Funding you earn now, next payment 01:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter against Phoenix+0.023%74s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.023% dearer against Phoenix than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMD | 620.80 | 0.0244 | pay 0.0030% / 1h | 54m 13s | $2K | $90K | 10x |
| Short | Lighter AMD | 620.94 | 0.0272 | get 0.0034% / 1h | 54m 13s | $549K | $2.4M | 10x |
Phoenix AMD
Lighter AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Phoenix. 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
- $5.91
- Price spread: +0.023% → 0.000%
- $2.26
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.16
- Costs to cover
- 0.070%
- Break-even
- 5.6 days
Slippage unknown: Phoenix: no order-book sample; Lighter: live order book, 8 min ago. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 8 min ago | 1.13 bp | 1.2 bp −$1 | 4.3 bp −$43 | 60.1 bp −$6,008 | doesn't fit |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
AMD on 30 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 | −0.0647% | 4h | 621.12 | +0.051% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.60 | +0.129% | $1K | $8.3M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 621.28 | +0.077% | $122K | $596K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.45 | +0.105% | $1.8M | $460K | 10x | as long as short |
| Gate AMD_USDT | +0.0020% | 8h | 621.42 | +0.100% | $4.5M | $13.2M | 50x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 620.84 | +0.006% | $852K | $4.4M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.463% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 621.07 | +0.043% | $144K | $263K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 620.06 | −0.119% | $1.5M | $4.1M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0057% | 1h | 622.30 | +0.242% | — | $923K | 25x | as long as short |
edgeX AMDUSDC
SunX AMD-USDT
HTX AMD-USDT
Phemex AMDUSDT
Gate AMD_USDT
Lighter RH AMD
Injective AMD/USDC PERP
Arcus AMD-USD
Ondo Perps AMD-USD.P
Vest AMD-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMD-USD | +0.0080% | 1h | 621.48 | +0.110% | $2.1M | $12.1M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 620.53 | −0.043% | $1.9M | $285K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.31 | +0.082% | $372 | $6K | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0120% | 1h | 620.95 | +0.024% | $398K | $1.5M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 619.72 | −0.174% | $305K | $1.8M | 10x | as long as short |
| Bitget AMDUSDT | +0.0176% | 8h | 621.41 | +0.098% | $10.3M | $17.1M | 20x | as long as short |
| tradeXYZ xyz:AMD | +0.0193% | 1h | 620.67 | −0.021% | $25.1M | $93.5M | 10x | as long as short |
| Phoenix AMDlong | +0.0244% | 1h | 620.80 | long leg | $2K | $90K | 10x | |
| Lighter AMDshort | +0.0272% | 1h | 620.94 | +0.023% | $549K | $2.4M | 10x | |
| Aevo AMD-PERP | +0.0280% | 1h | 621.64 | +0.135% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0292% | 8h | 621.19 | +0.063% | $6.9M | $28.0M | 25x | as long as short |
| SoDEX AMD-USD | +0.0357% | 1h | 621.20 | +0.064% | $25K | $24K | 10x | as long as short |
| Nado AMD-PERP | +0.0366% | 1h | 620.82 | +0.003% | $269K | $210K | 10x | as long as short |
| Aster AMDUSDT | +0.0410% | 8h | 621.07 | +0.044% | $72K | $412K | 50x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0427% | 1h | 620.79 | −0.002% | $77K | $151K | 10x | as long as short |
| ApeX Omni AMDUSDT | +0.0572% | 1h | 621.27 | +0.076% | $80K | $258K | 50x | as long as short |
| Variational Omni AMD | +0.0723% | 8h | 621.10 | +0.049% | $2.6M | $3.3M | — | as long as short |
| GRVT AMD_USDT_Perp | +0.0767% | 8h | 621.20 | +0.064% | $18K | $134K | 10x | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 621.18 | +0.061% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0786% | 8h | 621.37 | +0.092% | $75.5M | $190.0M | 25x | as long as short |
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Polymarket Perps AMD-USD
Coinbase International AMD-PERP-INTX
Bitget AMDUSDT
tradeXYZ xyz:AMD
Aevo AMD-PERP
OKX AMD-USDT-SWAP
SoDEX AMD-USD
Nado AMD-PERP
Aster AMDUSDT
Deribit AMD_USDC-PERPETUAL
ApeX Omni AMDUSDT
Variational Omni AMD
GRVT AMD_USDT_Perp
Extended AMD_24_5-USD
Binance AMDUSDT