Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.1% APRnext payment $0.06 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against Arcus+0.038%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.150% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.038%, 7d avg +0.059%
Together, before fees+0.056%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.021% cheaper against Arcus than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AMZN-USD259.830.0246pay 0.0031% / 1h43m 23s$197K$205K10x
ShortLighter AMZN259.930.0200get 0.0025% / 1h43m 23s$730K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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

Funding earned
−$9.69
Price spread: +0.038% → +0.059%
−$2.1
Slippage, 4 orders
−$10.52
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$26.81
Costs to cover
0.150%
Break-even
never at this rate
Slippage from Arcus: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 3 min ago4.05 bp7.3 bp −$79.4 bp −$9420.0 bp −$1,997doesn't fit
Sell Lighter live order book, 6 min ago0.10 bp0.1 bp $02.1 bp −$2164.5 bp −$6,449doesn't fit

AMZN on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AMZN-PERP−0.1600%1h259.56−0.104%$33K20xas long as short
Aster AMZNUSDT0.0000%8h259.84+0.005%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.75−0.031%$826K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.92+0.035%$5.0M$5.0M100xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0019%1h259.86+0.012%$37K$145K10xas long as short
Lighter RH AMZN+0.0032%1h259.92+0.035%$710K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.74−0.035%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.77−0.023%$30.1M$11.6M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.82−0.004%$322K$286K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.78−0.019%$699$5K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMZN-USD.P+0.0050%1h259.45−0.146%$1.3M$1.0M10xas long as short
OKX AMZN-USDT-SWAP+0.0059%8h260.01+0.069%$2.9M$4.9M20xas long as short
QFEX AMZN-USD+0.0061%1h259.88+0.019%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0080%1h259.45−0.146%$947K$2.5M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.73−0.038%$1.5M$491K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.45−0.146%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.90+0.027%$1K$87710xas long as short
Aevo AMZN-PERP+0.0104%1h259.85+0.008%$14K$51010xas long as short
Variational Omni AMZN+0.0171%8h259.71−0.044%$1.8M$1.0Mas long as short
Lighter AMZNshort+0.0200%1h259.93+0.038%$730K$1.3M20x
Extended AMZN_24_5-USD+0.0200%1h259.89+0.024%$503K$3.0M10xas long as short
Binance AMZNUSDT+0.0204%8h259.98+0.058%$16.4M$32.2M20xas long as short
Nado AMZN-PERP+0.0208%1h259.82−0.003%$404K$118K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.23+0.154%$76K$23K30xas long as short
Arcus AMZN-USDlong+0.0246%1h259.83long leg$197K$205K10x
Phoenix AMZN+0.0276%1h259.92+0.035%$5K$84K20xas long as short
BloFin AMZN-USDT+0.0319%8h259.80−0.012%$182K$303K20xas long as short
GRVT AMZN_USDT_Perp+0.0374%8h259.74−0.034%$9K$1.8M10xas long as short
Bybit AMZNUSDT+0.0425%8h260.00+0.065%$4.3M$3.6M100xas long as short
edgeX AMZNUSDC+0.0893%4h259.67−0.063%$28K$250K10xas long as short