Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0129%/8h= −14.1% APRpaid last 24h −0.073%

Price spread now: Lighter RH against Bybit−0.031%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$300.295% of the position

Long on Bybit Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.031%, 7d avg −0.053%

Together, before fees−0.041%+ Points / potential airdropLighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.022% dearer against Bybit than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.053%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.070% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMZNUSDT	260.06	0.0161	pay 0.0161% / 8h	3h 19m	$3.7M	$3.2M	100x
Short	Lighter RH AMZN	259.98	0.0032	get 0.0004% / 1h	19m 03s	$731K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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 BybitbpFee Lighter RHbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$27.11
Price spread: −0.031% → −0.053%: $2.23
Slippage, 4 orders: −$18.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$54.38
Costs to cover: 0.295%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Lighter RH: live order book, 4 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 Bybit live order book, 3 min ago	1.73 bp	11.7 bp −$12	19.5 bp −$195	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.92 bp	1.9 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
Deribit AMZN_USDC-PERPETUAL	−0.0327%	1h	259.75	−0.119%	$28K	$175K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	260.00	−0.021%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.99	−0.027%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.82	−0.092%	$765K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.89	−0.065%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.94	−0.046%	$9K	$1.9M	10x	as long as short
Hotstuff AMZN-PERP	+0.0016%	1h	259.90	−0.062%	$33K	—	20x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	259.98	−0.031%	$731K	$1.6M	10x
QFEX AMZN-USD	+0.0040%	1h	259.88	−0.069%	$1.4M	$3.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.72	−0.131%	$917K	$2.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.80	−0.100%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.86	−0.077%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.79	−0.104%	$322K	$278K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.94	−0.046%	$684	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.72	−0.131%	$1.3M	$1.2M	10x	as long as short
Variational Omni AMZN	+0.0060%	8h	259.98	−0.033%	$1.8M	$1.1M	—	as long as short
Nado AMZN-PERP	+0.0068%	1h	259.90	−0.061%	$415K	$112K	20x	as long as short
tradeXYZ xyz:AMZN	+0.0072%	1h	259.94	−0.046%	$29.9M	$11.3M	20x	as long as short
Binance AMZNUSDT	+0.0079%	8h	259.99	−0.027%	$16.0M	$29.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0080%	1h	259.92	−0.054%	$501K	$3.0M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.76	−0.115%	$1.5M	$506K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.86	−0.077%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.95	−0.042%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.90	−0.063%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0128%	1h	260.01	−0.018%	$802K	$1.0M	20x	as long as short
Bybit AMZNUSDTlong	+0.0161%	8h	260.06	long leg	$3.7M	$3.2M	100x
BloFin AMZN-USDT	+0.0199%	8h	259.93	−0.050%	$178K	$206K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.64	−0.162%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.92	−0.054%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0623%	4h	259.91	−0.058%	$28K	$249K	10x	as long as short