Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.013%
Price spread now: Lighter against tradeXYZ+0.003%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days+0.117%+$12 · spread now +0.003%, 7d avg +0.056%
=Together, before fees+0.143%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.053% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMD | 622.90 | 0.0050 | pay 0.0006% / 1h | 11m 42s | $23.7M | $94.4M | 10x |
| Short | Lighter AMD | 622.92 | 0.0032 | get 0.0004% / 1h | 11m 42s | $555K | $2.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- −$3.78
- Price spread: +0.003% → +0.056%
- −$5.28
- Slippage, 4 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.07
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Lighter: 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 tradeXYZ live order book, 7 min ago | 0.56 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.36 bp | 1.5 bp −$2 | 10.1 bp −$101 | 112.2 bp −$11.2K | 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 | −0.0051% | 4h | 622.60 | −0.048% | $79K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 623.20 | +0.048% | $4.5M | $13.6M | 50x | as long as short |
| Bitget AMDUSDT | 0.0000% | 8h | 623.30 | +0.064% | $10.3M | $17.1M | 20x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 623.16 | +0.042% | $2K | $8.3M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 622.54 | −0.058% | $78K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 623.02 | +0.019% | $122K | $615K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 623.19 | +0.047% | $1.8M | $458K | 10x | as long as short |
| Lighter AMDshort | +0.0032% | 1h | 622.92 | +0.003% | $555K | $2.5M | 10x | |
| Lighter RH AMD | +0.0032% | 1h | 622.85 | −0.008% | $840K | $4.5M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.795% | $5K | $55K | 12x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 622.98 | +0.013% | $145K | $263K | 10x | as long as short |
| tradeXYZ xyz:AMDlong | +0.0050% | 1h | 622.90 | long leg | $23.7M | $94.4M | 10x | |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 622.48 | −0.067% | $399K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 622.96 | +0.010% | $26K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 622.25 | −0.104% | $1.4M | $4.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0063% | 1h | 624.17 | +0.204% | — | $923K | 25x | as long as short |
| Nado AMD-PERP | +0.0079% | 1h | 622.38 | −0.083% | $269K | $227K | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 623.17 | +0.043% | $2.1M | $11.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 622.77 | −0.021% | $1.9M | $290K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.79 | −0.018% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 622.92 | +0.003% | $373 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 622.30 | −0.096% | $316K | $1.9M | 10x | as long as short |
| Phoenix AMD | +0.0206% | 1h | 622.27 | −0.101% | $2K | $90K | 10x | as long as short |
| Aevo AMD-PERP | +0.0232% | 1h | 623.31 | +0.066% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0237% | 8h | 623.23 | +0.053% | $6.9M | $28.2M | 25x | as long as short |
| Aster AMDUSDT | +0.0261% | 8h | 622.69 | −0.033% | $72K | $412K | 50x | as long as short |
| GRVT AMD_USDT_Perp | +0.0339% | 8h | 622.69 | −0.034% | $17K | $148K | 10x | as long as short |
| Variational Omni AMD | +0.0557% | 8h | 622.79 | −0.017% | $2.6M | $3.3M | — | as long as short |
| Binance AMDUSDT | +0.0613% | 8h | 623.22 | +0.051% | $73.1M | $195.3M | 25x | as long as short |
| Extended AMD_24_5-USD | +0.0616% | 1h | 623.10 | +0.031% | $464K | $1.9M | 10x | as long as short |
| BloFin AMD-USDT | +0.0643% | 8h | 622.91 | +0.002% | $6K | $551K | 20x | as long as short |
tradeXYZ xyz:AMD
Lighter AMD
edgeX AMDUSDC
Gate AMD_USDT
Bitget AMDUSDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Polymarket Perps AMD-USD
SoDEX AMD-USD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
Aster AMDUSDT
GRVT AMD_USDT_Perp
Variational Omni AMD
Binance AMDUSDT
Extended AMD_24_5-USD
BloFin AMD-USDT