0155% | 1h | 621.92 | −0.019% | $24.8M | $93.8M | 10x | as long as short |
| SoDEX AMD-USD | +0.0183% | 1h | 622.15 | +0.018% | $26K | $24K | 10x | as long as short |
| Lighter AMD | +0.0208% | 1h | 622.09 | +0.008% | $545K | $2.5M | 10x | as long as short |
| Phoenix AMD | +0.0245% | 1h | 621.94 | −0.016% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0272% | 1h | 622.54 | +0.080% | $11K | — | 10x | as long as short |
| Nado AMD-PERP | +0.0300% | 1h | 621.76 | −0.044% | $269K | $218K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0305% | 8h | 622.28 | +0.039% | $7.0M | $28.0M | 25x | as long as short |
| Aster AMDUSDTshort | +0.0385% | 8h | 621.91 | −0.021% | $72K | $412K | 50x | |
| GRVT AMD_USDT_Perp | +0.0658% | 8h | 622.28 | +0.039% | $17K | $140K | 10x | as long as short |
| Variational Omni AMD | +0.0712% | 8h | 621.75 | −0.046% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0767% | 8h | 622.38 | +0.055% | $75.4M | $190.1M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0768% | 1h | 622.16 | +0.019% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0770% | 8h | 622.42 | +0.061% | $7K | $549K | 20x | as long as short |
Lighter RH AMD
Aster AMDUSDT
edgeX AMDUSDC
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Injective AMD/USDC PERP
Bitget AMDUSDT
Polymarket Perps AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
SoDEX AMD-USD
Lighter AMD
Phoenix AMD
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT