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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: Bybit against Lighter−0.012%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.012%, 7d avg +0.043%
Together, before fees−0.051%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.055% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.910.0088pay 0.0011% / 1h10m 26s$823K$1.1M20x
ShortBybit AMZNUSDT259.880.0092get 0.0092% / 8h5h 10m$3.8M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0.74
Price spread: −0.012% → +0.043%
−$5.47
Slippage, 4 orders
−$6.69
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$22.42
Costs to cover
0.177%
Break-even
219.3 days
Slippage from Lighter: live order book, just now; Bybit: live order book, 2 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, just now0.02 bp0.3 bp $02.1 bp −$2174.7 bp −$7,465doesn't fit
Sell Bybit live order book, 2 min ago1.54 bp10.0 bp −$1018.0 bp −$180doesn'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%8h259.71−0.077%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.65−0.100%$764K$2.7M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.87−0.017%$8K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.68−0.088%$28K$174K10xas long as short
Bitget AMZNUSDT+0.0006%8h259.90−0.004%$4.8M$3.9M100xas long as short
Hotstuff AMZN-PERP+0.0008%1h259.78−0.050%$33K20xas long as short
Lighter RH AMZN+0.0032%1h259.94+0.012%$724K$1.5M10xas long as short
QFEX AMZN-USD+0.0033%1h259.87−0.015%$1.4M$3.8M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0040%1h259.70−0.081%$924K$2.4M10xas long as short
Arcus AMZN-USD+0.0040%1h259.80−0.042%$197K$240K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMZN-USD-PERP+0.0046%1h259.70−0.081%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.72−0.073%$29.9M$11.5M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.70−0.081%$320K$290K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.80−0.042%$651$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.70−0.081%$1.3M$1.2M10xas long as short
OKX AMZN-USDT-SWAP+0.0053%8h259.94+0.012%$2.9M$4.6M20xas long as short
Nado AMZN-PERP+0.0056%1h259.68−0.090%$415K$118K20xas long as short
Lighter AMZNlong+0.0088%1h259.91long leg$823K$1.1M20x
Bybit AMZNUSDTshort+0.0092%8h259.88−0.012%$3.8M$3.2M100x
KuCoin AMZNUSDTM+0.0100%8h259.70−0.081%$1.5M$550K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.67−0.092%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.86−0.019%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.80−0.043%$14K$51010xas long as short
Variational Omni AMZN+0.0130%8h259.94+0.013%$1.8M$1.1Mas long as short
Extended AMZN_24_5-USD+0.0144%1h259.80−0.041%$498K$2.7M10xas long as short
Binance AMZNUSDT+0.0147%8h259.87−0.015%$16.1M$29.6M20xas long as short
edgeX AMZNUSDC+0.0175%4h259.85−0.022%$28K$247K10xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.54−0.142%$75K$27K30xas long as short
Phoenix AMZN+0.0247%1h259.85−0.023%$5K$77K20xas long as short
BloFin AMZN-USDT+0.0267%8h259.79−0.046%$180K$204K20xas long as short