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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h +0.032%
Price spread now: Lighter against Binance+0.032%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$140.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 2 days (all we have)−0.030%−$3 · spread now +0.032%, 7d avg +0.011%
Together, before fees+0.008%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.021% dearer against Binance than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of +0.011%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AMZNUSDT259.440.0249pay 0.0249% / 8h6h 33m$16.2M$29.6M20x
ShortLighter AMZN259.520.0184get 0.0023% / 1h33m 53s$824K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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
−$13.57
Price spread: +0.032% → +0.011%
$2.09
Slippage, 4 orders
−$3.6
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$25.09
Costs to cover
0.136%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 2 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 Binance live order book, 7 min ago0.19 bp5.8 bp −$612.0 bp −$12042.6 bp −$4,264doesn't fit
Sell Lighter live order book, 2 min ago0.02 bp0.9 bp −$11.5 bp −$1568.5 bp −$6,847doesn't fit

AMZN on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h259.25−0.072%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.26−0.069%$766K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.28−0.061%$28K$174K10xas long as short
Lighter RH AMZN+0.0032%1h259.56+0.047%$717K$1.5M10xas long as short
Arcus AMZN-USD+0.0040%1h259.28−0.061%$197K$241K10xas long as short
GRVT AMZN_USDT_Perp+0.0045%8h259.27−0.066%$13K$1.8M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.28−0.061%$104K25xas long as short
QFEX AMZN-USD+0.0049%1h259.37−0.026%$1.4M$4.2M10xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.23−0.080%$314K$284K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.41−0.011%$631$5K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMZN-USD.P+0.0050%1h259.08−0.138%$1.3M$1.2M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.16−0.107%$945K$2.4M10xas long as short
Hotstuff AMZN-PERP+0.0080%1h259.34−0.038%$33K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.30−0.053%$1.5M$591K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.21−0.088%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.36−0.030%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.33−0.044%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0106%8h259.50+0.024%$2.9M$4.5M20xas long as short
Bitget AMZNUSDT+0.0107%8h259.44+0.001%$4.8M$3.8M100xas long as short
Nado AMZN-PERP+0.0135%1h259.29−0.056%$414K$122K20xas long as short
Lighter AMZNshort+0.0184%1h259.52+0.032%$824K$1.1M20x
tradeXYZ xyz:AMZN+0.0190%1h259.36−0.030%$30.0M$11.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.23−0.080%$75K$27K30xas long as short
Variational Omni AMZN+0.0246%8h259.43−0.005%$1.7M$1.1Mas long as short
Extended AMZN_24_5-USD+0.0248%1h259.37−0.027%$498K$2.7M10xas long as short
Binance AMZNUSDTlong+0.0249%8h259.44long leg$16.2M$29.6M20x
Phoenix AMZN+0.0277%1h259.36−0.030%$5K$78K20xas long as short
Bybit AMZNUSDT+0.0290%8h259.54+0.039%$3.7M$3.1M100xas long as short
edgeX AMZNUSDC+0.0330%4h259.20−0.092%$28K$248K10xas long as short