AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.061%

Price spread now: Lighter against Coinbase International−0.016%7-day average +0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$170.165% of the position

Long on Coinbase International Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.016%, 7d avg +0.099%

Together, before fees−0.037%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.115% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.099%). If the spread goes back, that is −$11 on $10k: about 6.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AMZN-PERP-INTX	259.92	0.0040	pay 0.0005% / 1h	3m 25s	$918K	$2.4M	10x
Short	Lighter AMZN	259.88	0.0104	get 0.0013% / 1h	3m 25s	$798K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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 Coinbase InternationalbpFee LighterbpOrdersPrice spread, now −0.016%Rate

Funding earned: $13.44
Price spread: −0.016% → +0.099%: −$11.48
Slippage, 4 orders: −$6.54
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$14.58
Costs to cover: 0.165%
Break-even: 14.6 days

Slippage from Coinbase International: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 5 min ago	2.50 bp	7.8 bp −$8	9.1 bp −$91	doesn't fit	doesn't fit
Sell Lighter live order book, 2 min ago	0.29 bp	0.6 bp −$1	0.9 bp −$9	53.4 bp −$5,338	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	259.86	−0.024%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.87	−0.019%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.72	−0.077%	$765K	$2.8M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.93	+0.004%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.86	−0.023%	$11K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.68	−0.092%	$28K	$175K	10x	as long as short
Variational Omni AMZN	+0.0029%	8h	259.93	+0.002%	$1.8M	$1.1M	—	as long as short
Lighter RH AMZN	+0.0032%	1h	259.86	−0.023%	$724K	$1.6M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.80	−0.046%	$1.4M	$3.7M	10x	as long as short
Coinbase International AMZN-PERP-INTXlong	+0.0040%	1h	259.92	long leg	$918K	$2.4M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.78	−0.054%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.83	−0.035%	—	$104K	25x	as long as short
Nado AMZN-PERP	+0.0047%	1h	259.76	−0.063%	$414K	$112K	20x	as long as short
Extended AMZN_24_5-USD	+0.0048%	1h	259.83	−0.034%	$501K	$3.1M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.75	−0.065%	$317K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.86	−0.023%	$683	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.62	−0.115%	$1.3M	$1.2M	10x	as long as short
Binance AMZNUSDT	+0.0051%	8h	259.90	−0.008%	$16.0M	$29.9M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0055%	1h	259.87	−0.019%	$29.9M	$11.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.69	−0.088%	$1.5M	$492K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.84	−0.031%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.82	−0.038%	$1K	$320	10x	as long as short
Lighter AMZNshort	+0.0104%	1h	259.88	−0.016%	$798K	$1.1M	20x
Aevo AMZN-PERP	+0.0104%	1h	259.81	−0.043%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0120%	8h	259.95	+0.012%	$3.7M	$3.2M	100x	as long as short
edgeX AMZNUSDC	+0.0134%	4h	259.81	−0.041%	$28K	$249K	10x	as long as short
Hotstuff AMZN-PERP	+0.0144%	1h	259.84	−0.031%	$33K	—	20x	as long as short
BloFin AMZN-USDT	+0.0174%	8h	259.86	−0.023%	$178K	$206K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.60	−0.123%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.97	+0.019%	$5K	$78K	20x	as long as short