Funding you earn now, next payment 04:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.027%
Price spread now: Arcus against Lighter−0.062%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.209% of the position
Funding, last 4 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.062%, 7d avg −0.060%
=Together, before fees−0.028%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.008% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 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 | Lighter AMZN | 259.75 | 0.0224 | pay 0.0028% / 1h | 16m 47s | $809K | $1.1M | 20x |
| Short | Arcus AMZN-USD | 259.59 | 0.0040 | get 0.0005% / 1h | 16m 47s | $197K | $240K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- −$38.58
- Price spread: −0.062% → −0.060%
- −$0.13
- Slippage, 4 orders
- −$16.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$59.65
- Costs to cover
- 0.209%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Arcus: live order book, 42 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 Lighter live order book, 4 min ago | 0.04 bp | 0.5 bp $0 | 0.9 bp −$9 | 66.3 bp −$6,634 | doesn't fit |
| Sell Arcus live order book, 42 min ago | 3.66 bp | 9.9 bp −$10 | 12.4 bp −$124 | 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 | 259.61 | −0.054% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.59 | −0.062% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.78 | +0.012% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.70 | −0.019% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.57 | −0.069% | $28K | $174K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.77 | +0.008% | $723K | $1.5M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0032% | 1h | 259.60 | −0.058% | $917K | $2.4M | 10x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.66 | −0.035% | $1.4M | $3.8M | 10x | as long as short |
| Arcus AMZN-USDshort | +0.0040% | 1h | 259.59 | −0.062% | $197K | $240K | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.59 | −0.062% | — | $104K | 25x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AMZN-USDT-SWAP | +0.0049% | 8h | 259.76 | +0.004% | $2.9M | $4.7M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.56 | −0.073% | $323K | $277K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.69 | −0.023% | $667 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.52 | −0.089% | $1.3M | $1.2M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.64 | −0.042% | $1.5M | $512K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.57 | −0.069% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.67 | −0.031% | $1K | $320 | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0104% | 1h | 259.65 | −0.038% | $33K | — | 20x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.66 | −0.035% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0119% | 8h | 259.70 | −0.017% | $1.8M | $1.1M | — | as long as short |
| tradeXYZ xyz:AMZN | +0.0126% | 1h | 259.66 | −0.035% | $29.8M | $11.0M | 20x | as long as short |
| Binance AMZNUSDT | +0.0133% | 8h | 259.76 | +0.004% | $16.1M | $29.6M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0136% | 1h | 259.69 | −0.023% | $498K | $2.7M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0142% | 8h | 259.81 | +0.023% | $3.7M | $3.2M | 100x | as long as short |
| Nado AMZN-PERP | +0.0149% | 1h | 259.59 | −0.062% | $415K | $118K | 20x | as long as short |
| Phoenix AMZN | +0.0185% | 1h | 259.69 | −0.023% | $5K | $77K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.41 | −0.131% | $75K | $27K | 30x | as long as short |
| Lighter AMZNlong | +0.0224% | 1h | 259.75 | long leg | $809K | $1.1M | 20x | |
| BloFin AMZN-USDT | +0.0253% | 8h | 259.76 | +0.004% | $179K | $204K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0529% | 4h | 259.69 | −0.024% | $28K | $249K | 10x | as long as short |
Lighter AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Coinbase International AMZN-PERP-INTX
OKX AMZN-USDT-SWAP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Variational Omni AMZN
tradeXYZ xyz:AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bybit AMZNUSDT
Phoenix AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
edgeX AMZNUSDC