Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.054%

Price spread now: Lighter against Orderly+0.029%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Lighter

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: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.029% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AMZN_USDC_mythos	258.86	0.0100	pay 0.0100% / 8h	1h 05m	$1K	$320	10x
Short	Lighter AMZN	258.94	0.0264	get 0.0033% / 1h	5m 08s	$832K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. 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 OrderlybpFee LighterbpOrdersPrice spread, now +0.029%Rate

Funding earned: $34.44
Price spread: +0.029% → 0.000%: $2.9
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $31.34
Costs to cover: 0.060%
Break-even: 0.6 days

Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 6 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Lighter live order book, 6 min ago	0.04 bp	0.1 bp $0	0.9 bp −$9	69.5 bp −$6,949	doesn't fit

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 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	258.92	+0.023%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.70	−0.062%	$763K	$2.7M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	258.91	+0.019%	$715K	$1.7M	10x	as long as short
Hotstuff AMZN-PERP	+0.0040%	1h	258.82	−0.015%	$33K	—	20x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.72	−0.054%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.76	−0.039%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.84	−0.008%	$633	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.61	−0.097%	$1.3M	$1.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0056%	1h	258.71	−0.058%	$940K	$2.7M	10x	as long as short
QFEX AMZN-USD	+0.0066%	1h	258.83	−0.012%	$1.4M	$4.5M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	258.62	−0.093%	$1.5M	$635K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.70	−0.062%	$92K	$134K	50x	as long as short
Orderly PERP_AMZN_USDC_mythoslong	+0.0100%	8h	258.86	long leg	$1K	$320	10x
Aevo AMZN-PERP	+0.0104%	1h	258.83	−0.012%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0117%	8h	258.93	+0.027%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0129%	8h	258.87	+0.005%	$10K	$1.8M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0145%	1h	258.83	−0.012%	$28.4M	$11.0M	20x	as long as short
Variational Omni AMZN	+0.0196%	8h	258.92	+0.021%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USD	+0.0208%	1h	258.86	0.000%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0210%	8h	258.91	+0.019%	$16.1M	$31.4M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.64	−0.085%	$74K	$27K	30x	as long as short
Nado AMZN-PERP	+0.0220%	1h	258.69	−0.065%	$414K	$123K	20x	as long as short
Lighter AMZNshort	+0.0264%	1h	258.94	+0.029%	$832K	$1.1M	20x
Bitget AMZNUSDT	+0.0277%	8h	258.90	+0.015%	$4.8M	$4.0M	100x	as long as short
Arcus AMZN-USD	+0.0284%	1h	258.71	−0.058%	$196K	$233K	10x	as long as short
Bybit AMZNUSDT	+0.0328%	8h	258.96	+0.039%	$3.7M	$3.3M	100x	as long as short
BloFin AMZN-USDT	+0.0330%	8h	258.91	+0.019%	$178K	$188K	20x	as long as short
Phoenix AMZN	+0.0340%	1h	258.96	+0.039%	$5K	$118K	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0407%	1h	258.84	−0.008%	$27K	$226K	10x	as long as short
edgeX AMZNUSDC	+0.0792%	4h	258.85	−0.005%	$28K	$247K	10x	as long as short