Funding you earn now, next payment 23:00 UTC−0.0239%/8h= −26.2% APRnext payment −$0.30 per $10,000 · paid last 24h −0.056%
Price spread now: Lighter against Nado+0.078%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$190.186% of the position
Funding, last 3 days (all we have)−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)−0.155%−$15 · spread now +0.078%, 7d avg +0.012%
=Together, before fees−0.223%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.065% dearer against Nado than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.012%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 3 days (−0.068% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.068% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.30 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 | Nado AMD-PERP | 616.20 | 0.0423 | pay 0.0053% / 1h | 45m 38s | $314K | $166K | 10x |
| Short | Lighter AMD | 616.68 | 0.0184 | get 0.0023% / 1h | 45m 38s | $533K | $2.6M | 10x |
Nado AMD-PERP
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- −$50.26
- Price spread: +0.078% → +0.012%
- $6.54
- Slippage, 4 orders
- −$11.57
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$62.29
- Costs to cover
- 0.186%
- Break-even
- never at this rate
Slippage from Nado: live order book, 37 min ago; Lighter: live order book, 6 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 Nado live order book, 37 min ago | 2.19 bp | 8.7 bp −$9 | 30.1 bp −$301 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.30 bp | 2.1 bp −$2 | 7.8 bp −$78 | 56.1 bp −$5,612 | 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 | −0.0022% | 4h | 616.70 | +0.081% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 617.00 | +0.130% | $4.4M | $13.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 616.83 | +0.102% | $1K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 616.71 | +0.082% | $127K | $578K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 616.50 | +0.048% | $1.7M | $460K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0008% | 8h | 616.69 | +0.079% | $6.8M | $28.6M | 25x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 616.54 | +0.055% | $825K | $4.6M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −0.727% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 617.53 | +0.216% | — | $949K | 25x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 616.66 | +0.074% | $406K | $1.6M | 10x | as long as short |
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
OKX AMD-USDT-SWAP
Lighter RH AMD
Injective AMD/USDC PERP
Vest AMD-USD-PERP
Polymarket Perps AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 615.98 | −0.036% | $1.4M | $4.8M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 616.68 | +0.078% | $311K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0079% | 1h | 616.35 | +0.024% | $24.9M | $95.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 617.05 | +0.138% | $2.3M | $13.2M | 10x | as long as short |
| Aster AMDUSDT | +0.0089% | 8h | 616.96 | +0.123% | $71K | $416K | 50x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 616.26 | +0.009% | $1.9M | $323K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 616.81 | +0.099% | $376 | $6K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0133% | 1h | 616.76 | +0.091% | $79K | $259K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 616.50 | +0.048% | $2K | $94K | 10x | as long as short |
| SoDEX AMD-USD | +0.0183% | 1h | 616.75 | +0.089% | $25K | $24K | 10x | as long as short |
| Lighter AMDshort | +0.0184% | 1h | 616.68 | +0.078% | $533K | $2.6M | 10x | |
| Aevo AMD-PERP | +0.0192% | 1h | 617.18 | +0.159% | $11K | — | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0370% | 8h | 616.80 | +0.097% | $17K | $140K | 10x | as long as short |
| Variational Omni AMD | +0.0374% | 8h | 617.01 | +0.132% | $2.7M | $3.1M | — | as long as short |
| Nado AMD-PERPlong | +0.0423% | 1h | 616.20 | long leg | $314K | $166K | 10x | |
| Extended AMD_24_5-USD | +0.0432% | 1h | 617.08 | +0.142% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0438% | 8h | 617.20 | +0.163% | $75.2M | $193.4M | 25x | as long as short |
| BloFin AMD-USDT | +0.0442% | 8h | 616.77 | +0.092% | $6K | $541K | 20x | as long as short |
| Bitget AMDUSDT | +0.0483% | 8h | 617.01 | +0.131% | $10.1M | $18.2M | 20x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0529% | 1h | 616.60 | +0.065% | $77K | $163K | 10x | as long as short |
| Arcus AMD-USD | +0.0780% | 1h | 616.88 | +0.110% | $142K | $281K | 10x | as long as short |
Ondo Perps AMD-USD.P
Coinbase International AMD-PERP-INTX
tradeXYZ xyz:AMD
QFEX AMD-USD
Aster AMDUSDT
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
ApeX Omni AMDUSDT
Phoenix AMD
SoDEX AMD-USD
Aevo AMD-PERP
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT
Bitget AMDUSDT
Deribit AMD_USDC-PERPETUAL
Arcus AMD-USD