Funding arb · Price arb /

AMD

RWAall AMD markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h +0.074%

Price spread now: Bitget against Lighter RH+0.177%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Lighter RH Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.177%, 7d avg +0.056%

Together, before fees−0.054%+ Points / potential airdropLighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.121% dearer against Lighter RH than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of +0.056%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 44 hours. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 5.9% 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	610.78	0.0032	pay 0.0004% / 1h	28m 42s	$802K	$4.7M	10x
Short	Bitget AMDUSDT	611.86	−0.0187	pay 0.0187% / 8h	2h 28m	$10.3M	$17.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee Lighter RHbpFee BitgetbpOrdersPrice spread, now +0.177%Rate

Funding earned: −$45.99
Price spread: +0.177% → +0.056%: $12.11
Slippage, 4 orders: −$23.76
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$69.65
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 5 min ago; Bitget: 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 RH live order book, 5 min ago	1.47 bp	2.4 bp −$2	12.4 bp −$124	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.45 bp	15.7 bp −$16	22.2 bp −$222	40.6 bp −$4,062	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
Bitget AMDUSDTshort	−0.0187%	8h	611.86	+0.177%	$10.3M	$17.3M	20x
edgeX AMDUSDC	−0.0133%	4h	612.25	+0.240%	$72K	$1.7M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	611.32	+0.088%	$4.4M	$14.1M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	612.62	+0.301%	$2K	$8.2M	10x	as long as short
Deribit AMD_USDC-PERPETUAL	0.0000%	1h	611.95	+0.192%	$76K	$151K	10x	as long as short
HTX AMD-USDT	0.0000%	8h	612.10	+0.216%	$112K	$627K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	612.27	+0.244%	$1.7M	$462K	10x	as long as short
Lighter AMD	+0.0032%	1h	610.93	+0.025%	$524K	$2.6M	10x	as long as short
Lighter RH AMDlong	+0.0032%	1h	610.78	long leg	$802K	$4.7M	10x
QFEX AMD-USD	+0.0032%	1h	611.89	+0.182%	$2.0M	$11.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AMDUSDT	+0.0038%	8h	611.45	+0.110%	$69K	$415K	50x	as long as short
Arcus AMD-USD	+0.0040%	1h	612.00	+0.200%	$137K	$271K	10x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	613.03	+0.368%	—	$925K	25x	as long as short
tradeXYZ xyz:AMD	+0.0050%	1h	611.04	+0.043%	$23.0M	$95.0M	10x	as long as short
Polymarket Perps AMD-USD	+0.0050%	1h	611.84	+0.174%	$400K	$1.5M	10x	as long as short
SoDEX AMD-USD	+0.0050%	1h	612.13	+0.221%	$25K	$24K	10x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	611.17	+0.064%	$1.3M	$5.1M	10x	as long as short
Nado AMD-PERP	+0.0069%	1h	611.60	+0.135%	$254K	$240K	10x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	611.04	+0.043%	$317K	$1.9M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	611.18	+0.065%	$1.9M	$295K	20x	as long as short
ApeX Omni AMDUSDT	+0.0100%	1h	611.28	+0.082%	$78K	$256K	50x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	612.33	+0.254%	$366	$6K	10x	as long as short
OKX AMD-USDT-SWAP	+0.0119%	8h	611.08	+0.049%	$6.5M	$28.8M	25x	as long as short
GRVT AMD_USDT_Perp	+0.0134%	8h	611.97	+0.194%	$19K	$167K	10x	as long as short
Aevo AMD-PERP	+0.0176%	1h	612.69	+0.313%	$11K	—	10x	as long as short
Phoenix AMD	+0.0195%	1h	611.93	+0.188%	$2K	$90K	10x	as long as short
Injective AMD/USDC PERP	+0.0220%	1h	612.62	+0.301%	$2K	$59K	12x	as long as short
Variational Omni AMD	+0.0284%	8h	611.95	+0.192%	$2.5M	$3.3M	—	as long as short
Extended AMD_24_5-USD	+0.0368%	1h	611.04	+0.042%	$457K	$3.1M	10x	as long as short
Binance AMDUSDT	+0.0369%	8h	611.23	+0.074%	$71.5M	$201.9M	25x	as long as short
BloFin AMD-USDT	+0.0379%	8h	612.41	+0.267%	$6K	$544K	20x	as long as short