Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0219%/8h= −24.0% APRpaid last 24h −0.005%

Price spread now: Lighter RH against Bitget−0.027%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.216% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.027%, 7d avg −0.033%

Together, before fees−0.065%+ Points / potential airdropLighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AMZNUSDT	258.98	0.0275	pay 0.0275% / 8h	2h 01m	$4.8M	$4.1M	100x
Short	Lighter RH AMZN	258.91	0.0056	get 0.0007% / 1h	1m 22s	$715K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee Lighter RHbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$45.99
Price spread: −0.027% → −0.033%: $0.58
Slippage, 4 orders: −$9.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$67.06
Costs to cover: 0.216%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 2 min ago	1.35 bp	8.6 bp −$9	12.2 bp −$122	42.3 bp −$4,229	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.54 bp	1.5 bp −$2	7.5 bp −$75	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
Injective AMZN/USDC PERP	−0.0077%	1h	258.65	−0.127%	$74K	$27K	30x	as long as short
Aster AMZNUSDT	0.0000%	8h	258.88	−0.038%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.75	−0.089%	$758K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	258.75	−0.089%	$27K	$275K	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	258.86	−0.046%	$941K	$2.7M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.74	−0.093%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.80	−0.070%	$304K	$311K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.94	−0.015%	$635	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.61	−0.143%	$1.3M	$1.3M	10x	as long as short
Lighter RH AMZNshort	+0.0056%	1h	258.91	−0.027%	$715K	$1.7M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0068%	1h	258.91	−0.027%	$1.4M	$4.4M	10x	as long as short
Hotstuff AMZN-PERP	+0.0088%	1h	258.92	−0.023%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.76	−0.085%	$1.5M	$653K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.74	−0.093%	$92K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.96	−0.008%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.91	−0.027%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0120%	8h	258.98	0.000%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0126%	8h	259.00	+0.008%	$12K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0168%	8h	258.98	−0.002%	$1.8M	$1.6M	—	as long as short
tradeXYZ xyz:AMZN	+0.0182%	1h	258.88	−0.039%	$28.2M	$11.3M	20x	as long as short
Extended AMZN_24_5-USD	+0.0184%	1h	258.95	−0.011%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0188%	8h	258.98	+0.002%	$16.1M	$31.7M	20x	as long as short
Nado AMZN-PERP	+0.0242%	1h	258.65	−0.128%	$414K	$123K	20x	as long as short
Bitget AMZNUSDTlong	+0.0275%	8h	258.98	long leg	$4.8M	$4.1M	100x
Arcus AMZN-USD	+0.0302%	1h	258.75	−0.089%	$196K	$239K	10x	as long as short
BloFin AMZN-USDT	+0.0306%	8h	258.95	−0.012%	$179K	$189K	20x	as long as short
Bybit AMZNUSDT	+0.0306%	8h	259.06	+0.031%	$3.7M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.03	+0.019%	$5K	$118K	20x	as long as short
Lighter AMZN	+0.0344%	1h	258.94	−0.017%	$832K	$1.2M	20x	as long as short
edgeX AMZNUSDC	+0.0949%	4h	258.96	−0.008%	$28K	$248K	10x	as long as short