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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.128%
Price spread now: Hotstuff against Lighter−0.035%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.035% cheaper against Lighter than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.870.0120pay 0.0015% / 1h31m 15s$748K$1.3M20x
ShortHotstuff AMZN-PERP259.780.0232get 0.0029% / 1h31m 15s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$23.52
Price spread: −0.035% → 0.000%
−$3.5
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$15.02
Costs to cover
0.050%
Break-even
2.5 days
Slippage unknown: Lighter: live order book, 5 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 5 min ago0.63 bp0.8 bp −$11.4 bp −$1473.7 bp −$7,374doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h259.82−0.019%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.86−0.004%$2.8M$4.7M20xas long as short
Gate AMZN_USDT0.0000%8h259.70−0.066%$764K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.88+0.003%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h259.90+0.013%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.86−0.003%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.70−0.066%$28K$175K10xas long as short
QFEX AMZN-USD+0.0020%1h259.80−0.027%$1.4M$3.7M10xas long as short
Extended AMZN_24_5-USD+0.0024%1h259.79−0.031%$499K$3.1M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0024%1h259.50−0.143%$917K$2.3M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AMZNUSDT+0.0025%8h259.85−0.008%$15.9M$29.8M20xas long as short
Lighter RH AMZN+0.0032%1h259.89+0.007%$726K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.73−0.054%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.77−0.039%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.70−0.066%$321K$286K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.82−0.020%$686$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.63−0.093%$1.3M$1.1M10xas long as short
Nado AMZN-PERP+0.0094%1h259.77−0.040%$414K$112K20xas long as short
Bybit AMZNUSDT+0.0099%8h259.870.000%$3.7M$3.2M100xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.66−0.081%$1.5M$472K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.70−0.066%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.84−0.012%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.79−0.031%$14K$51010xas long as short
BloFin AMZN-USDT+0.0113%8h259.86−0.004%$179K$205K20xas long as short
Lighter AMZNlong+0.0120%1h259.87long leg$748K$1.3M20x
tradeXYZ xyz:AMZN+0.0164%1h259.80−0.027%$30.0M$11.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.03+0.061%$75K$27K30xas long as short
Hotstuff AMZN-PERPshort+0.0232%1h259.78−0.035%$33K20x
Phoenix AMZN+0.0246%1h259.88+0.003%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0708%4h259.83−0.016%$28K$249K10xas long as short