Funding you earn now, next payment 23:00 UTC−0.0158%/8h= −17.3% APRnext payment −$0.20 per $10,000 · paid last 24h −0.011%
Price spread now: Polymarket Perps against Lighter−0.086%45s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$140.144% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now −0.086%, 7d avg −0.045%
=Together, before fees+0.117%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 0.041% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 45 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 | Lighter AMD | 618.31 | 0.0208 | pay 0.0026% / 1h | 34m 45s | $535K | $2.6M | 10x |
| Short | Polymarket Perps AMD-USD | 617.78 | 0.0050 | get 0.0006% / 1h | 34m 45s | $394K | $1.6M | 10x |
Lighter AMD
Polymarket Perps AMD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Lighter. 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
- −$33.18
- Price spread: −0.086% → −0.045%
- −$4.06
- Slippage, 4 orders
- −$6.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$51.63
- Costs to cover
- 0.144%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; Polymarket Perps: 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 live order book, 2 min ago | 0.81 bp | 0.9 bp −$1 | 4.3 bp −$43 | 50.0 bp −$5,000 | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 0.32 bp | 5.3 bp −$5 | 5.4 bp −$54 | 9.5 bp −$951 | 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 | −0.0006% | 4h | 617.60 | −0.115% | $81K | $1.6M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 618.47 | +0.026% | $4.4M | $13.3M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 618.26 | −0.008% | $2K | $9.1M | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 618.12 | −0.031% | $127K | $577K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 617.73 | −0.094% | $1.7M | $460K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0024% | 8h | 618.25 | −0.010% | $6.8M | $28.8M | 25x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 618.12 | −0.031% | $828K | $4.7M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.066% | $5K | $55K | 12x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 618.76 | +0.073% | — | $949K | 25x | as long as short |
| Polymarket Perps AMD-USDshort | +0.0050% | 1h | 617.78 | −0.086% | $394K | $1.6M | 10x |
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-PERPShow 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 | 617.21 | −0.178% | $1.4M | $4.8M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0069% | 1h | 617.86 | −0.073% | $24.7M | $95.8M | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 616.60 | −0.277% | $310K | $1.8M | 10x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 617.95 | −0.058% | $2.3M | $13.2M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 617.61 | −0.113% | $1.9M | $323K | 20x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 617.98 | −0.053% | $377 | $6K | 10x | as long as short |
| Aster AMDUSDT | +0.0129% | 8h | 617.31 | −0.162% | $71K | $416K | 50x | as long as short |
| Phoenix AMD | +0.0169% | 1h | 617.45 | −0.139% | $2K | $94K | 10x | as long as short |
| Aevo AMD-PERP | +0.0200% | 1h | 618.08 | −0.037% | $11K | — | 10x | as long as short |
| Lighter AMDlong | +0.0208% | 1h | 618.31 | long leg | $535K | $2.6M | 10x | |
| ApeX Omni AMDUSDT | +0.0222% | 1h | 616.51 | −0.291% | $79K | $259K | 50x | as long as short |
| SoDEX AMD-USD | +0.0272% | 1h | 618.03 | −0.045% | $25K | $24K | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | +0.0382% | 1h | 617.92 | −0.063% | $77K | $163K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0404% | 8h | 617.56 | −0.122% | $17K | $139K | 10x | as long as short |
| Variational Omni AMD | +0.0414% | 8h | 617.84 | −0.075% | $2.7M | $3.1M | — | as long as short |
| Nado AMD-PERP | +0.0421% | 1h | 617.35 | −0.155% | $315K | $166K | 10x | as long as short |
| BloFin AMD-USDT | +0.0459% | 8h | 618.21 | −0.016% | $6K | $542K | 20x | as long as short |
| Extended AMD_24_5-USD | +0.0464% | 1h | 618.38 | +0.011% | $456K | $1.5M | 10x | as long as short |
| Binance AMDUSDT | +0.0471% | 8h | 618.54 | +0.037% | $75.4M | $193.4M | 25x | as long as short |
| Bitget AMDUSDT | +0.0499% | 8h | 618.40 | +0.015% | $10.1M | $18.2M | 20x | as long as short |
| Arcus AMD-USD | +0.0780% | 1h | 618.26 | −0.008% | $143K | $275K | 10x | as long as short |
Ondo Perps AMD-USD.P
tradeXYZ xyz:AMD
Coinbase International AMD-PERP-INTX
QFEX AMD-USD
KuCoin AMDUSDTM
Orderly PERP_AMD_USDC_mythos
Aster AMDUSDT
Phoenix AMD
Aevo AMD-PERP
ApeX Omni AMDUSDT
SoDEX AMD-USD
Deribit AMD_USDC-PERPETUAL
GRVT AMD_USDT_Perp
Variational Omni AMD
Nado AMD-PERP
BloFin AMD-USDT
Extended AMD_24_5-USD
Binance AMDUSDT
Bitget AMDUSDT
Arcus AMD-USD