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

AMD

RWAall AMD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.012%
Price spread now: Polymarket Perps against Lighter−0.010%45s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$170.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 7 days−0.221%−$22 · spread now −0.010%, 7d avg −0.077%
Together, before fees−0.256%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.067% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.077%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMD612.360.0032pay 0.0004% / 1h28m 48s$520K$2.6M10x
ShortPolymarket Perps AMD-USD612.300.0050get 0.0006% / 1h28m 48s$394K$1.6M10x

Funding 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 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: −0.010% → −0.077%
$6.71
Slippage, 4 orders
−$8.92
Fee Lighter: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$6.43
Costs to cover
0.169%
Break-even
18.9 days
Slippage from Lighter: live order book, 8 min ago; Polymarket Perps: live order book, 5 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 Lighter live order book, 8 min ago2.54 bp2.7 bp −$35.7 bp −$5758.5 bp −$5,853doesn't fit
Sell Polymarket Perps live order book, 5 min ago0.25 bp5.4 bp −$55.5 bp −$559.6 bp −$958doesn'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
Bitget AMDUSDT−0.0436%8h613.11+0.122%$10.3M$17.4M20xas long as short
edgeX AMDUSDC−0.0271%4h612.03−0.054%$72K$1.7M10xas long as short
Aster AMDUSDT0.0000%8h612.74+0.062%$70K$416K50xas long as short
Gate AMD_USDT0.0000%8h612.85+0.080%$4.4M$14.4M50xas long as short
SunX AMD-USDT0.0000%8h612.68+0.052%$2K$8.1M10xas long as short
HTX AMD-USDT0.0000%8h612.74+0.062%$102K$642K20xas long as short
Phemex AMDUSDT0.0000%8h612.41+0.008%$1.7M$463K10xas long as short
Lighter AMDlong+0.0032%1h612.36long leg$520K$2.6M10x
Lighter RH AMD+0.0032%1h612.24−0.020%$812K$4.7M10xas long as short
Arcus AMD-USD+0.0040%1h611.90−0.075%$135K$276K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMD-USD-PERP+0.0046%1h613.08+0.118%$925K25xas long as short
tradeXYZ xyz:AMD+0.0050%1h612.21−0.024%$22.8M$95.4M10xas long as short
Polymarket Perps AMD-USDshort+0.0050%1h612.30−0.010%$394K$1.6M10x
SoDEX AMD-USD+0.0050%1h612.59+0.038%$25K$24K10xas long as short
Ondo Perps AMD-USD.P+0.0050%1h611.55−0.132%$1.4M$5.4M10xas long as short
QFEX AMD-USD+0.0067%1h612.52+0.026%$2.1M$11.6M10xas long as short
Injective AMD/USDC PERP+0.0067%1h549.96−10.190%$2K$59K12xas long as short
Nado AMD-PERP+0.0078%1h612.07−0.047%$254K$241K10xas long as short
OKX AMD-USDT-SWAP+0.0083%8h612.67+0.051%$6.6M$29.1M25xas long as short
KuCoin AMDUSDTM+0.0100%8h612.14−0.036%$1.9M$294K20xas long as short
ApeX Omni AMDUSDT+0.0100%1h611.96−0.065%$79K$255K50xas long as short
Orderly PERP_AMD_USDC_mythos+0.0100%8h612.54+0.029%$366$6K10xas long as short
Coinbase International AMD-PERP-INTX+0.0120%1h611.88−0.078%$315K$1.9M10xas long as short
GRVT AMD_USDT_Perp+0.0142%8h612.09−0.044%$19K$176K10xas long as short
Phoenix AMD+0.0143%1h611.66−0.114%$2K$90K10xas long as short
Aevo AMD-PERP+0.0152%1h612.82+0.075%$11K10xas long as short
Deribit AMD_USDC-PERPETUAL+0.0191%1h612.33−0.005%$76K$151K10xas long as short
Variational Omni AMD+0.0206%8h612.24−0.020%$2.3M$3.5Mas long as short
BloFin AMD-USDT+0.0282%8h612.89+0.087%$6K$550K20xas long as short
Extended AMD_24_5-USD+0.0296%1h612.73+0.061%$458K$3.1M10xas long as short
Binance AMDUSDT+0.0297%8h612.84+0.078%$71.9M$204.0M25xas long as short