Funding you earn now, next payment 03:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.052%
Price spread now: Lighter against tradeXYZ+0.040%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.040%, 7d avg +0.061%
=Together, before fees+0.074%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.021% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.061%). If the spread goes back, that is −$2 on $10k: about 3.2 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 | tradeXYZ xyz:AMZN | 259.47 | 0.0050 | pay 0.0006% / 1h | 50m 14s | $29.8M | $11.3M | 20x |
| Short | Lighter AMZN | 259.57 | 0.0072 | get 0.0009% / 1h | 50m 14s | $824K | $1.1M | 20x |
tradeXYZ xyz:AMZN
Lighter AMZNFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- $4.62
- Price spread: +0.040% → +0.061%
- −$2.1
- Slippage, 4 orders
- −$2.76
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.24
- Costs to cover
- 0.208%
- Break-even
- 34.6 days
Slippage from tradeXYZ: live order book, 9 min ago; Lighter: 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 tradeXYZ live order book, 9 min ago | 0.38 bp | 10.0 bp −$10 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.21 bp | 0.3 bp $0 | 1.5 bp −$15 | 75.7 bp −$7,575 | doesn't fit |
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 | −0.0367% | 1h | 259.28 | −0.073% | $28K | $174K | 10x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.49 | +0.008% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.36 | −0.042% | $761K | $2.7M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.53 | +0.023% | $10K | $1.8M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0023% | 8h | 259.59 | +0.046% | $4.8M | $3.8M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.60 | +0.050% | $717K | $1.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0033% | 1h | 259.50 | +0.012% | $1.4M | $4.1M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0040% | 1h | 259.48 | +0.004% | $33K | — | 20x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.36 | −0.042% | $936K | $2.4M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.44 | −0.012% | $197K | $240K | 10x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Aster AMZNUSDT
Gate AMZN_USDT
GRVT AMZN_USDT_Perp
Bitget AMZNUSDT
Lighter RH AMZN
QFEX AMZN-USD
Hotstuff AMZN-PERP
Coinbase International AMZN-PERP-INTX
Arcus AMZN-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.47 | 0.000% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZNlong | +0.0050% | 1h | 259.47 | long leg | $29.8M | $11.3M | 20x | |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.38 | −0.035% | $317K | $288K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.51 | +0.015% | $635 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.33 | −0.054% | $1.3M | $1.2M | 10x | as long as short |
| Nado AMZN-PERP | +0.0064% | 1h | 259.49 | +0.007% | $414K | $118K | 20x | as long as short |
| Lighter AMZNshort | +0.0072% | 1h | 259.57 | +0.040% | $824K | $1.1M | 20x | |
| OKX AMZN-USDT-SWAP | +0.0081% | 8h | 259.59 | +0.046% | $2.9M | $4.5M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.48 | +0.004% | $1.5M | $572K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.40 | −0.027% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.52 | +0.019% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.51 | +0.015% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0198% | 8h | 259.60 | +0.048% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDT | +0.0205% | 8h | 259.58 | +0.044% | $16.1M | $29.8M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0208% | 1h | 259.51 | +0.015% | $498K | $2.7M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0215% | 8h | 259.61 | +0.054% | $3.8M | $3.2M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.31 | −0.062% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0247% | 1h | 259.56 | +0.035% | $5K | $77K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0792% | 4h | 259.49 | +0.009% | $28K | $248K | 10x | as long as short |
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Nado AMZN-PERP
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC