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: Lighter RH against Orderly+0.027%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 RH

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

The price spread pays, funding is against you. Lighter RH is 0.027% dearer against Orderly than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AMZN_USDC_mythos	259.50	0.0100	pay 0.0100% / 8h	6h 15m	$1K	$320	10x
Short	Lighter RH AMZN	259.57	0.0032	get 0.0004% / 1h	15m 10s	$717K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$14.28
Price spread: +0.027% → 0.000%: $2.7
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$17.58
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago	2.50 bp	2.8 bp −$3	6.0 bp −$60	doesn't fit	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 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	−0.0251%	1h	259.30	−0.077%	$28K	$174K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.48	−0.009%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.38	−0.046%	$767K	$2.6M	100x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	259.57	+0.027%	$717K	$1.5M	10x
GRVT AMZN_USDT_Perp	+0.0036%	8h	259.57	+0.027%	$11K	$1.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.44	−0.023%	$197K	$241K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.45	−0.019%	—	$104K	25x	as long as short
QFEX AMZN-USD	+0.0049%	1h	259.46	−0.015%	$1.4M	$4.2M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.37	−0.050%	$317K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.47	−0.012%	$629	$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	−0.073%	$1.3M	$1.2M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.26	−0.092%	$938K	$2.4M	10x	as long as short
Bitget AMZNUSDT	+0.0090%	8h	259.57	+0.027%	$4.8M	$3.8M	100x	as long as short
OKX AMZN-USDT-SWAP	+0.0099%	8h	259.58	+0.031%	$2.9M	$4.5M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.43	−0.027%	$1.5M	$587K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.39	−0.042%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythoslong	+0.0100%	8h	259.50	long leg	$1K	$320	10x
Aevo AMZN-PERP	+0.0104%	1h	259.46	−0.015%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0119%	1h	259.46	−0.015%	$29.8M	$11.3M	20x	as long as short
Nado AMZN-PERP	+0.0138%	1h	259.46	−0.014%	$414K	$122K	20x	as long as short
edgeX AMZNUSDC	+0.0164%	4h	259.52	+0.009%	$28K	$249K	10x	as long as short
Lighter AMZN	+0.0192%	1h	259.56	+0.022%	$824K	$1.1M	20x	as long as short
Hotstuff AMZN-PERP	+0.0216%	1h	259.46	−0.015%	$33K	—	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.37	−0.050%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0236%	8h	259.54	+0.013%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0238%	8h	259.53	+0.010%	$16.1M	$29.7M	20x	as long as short
Extended AMZN_24_5-USD	+0.0240%	1h	259.47	−0.012%	$498K	$2.7M	10x	as long as short
Bybit AMZNUSDT	+0.0277%	8h	259.63	+0.050%	$3.8M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0277%	1h	259.50	0.000%	$5K	$78K	20x	as long as short