Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.039%
Price spread now: Lighter RH against Arcus+0.085%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 4 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.085%, 7d avg +0.050%
=Together, before fees−0.084%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.035% dearer against Arcus than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMZN-USD | 259.65 | 0.0040 | pay 0.0005% / 1h | 45m 38s | $197K | $240K | 10x |
| Short | Lighter RH AMZN | 259.87 | 0.0032 | get 0.0004% / 1h | 45m 38s | $720K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Arcus. 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
- −$1.74
- Price spread: +0.085% → +0.050%
- $3.45
- Slippage, 4 orders
- −$18.51
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$21.29
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 8 min ago; Lighter RH: live order book, 2 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 Arcus live order book, 8 min ago | 4.43 bp | 9.3 bp −$9 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.58 bp | 0.6 bp −$1 | 7.2 bp −$72 | doesn't fit | doesn't fit |
AMZN on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMZNUSDT | 0.0000% | 8h | 259.67 | +0.007% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.62 | −0.012% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.90 | +0.096% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.71 | +0.022% | $14K | $1.8M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0016% | 1h | 259.70 | +0.019% | $33K | — | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0024% | 8h | 259.89 | +0.092% | $2.9M | $4.7M | 20x | as long as short |
| Lighter RH AMZNshort | +0.0032% | 1h | 259.87 | +0.085% | $720K | $1.5M | 10x | |
| QFEX AMZN-USD | +0.0040% | 1h | 259.78 | +0.050% | $1.4M | $3.8M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.60 | −0.019% | $917K | $2.4M | 10x | as long as short |
| Arcus AMZN-USDlong | +0.0040% | 1h | 259.65 | long leg | $197K | $240K | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.62 | −0.012% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.62 | −0.012% | $323K | $277K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.79 | +0.054% | $669 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.65 | 0.000% | $1.3M | $1.2M | 10x | as long as short |
| Variational Omni AMZN | +0.0088% | 8h | 259.87 | +0.085% | $1.8M | $1.1M | — | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0097% | 1h | 259.67 | +0.008% | $28K | $175K | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.64 | −0.004% | $1.5M | $504K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.50 | −0.058% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.78 | +0.050% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.71 | +0.022% | $14K | $510 | 10x | as long as short |
| Binance AMZNUSDT | +0.0110% | 8h | 259.89 | +0.092% | $16.1M | $29.7M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0112% | 1h | 259.82 | +0.064% | $498K | $2.7M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0113% | 1h | 259.75 | +0.039% | $29.8M | $11.2M | 20x | as long as short |
| Nado AMZN-PERP | +0.0126% | 1h | 259.69 | +0.017% | $414K | $112K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0177% | 8h | 259.97 | +0.123% | $3.7M | $3.2M | 100x | as long as short |
| Lighter AMZN | +0.0184% | 1h | 259.84 | +0.074% | $803K | $1.0M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.36 | −0.112% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0229% | 8h | 259.77 | +0.046% | $178K | $205K | 20x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.69 | +0.015% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0683% | 4h | 259.63 | −0.007% | $28K | $249K | 10x | as long as short |
Lighter RH AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
OKX AMZN-USDT-SWAP
Coinbase International AMZN-PERP-INTX
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Variational Omni AMZN
Deribit AMZN_USDC-PERPETUAL
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Binance AMZNUSDT
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Bybit AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
Phoenix AMZN
edgeX AMZNUSDC