Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.006%
Price spread now: Lighter RH against GRVT+0.063%109s7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.176% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 7 days−0.119%−$12 · spread now +0.063%, 7d avg −0.060%
=Together, before fees−0.094%+ Points / potential airdropGRVT: Active · Lighter RH: Points live · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.123% dearer against GRVT than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.060%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AMZN_USDT_Perp | 259.71 | 0 | get 0.0000% / 8h | 3h 45m | $14K | $1.8M | 10x |
| Short | Lighter RH AMZN | 259.87 | 0.0032 | get 0.0004% / 1h | 45m 39s | $720K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: +0.063% → −0.060%
- $12.27
- Slippage, 4 orders
- −$8.62
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $1.37
- Costs to cover
- 0.176%
- Break-even
- 5.6 days
Slippage from GRVT: live order book, 3 min ago; Lighter RH: live order book, 2 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 GRVT live order book, 3 min ago | 1.15 bp | 6.5 bp −$6 | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 0.58 bp | 0.6 bp −$1 | 7.2 bp −$72 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMZNUSDT | 0.0000% | 8h | 259.67 | −0.015% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.62 | −0.033% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.90 | +0.075% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perplong | 0.0000% | 8h | 259.71 | long leg | $14K | $1.8M | 10x | |
| Hotstuff AMZN-PERP | +0.0016% | 1h | 259.70 | −0.002% | $33K | — | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0024% | 8h | 259.89 | +0.071% | $2.9M | $4.7M | 20x | as long as short |
| Lighter RH AMZNshort | +0.0032% | 1h | 259.87 | +0.063% | $720K | $1.5M | 10x | |
| QFEX AMZN-USD | +0.0040% | 1h | 259.78 | +0.028% | $1.4M | $3.8M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.60 | −0.041% | $917K | $2.4M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.65 | −0.022% | $197K | $240K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.62 | −0.033% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.62 | −0.033% | $323K | $277K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.79 | +0.032% | $669 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.65 | −0.022% | $1.3M | $1.2M | 10x | as long as short |
| Variational Omni AMZN | +0.0088% | 8h | 259.87 | +0.063% | $1.8M | $1.1M | — | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0097% | 1h | 259.67 | −0.014% | $28K | $175K | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.64 | −0.025% | $1.5M | $504K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.50 | −0.079% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.78 | +0.028% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.71 | 0.000% | $14K | $510 | 10x | as long as short |
| Binance AMZNUSDT | +0.0110% | 8h | 259.89 | +0.071% | $16.1M | $29.7M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0112% | 1h | 259.82 | +0.043% | $498K | $2.7M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0113% | 1h | 259.75 | +0.017% | $29.8M | $11.2M | 20x | as long as short |
| Nado AMZN-PERP | +0.0126% | 1h | 259.69 | −0.005% | $414K | $112K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0177% | 8h | 259.97 | +0.102% | $3.7M | $3.2M | 100x | as long as short |
| Lighter AMZN | +0.0184% | 1h | 259.84 | +0.052% | $803K | $1.0M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.36 | −0.133% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0229% | 8h | 259.77 | +0.025% | $178K | $205K | 20x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.69 | −0.006% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0683% | 4h | 259.63 | −0.029% | $28K | $249K | 10x | as long as short |
GRVT AMZN_USDT_Perp
Lighter RH AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
OKX AMZN-USDT-SWAP
Coinbase International AMZN-PERP-INTX
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Variational Omni AMZN
Deribit AMZN_USDC-PERPETUAL
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Binance AMZNUSDT
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Bybit AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
Phoenix AMZN
edgeX AMZNUSDC