Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.033%

Price spread now: Lighter RH against Binance+0.005%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$160.164% of the position

Long on Binance Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.078%−$8 on $10k

Price spread, last 7 days−0.053%−$5 · spread now +0.005%, 7d avg −0.050%

Together, before fees−0.132%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.055% dearer against Binance than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.050%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.078% in total) that is about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AMZNUSDT	259.73	0.0126	pay 0.0126% / 8h	4h 11m	$16.1M	$29.6M	20x
Short	Lighter RH AMZN	259.74	0.0032	get 0.0004% / 1h	11m 45s	$722K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Position, each leg$Hold fordaysFee BinancebpFee Lighter RHbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$19.72
Price spread: +0.005% → −0.050%: $5.49
Slippage, 4 orders: −$6.42
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$30.65
Costs to cover: 0.164%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Lighter RH: live order book, 1 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 Binance live order book, 15 min ago	0.19 bp	6.1 bp −$6	11.3 bp −$113	49.5 bp −$4,950	doesn't fit
Sell Lighter RH live order book, 1 min ago	1.35 bp	1.5 bp −$1	5.9 bp −$59	doesn't fit	doesn't fit

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	259.59	−0.051%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.56	−0.064%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.78	+0.021%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.73	+0.002%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.51	−0.083%	$28K	$174K	10x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	259.74	+0.005%	$722K	$1.5M	10x
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	−0.049%	$917K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.66	−0.026%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.60	−0.049%	$197K	$240K	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0041%	8h	259.79	+0.025%	$2.9M	$4.7M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMZN-USD-PERP	+0.0046%	1h	259.57	−0.060%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.54	−0.072%	$322K	$277K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.66	−0.026%	$667	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.52	−0.079%	$1.3M	$1.2M	10x	as long as short
Hotstuff AMZN-PERP	+0.0064%	1h	259.63	−0.037%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.62	−0.041%	$1.5M	$507K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.56	−0.064%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.66	−0.026%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.63	−0.037%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0114%	8h	259.75	+0.011%	$1.8M	$1.1M	—	as long as short
tradeXYZ xyz:AMZN	+0.0121%	1h	259.64	−0.033%	$29.8M	$11.0M	20x	as long as short
Binance AMZNUSDTlong	+0.0126%	8h	259.73	long leg	$16.1M	$29.6M	20x
Extended AMZN_24_5-USD	+0.0128%	1h	259.65	−0.028%	$498K	$2.7M	10x	as long as short
Bybit AMZNUSDT	+0.0138%	8h	259.81	+0.032%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0141%	1h	259.57	−0.060%	$415K	$112K	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.71	−0.006%	$5K	$77K	20x	as long as short
Lighter AMZN	+0.0208%	1h	259.71	−0.004%	$809K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.44	−0.110%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0249%	8h	259.76	+0.013%	$179K	$204K	20x	as long as short
edgeX AMZNUSDC	+0.0711%	4h	259.69	−0.012%	$28K	$249K	10x	as long as short