Funding you earn now, next payment 08:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.056%
Price spread now: GRVT against Lighter+0.017%78s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$160.163% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now +0.017%, 7d avg +0.050%
=Together, before fees−0.117%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.033% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.050%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMZN | 259.93 | 0.0152 | pay 0.0019% / 1h | 15m 49s | $749K | $1.3M | 20x |
| Short | GRVT AMZN_USDT_Perp | 259.97 | 0 | get 0.0000% / 8h | 15m 49s | $10K | $1.8M | 10x |
Lighter AMZN
GRVT AMZN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.92
- Price spread: +0.017% → +0.050%
- −$3.31
- Slippage, 4 orders
- −$7.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$51.53
- Costs to cover
- 0.163%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; GRVT: live order book, 2 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, 5 min ago | 0.37 bp | 0.5 bp −$1 | 1.8 bp −$18 | 73.9 bp −$7,390 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.35 bp | 8.0 bp −$8 | 17.4 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AMZN_USDC-PERPETUAL | −0.0212% | 1h | 259.68 | −0.096% | $29K | $172K | 10x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.87 | −0.023% | $202K | $207K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 260.01 | +0.031% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.77 | −0.061% | $765K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.03 | +0.039% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 259.96 | +0.014% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perpshort | 0.0000% | 8h | 259.97 | +0.017% | $10K | $1.8M | 10x | |
| edgeX AMZNUSDC | +0.0002% | 4h | 259.94 | +0.004% | $28K | $249K | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0016% | 1h | 259.88 | −0.018% | $498K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0020% | 8h | 259.94 | +0.003% | $16.0M | $29.4M | 20x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
edgeX AMZNUSDC
Extended AMZN_24_5-USD
Binance AMZNUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMZN | +0.0032% | 1h | 259.94 | +0.004% | $739K | $1.6M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.85 | −0.030% | $197K | $233K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.86 | −0.027% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.84 | −0.034% | $30.0M | $11.2M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.81 | −0.046% | $321K | $287K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.90 | −0.011% | $690 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.76 | −0.065% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0050% | 1h | 259.91 | −0.007% | $1.4M | $3.6M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0064% | 1h | 259.85 | −0.030% | $33K | — | 20x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.88 | −0.019% | $916K | $2.3M | 10x | as long as short |
| BloFin AMZN-USDT | +0.0083% | 8h | 260.00 | +0.027% | $178K | $301K | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.71 | −0.084% | $1.5M | $395K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.81 | −0.046% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.92 | −0.003% | $1K | $331 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.86 | −0.028% | $14K | $510 | 10x | as long as short |
| Nado AMZN-PERP | +0.0115% | 1h | 259.85 | −0.030% | $414K | $114K | 20x | as long as short |
| Lighter AMZNlong | +0.0152% | 1h | 259.93 | long leg | $749K | $1.3M | 20x | |
| Bybit AMZNUSDT | +0.0182% | 8h | 260.02 | +0.035% | $4.0M | $3.3M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.68 | −0.096% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.99 | +0.023% | $5K | $78K | 20x | as long as short |
Lighter RH AMZN
Arcus AMZN-USD
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
QFEX AMZN-USD
Hotstuff AMZN-PERP
Coinbase International AMZN-PERP-INTX
BloFin AMZN-USDT
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Nado AMZN-PERP
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN