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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.033%
Price spread now: Lighter RH against Binance−0.014%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$170.170% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.014%, 7d avg −0.048%
Together, before fees−0.056%+ Points / potential airdropLighter RH: Points live · farm board−$6 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 0.034% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AMZNUSDT260.030.0030pay 0.0030% / 8h36m 19s$16.0M$29.5M20x
ShortLighter RH AMZN259.990.0032get 0.0004% / 1h36m 19s$733K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Binance. 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
$0.48
Price spread: −0.014% → −0.048%
$3.41
Slippage, 4 orders
−$6.96
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$13.07
Costs to cover
0.170%
Break-even
198.1 days
Slippage from Binance: live order book, 5 min ago; Lighter RH: live order book, 1 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 Binance live order book, 5 min ago0.19 bp6.1 bp −$610.5 bp −$10541.4 bp −$4,145doesn't fit
Sell Lighter RH live order book, 1 min ago1.73 bp3.2 bp −$37.4 bp −$74doesn'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 AMZNUSDT0.0000%8h259.98−0.017%$202K$207K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.01−0.007%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.97−0.022%$765K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.04+0.005%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h260.06+0.015%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.06+0.011%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.78−0.095%$29K$172K10xas long as short
Binance AMZNUSDTlong+0.0030%8h260.03long leg$16.0M$29.5M20x
Lighter RH AMZNshort+0.0032%1h259.99−0.014%$733K$1.6M10x
Extended AMZN_24_5-USD+0.0032%1h259.97−0.023%$500K$3.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.87−0.060%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.84−0.072%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.85−0.068%$321K$292K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.91−0.045%$684$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.68−0.134%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0050%1h259.91−0.045%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0064%1h259.54−0.187%$915K$2.3M10xas long as short
tradeXYZ xyz:AMZN+0.0096%1h259.87−0.060%$30.0M$11.2M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.78−0.095%$1.5M$407K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.76−0.103%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.99−0.014%$1K$32010xas long as short
Hotstuff AMZN-PERP+0.0104%1h259.82−0.080%$33K20xas long as short
Aevo AMZN-PERP+0.0104%1h259.94−0.035%$14K$51010xas long as short
BloFin AMZN-USDT+0.0114%8h260.02−0.003%$177K$300K20xas long as short
Nado AMZN-PERP+0.0175%1h259.83−0.077%$415K$113K20xas long as short
Bybit AMZNUSDT+0.0187%8h260.13+0.040%$4.0M$3.3M100xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.22+0.074%$75K$27K30xas long as short
Lighter AMZN+0.0232%1h259.96−0.025%$750K$1.3M20xas long as short
Phoenix AMZN+0.0277%1h259.93−0.037%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0309%4h259.98−0.020%$28K$249K10xas long as short