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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0116%/8h= −12.7% APRnext payment $0.15 per $10,000 · paid last 24h −0.046%
Price spread now: ApeX Omni against Lighter−0.073%48s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.073%, 7d avg −0.036%
Together, before fees+0.086%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.037% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.036%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.490.0216pay 0.0027% / 1h2m 41s$826K$1.1M20x
ShortApeX Omni AMZNUSDT259.300.0100get 0.0013% / 1h2m 41s$93K$129K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
−$24.36
Price spread: −0.073% → −0.036%
−$3.67
Slippage, 4 orders
−$54.31
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$92.34
Costs to cover
0.643%
Break-even
never at this rate
Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, 3 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 Lighter live order book, 3 min ago0.06 bp0.6 bp −$11.3 bp −$1378.2 bp −$7,822doesn't fit
Sell ApeX Omni live order book, 3 min ago2.70 bp21.0 bp −$21562.2 bp −$5,622doesn'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%8h259.29−0.075%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.27−0.084%$766K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.32−0.065%$28K$173K10xas long as short
GRVT AMZN_USDT_Perp+0.0027%8h259.46−0.012%$12K$1.8M10xas long as short
Lighter RH AMZN+0.0032%1h259.51+0.008%$718K$1.5M10xas long as short
Hotstuff AMZN-PERP+0.0032%1h259.45−0.015%$33K20xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.29−0.077%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.32−0.065%$310K$282K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.45−0.015%$628$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.32−0.065%$1.3M$1.2M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMZN-USD+0.0055%1h259.42−0.027%$1.4M$4.3M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.27−0.084%$940K$2.4M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.24−0.096%$1.5M$600K20xas long as short
ApeX Omni AMZNUSDTshort+0.0100%1h259.30−0.073%$93K$129K50x
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.47−0.007%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.43−0.023%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0113%8h259.50+0.004%$2.9M$4.4M20xas long as short
tradeXYZ xyz:AMZN+0.0127%1h259.45−0.015%$29.2M$10.8M20xas long as short
Nado AMZN-PERP+0.0184%1h259.30−0.072%$414K$122K20xas long as short
Bitget AMZNUSDT+0.0185%8h259.490.000%$4.8M$3.8M100xas long as short
Lighter AMZNlong+0.0216%1h259.49long leg$826K$1.1M20x
Injective AMZN/USDC PERP+0.0220%1h259.72+0.089%$75K$27K30xas long as short
Bybit AMZNUSDT+0.0227%8h259.490.000%$3.7M$3.2M100xas long as short
Arcus AMZN-USD+0.0254%1h259.36−0.050%$197K$241K10xas long as short
Variational Omni AMZN+0.0255%8h259.490.000%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0263%8h259.48−0.003%$16.1M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0264%1h259.42−0.026%$498K$2.7M10xas long as short
edgeX AMZNUSDC+0.0316%4h259.35−0.053%$28K$248K10xas long as short
Phoenix AMZN+0.0339%1h259.38−0.042%$5K$98K20xas long as short
BloFin AMZN-USDT+0.0383%8h259.40−0.034%$177K$214K20xas long as short