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−0.0208%/8h= −22.8% APRpaid last 24h −0.076%
Price spread now: Gate against Lighter−0.074%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.272% 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)+0.075%+$7 · spread now −0.074%, 7d avg −0.035%
Together, before fees−0.115%+ Points / potential airdropLighter: Season 3 · 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 Gate is 0.039% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.380.0208pay 0.0026% / 1h47m 07s$825K$1.1M20x
ShortGate AMZN_USDT259.190get 0.0000% / 8h6h 47m$767K$2.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$43.68
Price spread: −0.074% → −0.035%
−$3.88
Slippage, 4 orders
−$12.16
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$74.72
Costs to cover
0.272%
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 6 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 ago0.21 bp1.1 bp −$11.8 bp −$1866.7 bp −$6,667doesn't fit
Sell Gate live order book, 6 min ago2.70 bp11.9 bp −$1224.4 bp −$244doesn'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%8h259.19−0.074%$203K$211K20xas long as short
Gate AMZN_USDTshort0.0000%8h259.19−0.074%$767K$2.6M100x
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.20−0.070%$28K$173K10xas long as short
Lighter RH AMZN+0.0032%1h259.40+0.007%$729K$1.5M10xas long as short
Arcus AMZN-USD+0.0040%1h259.30−0.032%$197K$241K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.16−0.086%$104K25xas long as short
QFEX AMZN-USD+0.0049%1h259.36−0.008%$1.4M$4.2M10xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.22−0.062%$312K$282K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.32−0.024%$636$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.27−0.043%$1.3M$1.2M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT AMZN_USDT_Perp+0.0065%8h259.43+0.018%$14K$1.8M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.27−0.043%$940K$2.4M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.22−0.062%$1.5M$603K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.15−0.089%$92K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.37−0.005%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.30−0.031%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0108%8h259.40+0.007%$2.9M$4.5M20xas long as short
Hotstuff AMZN-PERP+0.0128%1h259.31−0.028%$33K20xas long as short
Bitget AMZNUSDT+0.0150%8h259.42+0.015%$4.8M$3.8M100xas long as short
Nado AMZN-PERP+0.0162%1h259.17−0.083%$413K$122K20xas long as short
Lighter AMZNlong+0.0208%1h259.38long leg$825K$1.1M20x
Injective AMZN/USDC PERP+0.0220%1h259.00−0.147%$75K$27K30xas long as short
tradeXYZ xyz:AMZN+0.0238%1h259.31−0.028%$29.5M$11.0M20xas long as short
Variational Omni AMZN+0.0256%8h259.42+0.013%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0260%8h259.37−0.005%$16.1M$29.5M20xas long as short
Extended AMZN_24_5-USD+0.0264%1h259.31−0.026%$498K$2.7M10xas long as short
Phoenix AMZN+0.0277%1h259.50+0.045%$5K$78K20xas long as short
Bybit AMZNUSDT+0.0285%8h259.47+0.034%$3.7M$3.1M100xas long as short
BloFin AMZN-USDT+0.0380%8h259.40+0.007%$178K$215K20xas long as short
edgeX AMZNUSDC+0.0911%4h259.39+0.004%$28K$249K10xas long as short