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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter RH against Coinbase International+0.189%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$250.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.139%−$14 on $10k
Price spread, last 3 days (all we have)−0.200%−$20 · spread now +0.189%, 7d avg +0.091%
Together, before fees−0.339%+ Points / potential airdropLighter RH: Points live · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.099% dearer against Coinbase International than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of +0.091%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.080.0072pay 0.0009% / 1h51m 51s$939K$2.7M10x
ShortLighter RH AMZN259.570.0032get 0.0004% / 1h51m 51s$718K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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
−$8.4
Price spread: +0.189% → +0.091%
$9.86
Slippage, 4 orders
−$14.97
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$23.51
Costs to cover
0.250%
Break-even
never at this rate
Slippage from Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago4.24 bp9.7 bp −$1012.3 bp −$123doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago2.50 bp2.5 bp −$37.8 bp −$78doesn'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%8h259.31+0.087%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.29+0.081%$766K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.36+0.108%$27K$178K10xas long as short
Lighter RH AMZNshort+0.0032%1h259.57+0.189%$718K$1.5M10x
Vest AMZN-USD-PERP+0.0046%1h259.29+0.081%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.35+0.104%$305K$279K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.45+0.143%$614$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.00−0.031%$1.3M$1.3M10xas long as short
QFEX AMZN-USD+0.0055%1h259.43+0.135%$1.4M$4.5M10xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0072%1h259.08long leg$939K$2.7M10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit AMZNUSDT+0.0083%8h259.56+0.185%$3.7M$3.2M100xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.28+0.077%$1.5M$606K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.21+0.050%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.49+0.158%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.38+0.117%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0135%8h259.56+0.185%$2.9M$4.4M20xas long as short
Hotstuff AMZN-PERP+0.0144%1h259.38+0.116%$33K20xas long as short
tradeXYZ xyz:AMZN+0.0203%1h259.43+0.135%$28.6M$10.8M20xas long as short
Nado AMZN-PERP+0.0218%1h259.32+0.091%$414K$123K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.21+0.050%$75K$27K30xas long as short
edgeX AMZNUSDC+0.0220%4h259.43+0.137%$28K$247K10xas long as short
Arcus AMZN-USD+0.0254%1h259.31+0.089%$197K$242K10xas long as short
Lighter AMZN+0.0256%1h259.54+0.177%$832K$1.1M20xas long as short
Variational Omni AMZN+0.0267%8h259.50+0.164%$1.8M$1.4Mas long as short
Extended AMZN_24_5-USD+0.0272%1h259.45+0.145%$497K$2.6M10xas long as short
GRVT AMZN_USDT_Perp+0.0273%8h259.45+0.143%$9K$1.8M10xas long as short
Binance AMZNUSDT+0.0274%8h259.53+0.174%$16.2M$30.8M20xas long as short
Bitget AMZNUSDT+0.0289%8h259.33+0.096%$4.8M$3.9M100xas long as short
Phoenix AMZN+0.0339%1h259.43+0.135%$5K$98K20xas long as short
BloFin AMZN-USDT+0.0394%8h259.36+0.108%$177K$215K20xas long as short