Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.013%

Price spread now: OKX against Lighter RH+0.012%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on Lighter RH Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 7 days+0.012%+$1 · spread now +0.012%, 7d avg +0.054%

Together, before fees+0.100%+ Points / potential airdropLighter RH: Points live · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.043% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.054%). If the spread goes back, that is −$4 on $10k: about 6.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMZN	259.70	0.0032	pay 0.0004% / 1h	45m 48s	$709K	$1.5M	10x
Short	OKX AMZN-USDT-SWAP	259.73	0.0055	get 0.0055% / 8h	5h 45m	$2.9M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Lighter RH. 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 Lighter RHbpFee OKXbpOrdersPrice spread, now +0.012%Rate

Funding earned: $4.87
Price spread: +0.012% → +0.054%: −$4.28
Slippage, 4 orders: −$13.19
Fee Lighter RH: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.6
Costs to cover: 0.232%
Break-even: 39.5 days

Slippage from Lighter RH: live order book, 5 min ago; OKX: live order book, 5 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 RH live order book, 5 min ago	2.31 bp	2.3 bp −$2	8.1 bp −$81	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.77 bp	8.5 bp −$8	17.9 bp −$179	doesn't fit	doesn't fit

AMZN on 30 exchanges

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
Hotstuff AMZN-PERP	−0.1600%	1h	259.50	−0.077%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.58	−0.045%	$203K	$209K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.44	−0.100%	$813K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.63	−0.027%	$5.0M	$5.0M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.55	−0.058%	$37K	$145K	10x	as long as short
Lighter RH AMZNlong	+0.0032%	1h	259.70	long leg	$709K	$1.5M	10x
Vest AMZN-USD-PERP	+0.0046%	1h	259.53	−0.065%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.56	−0.054%	$323K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.49	−0.081%	$699	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.35	−0.135%	$1.3M	$1.0M	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMZN	+0.0051%	1h	259.56	−0.054%	$30.1M	$11.6M	20x	as long as short
OKX AMZN-USDT-SWAPshort	+0.0055%	8h	259.73	+0.012%	$2.9M	$4.9M	20x
QFEX AMZN-USD	+0.0061%	1h	259.56	−0.054%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0080%	1h	259.45	−0.096%	$953K	$2.4M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.42	−0.108%	$1.5M	$489K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.89	+0.073%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.66	−0.015%	$1K	$877	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.48	−0.086%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0164%	8h	260.21	+0.198%	$1.8M	$1.0M	—	as long as short
Binance AMZNUSDT	+0.0199%	8h	259.59	−0.041%	$16.4M	$32.2M	20x	as long as short
Lighter AMZN	+0.0200%	1h	259.71	+0.003%	$729K	$1.3M	20x	as long as short
Extended AMZN_24_5-USD	+0.0200%	1h	259.44	−0.098%	$503K	$3.0M	10x	as long as short
Nado AMZN-PERP	+0.0219%	1h	259.52	−0.071%	$404K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.23	+0.204%	$76K	$23K	30x	as long as short
Arcus AMZN-USD	+0.0246%	1h	259.49	−0.081%	$197K	$205K	10x	as long as short
Phoenix AMZN	+0.0276%	1h	259.78	+0.031%	$5K	$84K	20x	as long as short
BloFin AMZN-USDT	+0.0315%	8h	259.70	0.000%	$182K	$303K	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0365%	8h	259.99	+0.112%	$9K	$1.8M	10x	as long as short
Bybit AMZNUSDT	+0.0417%	8h	259.71	+0.004%	$4.3M	$3.6M	100x	as long as short
edgeX AMZNUSDC	+0.0885%	4h	260.12	+0.163%	$28K	$249K	10x	as long as short