AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.045%

Price spread now: Nado against Lighter−0.083%47s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.265% of the position

Long on Lighter Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.159%−$16 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.083%, 7d avg −0.023%

Together, before fees−0.092%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.060% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 47 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	259.75	0.0280	pay 0.0035% / 1h	39m 34s	$811K	$1.1M	20x
Short	Nado AMZN-PERP	259.54	0.0195	get 0.0024% / 1h	39m 34s	$415K	$118K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.083%Rate

Funding earned: −$17.87
Price spread: −0.083% → −0.023%: −$6.01
Slippage, 4 orders: −$19.48
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.37
Costs to cover: 0.265%
Break-even: never at this rate

Slippage from Lighter: live order book, 11 min ago; Nado: live order book, 18 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, 11 min ago	0.12 bp	0.2 bp $0	1.6 bp −$16	76.4 bp −$7,638	doesn't fit
Sell Nado live order book, 18 min ago	1.15 bp	13.6 bp −$14	51.1 bp −$511	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	259.54	−0.080%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.57	−0.070%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.82	+0.026%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.78	+0.011%	$16K	$1.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.55	−0.078%	$918K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.69	−0.024%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.64	−0.043%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.51	−0.093%	—	$104K	25x	as long as short
Lighter RH AMZN	+0.0048%	1h	259.78	+0.011%	$723K	$1.5M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.62	−0.051%	$321K	$275K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AMZN-USD	+0.0050%	1h	259.70	−0.020%	$654	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.46	−0.112%	$1.3M	$1.2M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0058%	1h	259.58	−0.066%	$28K	$174K	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0062%	8h	259.84	+0.034%	$2.9M	$4.6M	20x	as long as short
Hotstuff AMZN-PERP	+0.0072%	1h	259.64	−0.043%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.59	−0.062%	$1.5M	$533K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.51	−0.093%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.79	+0.015%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.68	−0.029%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0133%	8h	259.77	+0.009%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDT	+0.0140%	8h	259.86	+0.042%	$3.7M	$3.2M	100x	as long as short
Binance AMZNUSDT	+0.0150%	8h	259.75	0.000%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.67	−0.030%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0167%	1h	259.66	−0.035%	$29.9M	$11.0M	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.75	−0.001%	$5K	$77K	20x	as long as short
Nado AMZN-PERPshort	+0.0195%	1h	259.54	−0.083%	$415K	$118K	20x
Injective AMZN/USDC PERP	+0.0220%	1h	259.45	−0.116%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0269%	8h	259.77	+0.007%	$179K	$204K	20x	as long as short
edgeX AMZNUSDC	+0.0276%	4h	259.73	−0.010%	$28K	$247K	10x	as long as short
Lighter AMZNlong	+0.0280%	1h	259.75	long leg	$811K	$1.1M	20x