Funding you earn now, next payment 03:00 UTC−0.0031%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.061%
Price spread now: QFEX against Lighter−0.043%7-day average −0.008% · 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−$16as in the Price arb table
costs, in and out, $10k−$130.130% of the position
Funding, last 4 days (all we have)−0.092%−$9 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.043%, 7d avg −0.008%
=Together, before fees−0.041%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.035% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AMZN | 259.84 | 0.0064 | pay 0.0008% / 1h | 29m 06s | $824K | $1.1M | 20x |
| Short | QFEX AMZN-USD | 259.73 | 0.0033 | get 0.0004% / 1h | 29m 06s | $1.4M | $4.0M | 10x |
Lighter AMZN
QFEX AMZN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$6.42
- Price spread: −0.043% → −0.008%
- −$3.49
- Slippage, 4 orders
- −$3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$22.91
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; QFEX: live order book, 4 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, 2 min ago | 0.15 bp | 0.3 bp $0 | 2.4 bp −$24 | 63.9 bp −$6,388 | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.15 bp | 6.2 bp −$6 | 6.2 bp −$62 | 11.5 bp −$1,154 | 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 | 259.76 | −0.029% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.62 | −0.085% | $764K | $2.7M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.86 | +0.007% | $15K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.69 | −0.058% | $28K | $174K | 10x | as long as short |
| Bitget AMZNUSDT | +0.0017% | 8h | 259.89 | +0.019% | $4.8M | $3.9M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.86 | +0.007% | $724K | $1.5M | 10x | as long as short |
| QFEX AMZN-USDshort | +0.0033% | 1h | 259.73 | −0.043% | $1.4M | $4.0M | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.69 | −0.058% | $925K | $2.4M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.73 | −0.043% | $197K | $240K | 10x | as long as short |
| Nado AMZN-PERP | +0.0041% | 1h | 259.74 | −0.037% | $414K | $118K | 20x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Bitget AMZNUSDT
Lighter RH AMZN
Coinbase International AMZN-PERP-INTX
Arcus AMZN-USD
Nado AMZN-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.76 | −0.031% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.67 | −0.066% | $29.9M | $11.5M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.65 | −0.074% | $319K | $289K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.77 | −0.027% | $642 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.59 | −0.097% | $1.3M | $1.2M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0061% | 8h | 259.94 | +0.038% | $2.9M | $4.6M | 20x | as long as short |
| Lighter AMZNlong | +0.0064% | 1h | 259.84 | long leg | $824K | $1.1M | 20x | |
| Hotstuff AMZN-PERP | +0.0096% | 1h | 259.71 | −0.050% | $33K | — | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.65 | −0.074% | $1.5M | $560K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.78 | −0.023% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.78 | −0.023% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.74 | −0.039% | $14K | $510 | 10x | as long as short |
| Bybit AMZNUSDT | +0.0140% | 8h | 259.85 | +0.003% | $3.8M | $3.2M | 100x | as long as short |
| Variational Omni AMZN | +0.0158% | 8h | 259.90 | +0.025% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDT | +0.0167% | 8h | 259.83 | −0.005% | $16.1M | $29.6M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0168% | 1h | 259.78 | −0.025% | $499K | $2.7M | 10x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.56 | −0.108% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0247% | 1h | 259.85 | +0.003% | $5K | $77K | 20x | as long as short |
| BloFin AMZN-USDT | +0.0287% | 8h | 259.79 | −0.020% | $180K | $215K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0317% | 4h | 259.82 | −0.006% | $28K | $249K | 10x | as long as short |
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
OKX AMZN-USDT-SWAP
Hotstuff AMZN-PERP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Bybit AMZNUSDT
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Injective AMZN/USDC PERP
Phoenix AMZN
BloFin AMZN-USDT
edgeX AMZNUSDC