Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0069%/8h= −7.6% APRpaid last 24h −0.073%

Price spread now: Lighter RH against Bybit−0.027%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on Bybit Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.027%, 7d avg −0.053%

Together, before fees−0.041%+ Points / potential airdropLighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.026% dearer against Bybit than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.053%): +$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 30 hours. At the pace of the last 7 days (−0.070% in total) that is about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMZNUSDT	260.15	0.0101	pay 0.0101% / 8h	2h 10m	$3.7M	$3.2M	100x
Short	Lighter RH AMZN	260.08	0.0032	get 0.0004% / 1h	10m 14s	$726K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bybit. 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 BybitbpFee Lighter RHbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$14.54
Price spread: −0.027% → −0.053%: $2.6
Slippage, 4 orders: −$18.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$41.71
Costs to cover: 0.298%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Lighter RH: live order book, 2 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 Bybit live order book, 2 min ago	1.54 bp	13.6 bp −$14	23.4 bp −$234	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.73 bp	2.1 bp −$2	6.4 bp −$64	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	260.01	−0.056%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.14	−0.004%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.93	−0.085%	$766K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.13	−0.008%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	260.14	−0.002%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.03	−0.046%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.90	−0.096%	$28K	$176K	10x	as long as short
Binance AMZNUSDT	+0.0015%	8h	260.11	−0.014%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	260.05	−0.038%	$499K	$3.1M	10x	as long as short
QFEX AMZN-USD	+0.0020%	1h	260.04	−0.042%	$1.4M	$3.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	−0.161%	$914K	$2.3M	10x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	260.08	−0.027%	$726K	$1.6M	10x
Arcus AMZN-USD	+0.0040%	1h	259.95	−0.077%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.90	−0.096%	—	$104K	25x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	259.96	−0.073%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.92	−0.088%	$321K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.04	−0.042%	$674	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.81	−0.131%	$1.3M	$1.2M	10x	as long as short
BloFin AMZN-USDT	+0.0057%	8h	260.01	−0.054%	$177K	$205K	20x	as long as short
Nado AMZN-PERP	+0.0095%	1h	259.88	−0.103%	$414K	$113K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.81	−0.131%	$1.5M	$463K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.85	−0.115%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.04	−0.042%	$1K	$320	10x	as long as short
Bybit AMZNUSDTlong	+0.0101%	8h	260.15	long leg	$3.7M	$3.2M	100x
Aevo AMZN-PERP	+0.0104%	1h	260.01	−0.054%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0136%	1h	260.06	−0.033%	$747K	$1.3M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0138%	1h	259.96	−0.073%	$30.0M	$11.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.19	+0.015%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	260.04	−0.042%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0261%	4h	260.04	−0.043%	$28K	$248K	10x	as long as short