Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: Orderly against Lighter RH−0.031%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.031% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMZN	259.58	0.0032	pay 0.0004% / 1h	15m 40s	$717K	$1.5M	10x
Short	Orderly PERP_AMZN_USDC_mythos	259.50	0.0100	get 0.0100% / 8h	6h 15m	$1K	$320	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.031%Rate

Funding earned: $14.28
Price spread: −0.031% → 0.000%: −$3.08
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $5.2
Costs to cover: 0.060%
Break-even: 4.5 days

Slippage unknown: Lighter RH: live order book, 2 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 2 min ago	2.50 bp	2.8 bp −$3	7.6 bp −$76	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 29 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
Deribit AMZN_USDC-PERPETUAL	−0.0328%	1h	259.26	−0.123%	$28K	$174K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.47	−0.042%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.39	−0.073%	$767K	$2.6M	100x	as long as short
Lighter RH AMZNlong	+0.0032%	1h	259.58	long leg	$717K	$1.5M	10x
GRVT AMZN_USDT_Perp	+0.0036%	8h	259.57	−0.004%	$11K	$1.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.44	−0.054%	$197K	$241K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.46	−0.046%	—	$104K	25x	as long as short
QFEX AMZN-USD	+0.0049%	1h	259.50	−0.031%	$1.4M	$4.2M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.41	−0.065%	$317K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.48	−0.039%	$635	$5K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.31	−0.104%	$1.3M	$1.2M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.26	−0.123%	$938K	$2.4M	10x	as long as short
Bitget AMZNUSDT	+0.0090%	8h	259.57	−0.004%	$4.8M	$3.8M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.43	−0.058%	$1.5M	$587K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.39	−0.073%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythosshort	+0.0100%	8h	259.50	−0.031%	$1K	$320	10x
OKX AMZN-USDT-SWAP	+0.0101%	8h	259.58	0.000%	$2.9M	$4.5M	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.46	−0.047%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0121%	1h	259.47	−0.042%	$29.9M	$11.3M	20x	as long as short
Nado AMZN-PERP	+0.0140%	1h	259.49	−0.035%	$414K	$122K	20x	as long as short
edgeX AMZNUSDC	+0.0164%	4h	259.52	−0.021%	$28K	$249K	10x	as long as short
Hotstuff AMZN-PERP	+0.0176%	1h	259.49	−0.035%	$33K	—	20x	as long as short
Lighter AMZN	+0.0192%	1h	259.56	−0.008%	$824K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.93	−0.250%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0236%	8h	259.54	−0.017%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0238%	8h	259.54	−0.015%	$16.1M	$29.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0240%	1h	259.47	−0.044%	$498K	$2.7M	10x	as long as short
Bybit AMZNUSDT	+0.0277%	8h	259.66	+0.031%	$3.8M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0277%	1h	259.50	−0.031%	$5K	$78K	20x	as long as short