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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter RH against Coinbase International+0.173%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.173%, 7d avg +0.090%
Together, before fees−0.290%+ Points / potential airdropLighter RH: Points live · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.084% dearer against Coinbase International than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.090%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.7 days. At the pace of the last 7 days (−0.135% in total) that is about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.540.0064pay 0.0008% / 1h32m 36s$915K$2.3M10x
ShortLighter RH AMZN259.990.0032get 0.0004% / 1h32m 36s$733K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
−$6.72
Price spread: +0.173% → +0.090%
$8.36
Slippage, 4 orders
−$10.8
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$19.16
Costs to cover
0.208%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Lighter RH: live order book, 5 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 Coinbase International live order book, 1 min ago1.92 bp7.8 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.73 bp3.2 bp −$37.4 bp −$74doesn't fitdoesn't fit

AMZN on 30 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%8h259.97+0.166%$202K$207K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.01+0.181%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.84+0.116%$764K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.03+0.189%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.06+0.200%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.88+0.131%$29K$172K10xas long as short
Variational Omni AMZN+0.0001%8h260.05+0.195%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0030%8h260.01+0.181%$16.0M$29.5M20xas long as short
Lighter RH AMZNshort+0.0032%1h259.99+0.173%$733K$1.6M10x
Extended AMZN_24_5-USD+0.0032%1h259.94+0.154%$498K$3.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.89+0.135%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.94+0.154%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.88+0.131%$321K$292K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.94+0.154%$679$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.70+0.062%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0050%1h259.95+0.158%$1.4M$3.6M10xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0064%1h259.54long leg$915K$2.3M10x
tradeXYZ xyz:AMZN+0.0080%1h259.84+0.116%$30.0M$11.2M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.79+0.096%$1.5M$404K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.87+0.127%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.00+0.177%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.97+0.167%$14K$51010xas long as short
BloFin AMZN-USDT+0.0120%8h260.01+0.181%$178K$301K20xas long as short
Nado AMZN-PERP+0.0168%1h259.92+0.147%$415K$113K20xas long as short
Hotstuff AMZN-PERP+0.0184%1h259.90+0.139%$33K20xas long as short
Bybit AMZNUSDT+0.0188%8h260.08+0.208%$4.0M$3.3M100xas long as short
Lighter AMZN+0.0216%1h259.96+0.161%$750K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.69+0.058%$75K$27K30xas long as short
edgeX AMZNUSDC+0.0224%4h259.97+0.166%$28K$249K10xas long as short
Phoenix AMZN+0.0277%1h259.97+0.166%$5K$78K20xas long as short