AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0296%/8h= −32.4% APRnext payment −$0.37 per $10,000 · paid last 24h −0.059%

Price spread now: Coinbase International against Lighter−0.098%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$160.163% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 3 days (all we have)+0.110%+$11 · spread now −0.098%, 7d avg −0.101%

Together, before fees+0.139%+ Points / potential airdropLighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 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	259.25	0.0360	pay 0.0045% / 1h	19m 50s	$833K	$1.1M	20x
Short	Coinbase International AMZN-PERP-INTX	259.00	0.0064	get 0.0008% / 1h	19m 50s	$940K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$62.16
Price spread: −0.098% → −0.101%: $0.27
Slippage, 4 orders: −$6.29
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$78.18
Costs to cover: 0.163%
Break-even: never at this rate

Slippage from Lighter: live order book, 1 min ago; Coinbase International: live order book, 4 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, 1 min ago	0.25 bp	0.3 bp $0	1.4 bp −$14	79.9 bp −$7,987	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.32 bp	7.3 bp −$7	9.9 bp −$99	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	259.13	−0.048%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.08	−0.068%	$765K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.06	−0.075%	$27K	$177K	10x	as long as short
Lighter RH AMZN	+0.0040%	1h	259.27	+0.006%	$719K	$1.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.05	−0.079%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.09	−0.064%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.14	−0.044%	$625	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.94	−0.122%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.16	−0.037%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTXshort	+0.0064%	1h	259.00	−0.098%	$940K	$2.7M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	259.06	−0.075%	$1.5M	$616K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.08	−0.068%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.24	−0.006%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.16	−0.036%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0112%	1h	259.18	−0.029%	$33K	—	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0135%	8h	259.40	+0.056%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0157%	8h	259.37	+0.043%	$7K	$1.8M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0200%	1h	259.13	−0.048%	$28.5M	$10.9M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.49	+0.091%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0243%	8h	259.26	+0.004%	$1.8M	$1.4M	—	as long as short
Nado AMZN-PERP	+0.0247%	1h	259.02	−0.089%	$414K	$122K	20x	as long as short
Binance AMZNUSDT	+0.0255%	8h	259.23	−0.008%	$16.2M	$31.0M	20x	as long as short
Extended AMZN_24_5-USD	+0.0256%	1h	259.19	−0.026%	$497K	$2.5M	10x	as long as short
Arcus AMZN-USD	+0.0274%	1h	259.11	−0.056%	$197K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0292%	8h	259.28	+0.010%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.16	−0.037%	$5K	$98K	20x	as long as short
Bybit AMZNUSDT	+0.0352%	8h	259.30	+0.017%	$3.7M	$3.2M	100x	as long as short
Lighter AMZNlong	+0.0360%	1h	259.25	long leg	$833K	$1.1M	20x
BloFin AMZN-USDT	+0.0373%	8h	259.26	+0.002%	$178K	$216K	20x	as long as short
edgeX AMZNUSDC	+0.0803%	4h	259.35	+0.036%	$28K	$247K	10x	as long as short