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

AMZN

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.750.0224pay 0.0028% / 1h16m 47s$809K$1.1M20x
ShortArcus AMZN-USD259.590.0040get 0.0005% / 1h16m 47s$197K$240K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.04 bp0.5 bp $00.9 bp −$966.3 bp −$6,634doesn't fit
Sell Arcus live order book, 42 min ago3.66 bp9.9 bp −$1012.4 bp −$124doesn'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%8h259.61−0.054%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.59−0.062%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.78+0.012%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.70−0.019%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.57−0.069%$28K$174K10xas long as short
Lighter RH AMZN+0.0032%1h259.77+0.008%$723K$1.5M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0032%1h259.60−0.058%$917K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.66−0.035%$1.4M$3.8M10xas long as short
Arcus AMZN-USDshort+0.0040%1h259.59−0.062%$197K$240K10x
Vest AMZN-USD-PERP+0.0046%1h259.59−0.062%$104K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AMZN-USDT-SWAP+0.0049%8h259.76+0.004%$2.9M$4.7M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.56−0.073%$323K$277K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.69−0.023%$667$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.52−0.089%$1.3M$1.2M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.64−0.042%$1.5M$512K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.57−0.069%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.67−0.031%$1K$32010xas long as short
Hotstuff AMZN-PERP+0.0104%1h259.65−0.038%$33K20xas long as short
Aevo AMZN-PERP+0.0104%1h259.66−0.035%$14K$51010xas long as short
Variational Omni AMZN+0.0119%8h259.70−0.017%$1.8M$1.1Mas long as short
tradeXYZ xyz:AMZN+0.0126%1h259.66−0.035%$29.8M$11.0M20xas long as short
Binance AMZNUSDT+0.0133%8h259.76+0.004%$16.1M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0136%1h259.69−0.023%$498K$2.7M10xas long as short
Bybit AMZNUSDT+0.0142%8h259.81+0.023%$3.7M$3.2M100xas long as short
Nado AMZN-PERP+0.0149%1h259.59−0.062%$415K$118K20xas long as short
Phoenix AMZN+0.0185%1h259.69−0.023%$5K$77K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.41−0.131%$75K$27K30xas long as short
Lighter AMZNlong+0.0224%1h259.75long leg$809K$1.1M20x
BloFin AMZN-USDT+0.0253%8h259.76+0.004%$179K$204K20xas long as short
edgeX AMZNUSDC+0.0529%4h259.69−0.024%$28K$249K10xas long as short