AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0364%/8h= +39.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.057%

Price spread now: Lighter against Deribit+0.096%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$150.148% of the position

Long on Deribit Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.096%, 7d avg +0.044%

Together, before fees−0.125%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.052% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.044%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.009% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. 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	Deribit AMZN_USDC-PERPETUAL	259.68	−0.0212	get 0.0026% / 1h	16m 12s	$29K	$172K	10x
Short	Lighter AMZN	259.93	0.0152	get 0.0019% / 1h	16m 12s	$749K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. 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 DeribitbpFee LighterbpOrdersPrice spread, now +0.096%Rate

Funding earned: $76.42
Price spread: +0.096% → +0.044%: $5.19
Slippage, 4 orders: −$7.81
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $66.8
Costs to cover: 0.148%
Break-even: 0.9 days

Slippage from Deribit: live order book, 22 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 Deribit live order book, 22 min ago	0.19 bp	10.2 bp −$10	13.3 bp −$133	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.37 bp	0.4 bp $0	2.8 bp −$28	79.2 bp −$7,915	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-PERPETUALlong	−0.0212%	1h	259.68	long leg	$29K	$172K	10x
Aster AMZNUSDT	0.0000%	8h	259.89	+0.080%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.97	+0.112%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.77	+0.035%	$765K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.03	+0.135%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.98	+0.114%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.97	+0.112%	$10K	$1.8M	10x	as long as short
edgeX AMZNUSDC	+0.0002%	4h	259.94	+0.100%	$28K	$249K	10x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	259.88	+0.078%	$498K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0020%	8h	259.94	+0.101%	$16.0M	$29.4M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMZN	+0.0032%	1h	259.94	+0.100%	$739K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.85	+0.065%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.86	+0.069%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.83	+0.058%	$30.0M	$11.2M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.81	+0.050%	$321K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.90	+0.085%	$690	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.76	+0.031%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.91	+0.089%	$1.4M	$3.6M	10x	as long as short
Hotstuff AMZN-PERP	+0.0064%	1h	259.85	+0.065%	$33K	—	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.88	+0.077%	$916K	$2.3M	10x	as long as short
BloFin AMZN-USDT	+0.0083%	8h	260.00	+0.123%	$178K	$301K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.71	+0.012%	$1.5M	$395K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.81	+0.050%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.92	+0.092%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.86	+0.068%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0115%	1h	259.85	+0.066%	$414K	$114K	20x	as long as short
Lighter AMZNshort	+0.0152%	1h	259.93	+0.096%	$749K	$1.3M	20x
Bybit AMZNUSDT	+0.0182%	8h	260.05	+0.142%	$4.0M	$3.3M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.68	0.000%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.99	+0.119%	$5K	$78K	20x	as long as short