AMD

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.011%

Price spread now: Lighter against Polymarket Perps+0.002%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$180.175% of the position

Long on Polymarket Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.002%, 7d avg +0.045%

Together, before fees−0.033%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.043% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.045%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.038% in total) that is about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMD-USD	619.59	0.0053	pay 0.0007% / 1h	10m 01s	$395K	$1.6M	10x
Short	Lighter AMD	619.60	0.0192	get 0.0024% / 1h	10m 01s	$536K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee LighterbpOrdersPrice spread, now +0.002%Rate

Funding earned: $29.18
Price spread: +0.002% → +0.045%: −$4.35
Slippage, 4 orders: −$9.55
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $7.29
Costs to cover: 0.175%
Break-even: 5.3 days

Slippage from Polymarket Perps: live order book, 3 min ago; Lighter: live order book, 7 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 Polymarket Perps live order book, 3 min ago	2.42 bp	6.9 bp −$7	6.9 bp −$69	9.1 bp −$907	doesn't fit
Sell Lighter live order book, 7 min ago	1.62 bp	2.6 bp −$3	5.1 bp −$51	35.3 bp −$3,529	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	−0.0033%	4h	619.68	+0.014%	$81K	$1.6M	10x	as long as short
Gate AMD_USDT	0.0000%	8h	620.03	+0.071%	$4.4M	$13.6M	50x	as long as short
SunX AMD-USDT	0.0000%	8h	620.13	+0.087%	$2K	$9.0M	10x	as long as short
HTX AMD-USDT	0.0000%	8h	619.71	+0.019%	$132K	$580K	20x	as long as short
Phemex AMDUSDT	0.0000%	8h	620.00	+0.066%	$1.8M	$460K	10x	as long as short
Lighter RH AMD	+0.0032%	1h	619.45	−0.023%	$834K	$4.7M	10x	as long as short
Injective AMD/USDC PERP	+0.0033%	1h	611.72	−1.270%	$5K	$55K	12x	as long as short
Vest AMD-USD-PERP	+0.0046%	1h	620.50	+0.147%	—	$950K	25x	as long as short
Ondo Perps AMD-USD.P	+0.0050%	1h	618.75	−0.136%	$1.5M	$4.8M	10x	as long as short
Polymarket Perps AMD-USDlong	+0.0053%	1h	619.59	long leg	$395K	$1.6M	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AMD-USDT-SWAP	+0.0064%	8h	619.79	+0.032%	$6.8M	$28.7M	25x	as long as short
Coinbase International AMD-PERP-INTX	+0.0072%	1h	618.86	−0.118%	$311K	$1.8M	10x	as long as short
QFEX AMD-USD	+0.0080%	1h	619.89	+0.048%	$2.3M	$13.3M	10x	as long as short
tradeXYZ xyz:AMD	+0.0093%	1h	619.32	−0.044%	$24.8M	$95.6M	10x	as long as short
KuCoin AMDUSDTM	+0.0100%	8h	619.49	−0.016%	$1.9M	$321K	20x	as long as short
Orderly PERP_AMD_USDC_mythos	+0.0100%	8h	619.74	+0.024%	$378	$6K	10x	as long as short
Phoenix AMD	+0.0169%	1h	619.21	−0.061%	$2K	$94K	10x	as long as short
Aster AMDUSDT	+0.0176%	8h	619.04	−0.089%	$72K	$416K	50x	as long as short
Lighter AMDshort	+0.0192%	1h	619.60	+0.002%	$536K	$2.6M	10x
ApeX Omni AMDUSDT	+0.0194%	1h	619.34	−0.040%	$80K	$259K	50x	as long as short
Aevo AMD-PERP	+0.0208%	1h	620.17	+0.093%	$11K	—	10x	as long as short
SoDEX AMD-USD	+0.0266%	1h	619.80	+0.034%	$25K	$24K	10x	as long as short
Nado AMD-PERP	+0.0411%	1h	619.03	−0.091%	$315K	$166K	10x	as long as short
GRVT AMD_USDT_Perp	+0.0453%	8h	619.68	+0.014%	$17K	$137K	10x	as long as short
Variational Omni AMD	+0.0460%	8h	619.72	+0.021%	$2.7M	$3.1M	—	as long as short
Binance AMDUSDT	+0.0510%	8h	620.01	+0.068%	$75.6M	$193.1M	25x	as long as short
Extended AMD_24_5-USD	+0.0512%	1h	619.97	+0.062%	$458K	$1.5M	10x	as long as short
BloFin AMD-USDT	+0.0513%	8h	619.99	+0.065%	$6K	$546K	20x	as long as short
Bitget AMDUSDT	+0.0518%	8h	619.91	+0.052%	$10.1M	$18.2M	20x	as long as short
Deribit AMD_USDC-PERPETUAL	+0.0703%	1h	619.60	+0.002%	$77K	$163K	10x	as long as short
Arcus AMD-USD	+0.0780%	1h	619.70	+0.018%	$145K	$267K	10x	as long as short