Funding you earn now, next payment 07:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: QFEX against Lighter RH−0.046%7-day average +0.001% · 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−$23as in the Price arb table
costs, in and out, $10k−$180.182% of the position
Funding, last 4 days (all we have)−0.018%−$2 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.046%, 7d avg +0.001%
=Together, before fees+0.029%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.001%). If the spread goes back, that is −$5 on $10k: about 12 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH AMZN | 259.82 | 0.0032 | pay 0.0004% / 1h | 17m 09s | $725K | $1.6M | 10x |
| Short | QFEX AMZN-USD | 259.70 | 0.0045 | get 0.0006% / 1h | 17m 09s | $1.4M | $3.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.74
- Price spread: −0.046% → +0.001%
- −$4.69
- Slippage, 4 orders
- −$8.22
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$20.18
- Costs to cover
- 0.182%
- Break-even
- 58.6 days
Slippage from Lighter RH: live order book, 1 min ago; QFEX: live order book, 6 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, 1 min ago | 2.12 bp | 2.6 bp −$3 | 6.3 bp −$63 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.35 bp | 6.3 bp −$6 | 6.5 bp −$65 | 13.4 bp −$1,336 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AMZN-PERP | −0.0008% | 1h | 259.70 | −0.046% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.73 | −0.035% | $202K | $207K | 20x | as long as short |
| Extended AMZN_24_5-USD | 0.0000% | 1h | 259.71 | −0.041% | $500K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | 0.0000% | 8h | 259.79 | −0.012% | $15.9M | $29.9M | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 259.84 | +0.008% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.60 | −0.085% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.91 | +0.035% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 259.94 | +0.044% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.96 | +0.054% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.57 | −0.096% | $29K | $176K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMZN-PERP-INTX | +0.0024% | 1h | 259.58 | −0.092% | $910K | $2.3M | 10x | as long as short |
| Lighter RH AMZNlong | +0.0032% | 1h | 259.82 | long leg | $725K | $1.6M | 10x | |
| Arcus AMZN-USD | +0.0040% | 1h | 259.74 | −0.031% | $197K | $240K | 10x | as long as short |
| QFEX AMZN-USDshort | +0.0045% | 1h | 259.70 | −0.046% | $1.4M | $3.6M | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.63 | −0.073% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.63 | −0.073% | $322K | $294K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.72 | −0.038% | $685 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.49 | −0.127% | $1.3M | $1.2M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0068% | 1h | 259.73 | −0.035% | $30.0M | $11.3M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0097% | 8h | 259.92 | +0.038% | $3.9M | $3.3M | 100x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.68 | −0.054% | $1.5M | $436K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.68 | −0.054% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.74 | −0.031% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.69 | −0.049% | $14K | $510 | 10x | as long as short |
| Lighter AMZN | +0.0120% | 1h | 259.78 | −0.017% | $750K | $1.3M | 20x | as long as short |
| BloFin AMZN-USDT | +0.0120% | 8h | 259.79 | −0.012% | $177K | $280K | 20x | as long as short |
| Nado AMZN-PERP | +0.0121% | 1h | 259.56 | −0.098% | $414K | $113K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.61 | −0.081% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0308% | 1h | 259.92 | +0.038% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0550% | 4h | 259.89 | +0.028% | $28K | $250K | 10x | as long as short |
Lighter RH AMZN
Aster AMZNUSDT
Extended AMZN_24_5-USD
Binance AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Coinbase International AMZN-PERP-INTX
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
tradeXYZ xyz:AMZN
Bybit AMZNUSDT
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Lighter AMZN
BloFin AMZN-USDT
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC