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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h −0.009%
Price spread now: Phoenix against Lighter+0.129%74s7-day average · you sell dearer than you buy
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 7 days+0.052%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.129% dearer against Lighter than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.690.0168pay 0.0021% / 1h24m 04s$738K$1.3M20x
ShortPhoenix AMZN260.020.0246get 0.0031% / 1h24m 04s$5K$78K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$16.45
Price spread: +0.129% → 0.000%
$12.9
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$22.35
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Lighter: live order book, 2 min ago; Phoenix: 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, 2 min ago0.31 bp0.3 bp $02.3 bp −$2390.0 bp −$9,004doesn't fit
Sell Phoenix no order-book sample
Phoenix: 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%8h259.81+0.050%$204K$209K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.80+0.044%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.54−0.056%$770K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h259.80+0.044%$4.9M$4.1M100xas long as short
Variational Omni AMZN0.0000%8h259.73+0.015%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.87+0.071%$10K$1.8M10xas long as short
Binance AMZNUSDT+0.0021%8h259.75+0.025%$16.2M$29.8M20xas long as short
Extended AMZN_24_5-USD+0.0024%1h259.69+0.002%$501K$3.0M10xas long as short
Lighter RH AMZN+0.0032%1h259.68−0.002%$718K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.54−0.056%$197K$233K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMZN-USD-PERP+0.0046%1h259.53−0.060%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.55−0.052%$29.8M$11.4M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.47−0.083%$321K$282K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.66−0.010%$696$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.39−0.114%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0052%1h259.62−0.025%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0088%1h259.63−0.021%$917K$2.3M10xas long as short
BloFin AMZN-USDT+0.0094%8h259.81+0.048%$179K$304K20xas long as short
Hotstuff AMZN-PERP+0.0096%1h259.53−0.060%$33K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.61−0.029%$1.5M$421K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.70+0.006%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.71+0.010%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h259.67−0.007%$14K$51010xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0135%1h259.62−0.025%$29K$155K10xas long as short
Nado AMZN-PERP+0.0146%1h259.52−0.065%$414K$114K20xas long as short
Lighter AMZNlong+0.0168%1h259.69long leg$738K$1.3M20x
Injective AMZN/USDC PERP+0.0220%1h260.10+0.160%$75K$27K30xas long as short
Phoenix AMZNshort+0.0246%1h260.02+0.129%$5K$78K20x
edgeX AMZNUSDC+0.0373%4h259.80+0.044%$28K$248K10xas long as short
Bybit AMZNUSDT+0.0458%8h259.89+0.079%$4.3M$3.5M100xas long as short