Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Lighter against Polymarket Perps+0.024%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$150.151% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days+0.278%+$28 · spread now +0.024%, 7d avg +0.077%
=Together, before fees+0.313%+ Points / potential airdropLighter: Season 3 · farm board+$31 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 0.052% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AMD-USD | 613.56 | 0.0050 | pay 0.0006% / 1h | 35m 23s | $395K | $1.6M | 10x |
| Short | Lighter AMD | 613.71 | 0.0032 | get 0.0004% / 1h | 35m 23s | $521K | $2.6M | 10x |
Polymarket Perps AMD-USD
Lighter AMDFunding 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 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: +0.024% → +0.077%
- −$5.23
- Slippage, 4 orders
- −$7.11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.11
- Costs to cover
- 0.151%
- Break-even
- never at this rate
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 | 2.20 bp | 6.2 bp −$6 | 6.4 bp −$64 | 8.7 bp −$871 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.89 bp | 1.0 bp −$1 | 3.6 bp −$36 | 29.1 bp −$2,908 | 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 | −0.0483% | 4h | 613.94 | +0.062% | $72K | $1.7M | 10x | as long as short |
| Bitget AMDUSDT | −0.0271% | 8h | 614.22 | +0.108% | $10.4M | $17.4M | 20x | as long as short |
| Injective AMD/USDC PERP | −0.0220% | 1h | 552.18 | −10.004% | $2K | $59K | 12x | as long as short |
| Aster AMDUSDT | 0.0000% | 8h | 613.64 | +0.012% | $70K | $416K | 50x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 614.08 | +0.085% | $4.5M | $14.4M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 614.09 | +0.086% | $1K | $8.0M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 613.24 | −0.052% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 614.32 | +0.124% | $101K | $637K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 614.42 | +0.140% | $1.7M | $465K | 10x | as long as short |
| Lighter AMDshort | +0.0032% | 1h | 613.71 | +0.024% | $521K | $2.6M | 10x |
edgeX AMDUSDC
Bitget AMDUSDT
Injective AMD/USDC PERP
Aster AMDUSDT
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMD | +0.0032% | 1h | 613.64 | +0.013% | $799K | $4.7M | 10x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 614.02 | +0.075% | $129K | $284K | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 614.73 | +0.191% | — | $924K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 613.47 | −0.015% | $22.1M | $96.1M | 10x | as long as short |
| Polymarket Perps AMD-USDlong | +0.0050% | 1h | 613.56 | long leg | $395K | $1.6M | 10x | |
| SoDEX AMD-USD | +0.0050% | 1h | 614.06 | +0.081% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 613.48 | −0.013% | $1.4M | $5.4M | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0066% | 8h | 613.93 | +0.060% | $6.6M | $29.6M | 25x | as long as short |
| QFEX AMD-USD | +0.0069% | 1h | 613.78 | +0.036% | $2.1M | $11.5M | 10x | as long as short |
| Nado AMD-PERP | +0.0089% | 1h | 613.45 | −0.018% | $255K | $241K | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 613.57 | +0.002% | $1.9M | $299K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 613.68 | +0.020% | $79K | $255K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 613.64 | +0.013% | $367 | $6K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0136% | 1h | 613.57 | +0.002% | $312K | $1.9M | 10x | as long as short |
| Aevo AMD-PERP | +0.0144% | 1h | 613.93 | +0.060% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0157% | 1h | 613.69 | +0.021% | $2K | $90K | 10x | as long as short |
| GRVT AMD_USDT_Perp | +0.0169% | 8h | 614.16 | +0.097% | $19K | $180K | 10x | as long as short |
| Variational Omni AMD | +0.0176% | 8h | 613.85 | +0.047% | $2.0M | $3.8M | — | as long as short |
| Extended AMD_24_5-USD | +0.0264% | 1h | 613.68 | +0.019% | $458K | $3.4M | 10x | as long as short |
| Binance AMDUSDT | +0.0265% | 8h | 613.81 | +0.041% | $72.1M | $204.7M | 25x | as long as short |
| BloFin AMD-USDT | +0.0292% | 8h | 614.11 | +0.090% | $6K | $554K | 20x | as long as short |
Lighter RH AMD
Arcus AMD-USD
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
SoDEX AMD-USD
Ondo Perps AMD-USD.P
OKX AMD-USDT-SWAP
QFEX AMD-USD
Nado AMD-PERP
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
Coinbase International AMD-PERP-INTX
Aevo AMD-PERP
Phoenix AMD
GRVT AMD_USDT_Perp
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT