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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Aster+0.061%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$820.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.061%, 7d avg −0.016%
Together, before fees+0.001%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board$0 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 Lighter RH is 0.077% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AMZNUSDT259.590get 0.0000% / 8h4h 18m$203K$211K20x
ShortLighter RH AMZN259.750.0032get 0.0004% / 1h18m 06s$723K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Aster. 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
$6.72
Price spread: +0.061% → −0.016%
$7.7
Slippage, 4 orders
−$73.62
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$67.2
Costs to cover
0.816%
Break-even
77.0 days
Slippage from Aster: live order book, 38 min ago; Lighter RH: 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 Aster live order book, 38 min ago3.27 bp44.5 bp −$45147.3 bp −$1,473doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.54 bp1.6 bp −$25.5 bp −$55doesn't fitdoesn'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
Aster AMZNUSDTlong0.0000%8h259.59long leg$203K$211K20x
Gate AMZN_USDT0.0000%8h259.58−0.005%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.78+0.072%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.66+0.028%$16K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.56−0.012%$28K$174K10xas long as short
Lighter RH AMZNshort+0.0032%1h259.75+0.061%$723K$1.5M10x
Coinbase International AMZN-PERP-INTX+0.0032%1h259.60+0.003%$917K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.66+0.026%$1.4M$3.8M10xas long as short
Arcus AMZN-USD+0.0040%1h259.58−0.005%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.58−0.005%$104K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USD+0.0050%1h259.56−0.012%$323K$277K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.67+0.030%$661$5K10xas long as short
OKX AMZN-USDT-SWAP+0.0050%8h259.76+0.065%$2.9M$4.7M20xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.40−0.074%$1.3M$1.2M10xas long as short
Hotstuff AMZN-PERP+0.0072%1h259.66+0.026%$33K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.62+0.011%$1.5M$514K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.52−0.028%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.67+0.030%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.64+0.019%$14K$51010xas long as short
Variational Omni AMZN+0.0119%8h259.70+0.044%$1.8M$1.1Mas long as short
tradeXYZ xyz:AMZN+0.0128%1h259.65+0.022%$29.8M$11.0M20xas long as short
Binance AMZNUSDT+0.0133%8h259.74+0.056%$16.1M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0136%1h259.66+0.025%$498K$2.7M10xas long as short
Bybit AMZNUSDT+0.0142%8h259.77+0.069%$3.7M$3.2M100xas long as short
Nado AMZN-PERP+0.0150%1h259.59−0.001%$415K$118K20xas long as short
Phoenix AMZN+0.0185%1h259.69+0.038%$5K$77K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.41−0.070%$75K$27K30xas long as short
Lighter AMZN+0.0224%1h259.73+0.054%$809K$1.1M20xas long as short
BloFin AMZN-USDT+0.0255%8h259.74+0.057%$180K$204K20xas long as short
edgeX AMZNUSDC+0.0743%4h259.66+0.025%$28K$248K10xas long as short