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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.076%
Price spread now: Aster against Lighter−0.048%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.048%, 7d avg +0.007%
Together, before fees−0.110%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.055% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.460.0184pay 0.0023% / 1h3m 29s$823K$1.1M20x
ShortAster AMZNUSDT259.330get 0.0000% / 8h6h 03m$203K$211K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$38.64
Price spread: −0.048% → +0.007%
−$5.52
Slippage, 4 orders
−$78.05
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$130.21
Costs to cover
0.861%
Break-even
never at this rate
Slippage from Lighter: live order book, 2 min ago; Aster: live order book, 63 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, 2 min ago0.69 bp0.7 bp −$12.5 bp −$2578.4 bp −$7,837doesn't fit
Sell Aster live order book, 63 min ago4.43 bp40.2 bp −$40doesn't fitdoesn't fitdoesn't fit

AMZN on 29 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 AMZNUSDTshort0.0000%8h259.33−0.048%$203K$211K20x
Gate AMZN_USDT0.0000%8h259.26−0.077%$764K$2.7M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.47+0.004%$11K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.27−0.073%$28K$174K10xas long as short
Lighter RH AMZN+0.0032%1h259.48+0.008%$717K$1.5M10xas long as short
Arcus AMZN-USD+0.0040%1h259.37−0.034%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.37−0.034%$104K25xas long as short
QFEX AMZN-USD+0.0049%1h259.38−0.030%$1.4M$4.2M10xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.24−0.084%$317K$287K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.39−0.027%$635$5K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMZN-USD.P+0.0050%1h259.26−0.077%$1.3M$1.2M10xas long as short
Bitget AMZNUSDT+0.0058%8h259.49+0.012%$4.8M$3.8M100xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.21−0.096%$947K$2.4M10xas long as short
tradeXYZ xyz:AMZN+0.0083%1h259.32−0.054%$29.8M$11.3M20xas long as short
OKX AMZN-USDT-SWAP+0.0090%8h259.50+0.016%$2.9M$4.5M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.29−0.065%$1.5M$580K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.33−0.050%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.460.000%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.35−0.042%$14K$51010xas long as short
Nado AMZN-PERP+0.0125%1h259.31−0.056%$414K$122K20xas long as short
Lighter AMZNlong+0.0184%1h259.46long leg$823K$1.1M20x
Injective AMZN/USDC PERP+0.0220%1h259.22−0.092%$75K$27K30xas long as short
Binance AMZNUSDT+0.0221%8h259.48+0.008%$16.1M$29.9M20xas long as short
Variational Omni AMZN+0.0221%8h259.45−0.002%$1.8M$1.1Mas long as short
Extended AMZN_24_5-USD+0.0224%1h259.42−0.016%$498K$2.7M10xas long as short
Bybit AMZNUSDT+0.0243%8h259.59+0.050%$3.8M$3.2M100xas long as short
Phoenix AMZN+0.0277%1h259.53+0.027%$5K$78K20xas long as short
Hotstuff AMZN-PERP+0.0280%1h259.35−0.042%$33K20xas long as short
edgeX AMZNUSDC+0.0782%4h259.44−0.007%$28K$248K10xas long as short