Funding you earn now, next payment 03:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.023%
Price spread now: Lighter against Lighter RH+0.011%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$70.068% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now +0.011%, 7d avg +0.034%
=Together, before fees+0.129%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.023% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.034%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.084% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 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 RH AMD | 619.89 | 0.0032 | pay 0.0004% / 1h | 27m 49s | $854K | $4.4M | 10x |
| Short | Lighter AMD | 619.96 | 0.0240 | get 0.0030% / 1h | 27m 49s | $546K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $43.68
- Price spread: +0.011% → +0.034%
- −$2.29
- Slippage, 4 orders
- −$6.8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $34.59
- Costs to cover
- 0.068%
- Break-even
- 1.5 days
Slippage from Lighter RH: live order book, 6 min ago; Lighter: live order book, 4 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, 6 min ago | 1.61 bp | 2.0 bp −$2 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.13 bp | 1.1 bp −$1 | 3.6 bp −$36 | 35.4 bp −$3,541 | 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 | −0.0767% | 4h | 621.21 | +0.213% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 620.68 | +0.127% | $2K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 620.21 | +0.052% | $122K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 620.48 | +0.095% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0006% | 8h | 620.40 | +0.082% | $4.5M | $13.3M | 50x | as long as short |
| Lighter RH AMDlong | +0.0032% | 1h | 619.89 | long leg | $854K | $4.4M | 10x | |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.318% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 620.95 | +0.171% | $144K | $263K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 620.00 | +0.018% | $397K | $1.5M | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 619.52 | −0.060% | $1.5M | $4.1M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMD-USD-PERP | +0.0055% | 1h | 621.50 | +0.260% | — | $923K | 25x | as long as short |
| Bitget AMDUSDT | +0.0060% | 8h | 620.43 | +0.087% | $10.3M | $17.1M | 20x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 620.41 | +0.084% | $2.1M | $12.0M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 619.87 | −0.003% | $1.9M | $283K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 620.33 | +0.071% | $371 | $6K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0125% | 1h | 620.94 | +0.169% | $80K | $257K | 50x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 620.69 | +0.129% | $300K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0164% | 1h | 619.78 | −0.018% | $25.0M | $93.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0202% | 1h | 619.92 | +0.005% | $77K | $151K | 10x | as long as short |
| SoDEX AMD-USD | +0.0211% | 1h | 620.22 | +0.053% | $25K | $24K | 10x | as long as short |
| Lighter AMDshort | +0.0240% | 1h | 619.96 | +0.011% | $546K | $2.4M | 10x | |
| Phoenix AMD | +0.0245% | 1h | 620.93 | +0.168% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 620.72 | +0.134% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0309% | 8h | 620.18 | +0.047% | $6.9M | $27.9M | 25x | as long as short |
| Nado AMD-PERP | +0.0332% | 1h | 619.74 | −0.024% | $268K | $214K | 10x | as long as short |
| Aster AMDUSDT | +0.0406% | 8h | 620.58 | +0.112% | $72K | $412K | 50x | as long as short |
| Variational Omni AMD | +0.0723% | 8h | 621.20 | +0.212% | $2.6M | $3.3M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0724% | 8h | 621.26 | +0.221% | $18K | $137K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 620.23 | +0.055% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0785% | 8h | 620.36 | +0.076% | $75.5M | $190.0M | 25x | as long as short |
| BloFin AMD-USDT | +0.0800% | 8h | 621.23 | +0.216% | $7K | $548K | 20x | as long as short |
Lighter RH AMD
Lighter AMD
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
Bitget AMDUSDT
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
Deribit AMD_USDC-PERPETUAL
SoDEX AMD-USD
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
Variational Omni AMD
GRVT AMD_USDT_Perp
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT