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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.047%
Price spread now: Lighter against ApeX Omni+0.070%78s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.070%, 7d avg +0.037%
Together, before fees−0.074%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.032% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AMZNUSDT259.890.0100pay 0.0013% / 1h1m 51s$93K$129K50x
ShortLighter AMZN260.070.0152get 0.0019% / 1h1m 51s$747K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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
$10.92
Price spread: +0.070% → +0.037%
$3.24
Slippage, 4 orders
−$59.43
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$55.27
Costs to cover
0.694%
Break-even
42.4 days
Slippage from ApeX Omni: live order book, 44 min ago; Lighter: live order book, 4 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 ApeX Omni live order book, 44 min ago2.51 bp33.5 bp −$33423.6 bp −$4,236doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.42 bp1.1 bp −$12.1 bp −$2170.3 bp −$7,028doesn't fit

AMZN on 30 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
Deribit AMZN_USDC-PERPETUAL−0.0058%1h259.78−0.042%$28K$176K10xas long as short
Aster AMZNUSDT0.0000%8h260.03+0.052%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.95+0.023%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.83−0.023%$766K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h260.09+0.077%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h260.12+0.087%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.08+0.071%$10K$1.8M10xas long as short
QFEX AMZN-USD+0.0020%1h259.98+0.035%$1.4M$3.6M10xas long as short
Binance AMZNUSDT+0.0020%8h259.98+0.035%$15.9M$29.9M20xas long as short
Extended AMZN_24_5-USD+0.0024%1h259.90+0.005%$498K$3.1M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTX+0.0024%1h259.73−0.062%$914K$2.3M10xas long as short
Lighter RH AMZN+0.0032%1h260.07+0.069%$726K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.94+0.019%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.93+0.015%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.890.000%$321K$285K10xas long as short
SoDEX AMZN-USD+0.0050%1h260.00+0.042%$675$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.79−0.038%$1.3M$1.2M10xas long as short
BloFin AMZN-USDT+0.0081%8h260.01+0.046%$176K$205K20xas long as short
Bybit AMZNUSDT+0.0099%8h260.13+0.092%$3.7M$3.2M100xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.86−0.012%$1.5M$466K20xas long as short
ApeX Omni AMZNUSDTlong+0.0100%1h259.89long leg$93K$129K50x
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.04+0.058%$1K$32010xas long as short
Nado AMZN-PERP+0.0102%1h259.91+0.007%$414K$113K20xas long as short
Aevo AMZN-PERP+0.0104%1h259.98+0.035%$14K$51010xas long as short
Hotstuff AMZN-PERP+0.0128%1h259.97+0.031%$33K20xas long as short
tradeXYZ xyz:AMZN+0.0129%1h259.94+0.019%$30.0M$11.3M20xas long as short
Lighter AMZNshort+0.0152%1h260.07+0.070%$747K$1.3M20x
Injective AMZN/USDC PERP+0.0220%1h260.26+0.142%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h260.08+0.073%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0979%4h260.07+0.069%$28K$249K10xas long as short