Settings8H · net · $10k
Funding arb · Price arb /

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.011%
Price spread now: Lighter RH against Polymarket Perps−0.035%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$180.181% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days+0.176%+$18 · spread now −0.035%, 7d avg +0.047%
Together, before fees+0.128%+ Points / potential airdropLighter RH: Points live · farm board+$13 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 RH is 0.082% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AMD-USD620.750.0050pay 0.0006% / 1h32m 25s$398K$1.5M10x
ShortLighter RH AMD620.530.0032get 0.0004% / 1h32m 25s$850K$4.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
−$3.78
Price spread: −0.035% → +0.047%
−$8.22
Slippage, 4 orders
−$10.09
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$30.09
Costs to cover
0.181%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; Lighter RH: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 1 min ago2.66 bp6.7 bp −$76.7 bp −$678.8 bp −$876doesn't fit
Sell Lighter RH live order book, 1 min ago1.61 bp2.5 bp −$210.8 bp −$108doesn't fitdoesn't fit

AMD on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AMDUSDC−0.0724%4h621.10+0.057%$81K$1.6M10xas long as short
SunX AMD-USDT0.0000%8h621.36+0.098%$2K$8.3M10xas long as short
HTX AMD-USDT0.0000%8h621.18+0.069%$122K$596K20xas long as short
Phemex AMDUSDT0.0000%8h620.88+0.021%$1.8M$460K10xas long as short
Gate AMD_USDT+0.0007%8h621.30+0.089%$4.5M$13.3M50xas long as short
Lighter RH AMDshort+0.0032%1h620.53−0.035%$850K$4.4M10x
Injective AMD/USDC PERP+0.0033%1h611.72−1.455%$5K$55K12xas long as short
Arcus AMD-USD+0.0040%1h621.13+0.061%$144K$263K10xas long as short
Polymarket Perps AMD-USDlong+0.0050%1h620.75long leg$398K$1.5M10x
Ondo Perps AMD-USD.P+0.0050%1h619.93−0.132%$1.5M$4.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMD-USD-PERP+0.0056%1h621.81+0.171%$923K25xas long as short
Bitget AMDUSDT+0.0070%8h621.27+0.084%$10.3M$17.1M20xas long as short
QFEX AMD-USD+0.0080%1h621.03+0.045%$2.1M$12.0M10xas long as short
KuCoin AMDUSDTM+0.0100%8h620.33−0.068%$1.9M$283K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h620.76+0.002%$80K$257K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h621.10+0.056%$371$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0136%1h620.69−0.010%$300K$1.8M10xas long as short
tradeXYZ xyz:AMD+0.0163%1h620.52−0.037%$25.1M$93.5M10xas long as short
SoDEX AMD-USD+0.0210%1h621.04+0.047%$25K$24K10xas long as short
Lighter AMD+0.0240%1h620.72−0.005%$545K$2.4M10xas long as short
Phoenix AMD+0.0245%1h620.750.000%$2K$90K10xas long as short
Aevo AMD-PERP+0.0280%1h621.55+0.129%$11K10xas long as short
OKX AMD-USDT-SWAP+0.0305%8h620.92+0.027%$6.9M$27.9M25xas long as short
Nado AMD-PERP+0.0324%1h620.16−0.096%$268K$214K10xas long as short
Aster AMDUSDT+0.0405%8h620.63−0.019%$72K$412K50xas long as short
GRVT AMD_USDT_Perp+0.0711%8h621.15+0.064%$18K$136K10xas long as short
Variational Omni AMD+0.0719%8h621.22+0.076%$2.6M$3.3Mas long as short
BloFin AMD-USDT+0.0757%8h621.40+0.105%$7K$548K20xas long as short
Binance AMDUSDT+0.0782%8h621.25+0.081%$75.6M$190.0M25xas long as short
Extended AMD_24_5-USD+0.0784%1h621.09+0.055%$463K$1.9M10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0943%1h620.80+0.008%$77K$151K10xas long as short