Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.002%

Price spread now: Lighter against BloFin+0.066%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

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

costs, in and out, $10k−$150.151% of the position

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.066%, 7d avg −0.013%

Together, before fees−0.272%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.078% dearer against BloFin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.013%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.124% in total) that is about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AMZN-USDT	259.36	0.0394	pay 0.0394% / 8h	7h 51m	$177K	$215K	20x
Short	Lighter AMZN	259.53	0.0248	get 0.0031% / 1h	51m 07s	$832K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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 BloFinbpFee LighterbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$30.74
Price spread: +0.066% → −0.013%: $7.83
Slippage, 4 orders: −$3.1
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$38.01
Costs to cover: 0.151%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; Lighter: live order book, 5 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 BloFin live order book, 14 min ago	0.19 bp	6.6 bp −$7	9.0 bp −$90	20.7 bp −$2,069	doesn't fit
Sell Lighter live order book, 5 min ago	0.42 bp	0.8 bp −$1	2.7 bp −$27	87.4 bp −$8,736	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	259.25	−0.042%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.28	−0.031%	$766K	$2.6M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.55	+0.073%	$718K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.27	−0.035%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.35	−0.004%	$305K	$279K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.45	+0.035%	$614	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.00	−0.139%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.43	+0.027%	$1.4M	$4.5M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0058%	1h	259.41	+0.019%	$27K	$178K	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.08	−0.108%	$939K	$2.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AMZN_USDT_Perp	+0.0073%	8h	259.44	+0.033%	$9K	$1.8M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.28	−0.031%	$1.5M	$606K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.23	−0.050%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.50	+0.054%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.41	+0.019%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0107%	8h	259.51	+0.058%	$3.7M	$3.2M	100x	as long as short
OKX AMZN-USDT-SWAP	+0.0135%	8h	259.60	+0.093%	$2.9M	$4.4M	20x	as long as short
Hotstuff AMZN-PERP	+0.0144%	1h	259.42	+0.023%	$33K	—	20x	as long as short
tradeXYZ xyz:AMZN	+0.0202%	1h	259.42	+0.023%	$28.6M	$10.8M	20x	as long as short
Nado AMZN-PERP	+0.0214%	1h	259.28	−0.033%	$414K	$123K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.70	+0.131%	$75K	$27K	30x	as long as short
Lighter AMZNshort	+0.0248%	1h	259.53	+0.066%	$832K	$1.1M	20x
Arcus AMZN-USD	+0.0254%	1h	259.34	−0.008%	$197K	$242K	10x	as long as short
Variational Omni AMZN	+0.0268%	8h	259.52	+0.062%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.47	+0.044%	$497K	$2.6M	10x	as long as short
Binance AMZNUSDT	+0.0274%	8h	259.50	+0.054%	$16.2M	$30.8M	20x	as long as short
Bitget AMZNUSDT	+0.0289%	8h	259.35	−0.004%	$4.8M	$3.9M	100x	as long as short
Phoenix AMZN	+0.0339%	1h	259.48	+0.046%	$5K	$98K	20x	as long as short
BloFin AMZN-USDTlong	+0.0394%	8h	259.36	long leg	$177K	$215K	20x
edgeX AMZNUSDC	+0.0470%	4h	259.40	+0.015%	$28K	$248K	10x	as long as short