Funding you earn now, next payment 02:00 UTC+0.0443%/8h= +48.5% APRnext payment +$0.55 per $10,000 · paid last 24h +0.050%
Price spread now: Lighter against Deribit+0.100%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$120.119% of the position
Funding, last 5 days (all we have)−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.138%−$14 · spread now +0.100%, 7d avg +0.042%
=Together, before fees−0.143%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Lighter is 0.058% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.005% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMZN_USDC-PERPETUAL | 259.32 | −0.0251 | get 0.0031% / 1h | 13m 50s | $28K | $174K | 10x |
| Short | Lighter AMZN | 259.58 | 0.0192 | get 0.0024% / 1h | 13m 50s | $824K | $1.1M | 20x |
Deribit AMZN_USDC-PERPETUAL
Lighter AMZNFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $93.04
- Price spread: +0.100% → +0.042%
- $5.84
- Slippage, 4 orders
- −$4.88
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $87.01
- Costs to cover
- 0.119%
- Break-even
- 0.5 days
Slippage from Deribit: live order book, 55 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 Deribit live order book, 55 min ago | 0.19 bp | 7.1 bp −$7 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.14 bp | 0.6 bp −$1 | 1.2 bp −$12 | 73.1 bp −$7,305 | doesn't fit |
AMZN on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AMZN_USDC-PERPETUALlong | −0.0251% | 1h | 259.32 | long leg | $28K | $174K | 10x | |
| Aster AMZNUSDT | 0.0000% | 8h | 259.50 | +0.069% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.39 | +0.027% | $767K | $2.6M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.60 | +0.108% | $717K | $1.5M | 10x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0036% | 8h | 259.57 | +0.096% | $11K | $1.8M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.43 | +0.042% | $197K | $241K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.45 | +0.050% | — | $104K | 25x | as long as short |
| QFEX AMZN-USD | +0.0049% | 1h | 259.46 | +0.054% | $1.4M | $4.2M | 10x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.35 | +0.012% | $317K | $287K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.49 | +0.066% | $634 | $5K | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Lighter RH AMZN
GRVT AMZN_USDT_Perp
Arcus AMZN-USD
Vest AMZN-USD-PERP
QFEX AMZN-USD
Polymarket Perps AMZN-USD
SoDEX AMZN-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.31 | −0.004% | $1.3M | $1.2M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0072% | 1h | 259.26 | −0.023% | $938K | $2.4M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0088% | 8h | 259.60 | +0.108% | $4.8M | $3.8M | 100x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0098% | 8h | 259.57 | +0.096% | $2.9M | $4.5M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.46 | +0.054% | $1.5M | $586K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.39 | +0.027% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.50 | +0.069% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.47 | +0.058% | $14K | $510 | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0116% | 1h | 259.48 | +0.062% | $29.8M | $11.3M | 20x | as long as short |
| Nado AMZN-PERP | +0.0136% | 1h | 259.46 | +0.055% | $414K | $122K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0164% | 4h | 259.52 | +0.079% | $28K | $249K | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0176% | 1h | 259.46 | +0.054% | $33K | — | 20x | as long as short |
| Lighter AMZNshort | +0.0192% | 1h | 259.58 | +0.100% | $824K | $1.1M | 20x | |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.37 | +0.019% | $75K | $27K | 30x | as long as short |
| Variational Omni AMZN | +0.0236% | 8h | 259.54 | +0.083% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDT | +0.0237% | 8h | 259.56 | +0.093% | $16.1M | $29.7M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0240% | 1h | 259.50 | +0.068% | $498K | $2.7M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0271% | 8h | 259.67 | +0.135% | $3.8M | $3.2M | 100x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.50 | +0.069% | $5K | $78K | 20x | as long as short |
Ondo Perps AMZN-USD.P
Coinbase International AMZN-PERP-INTX
Bitget AMZNUSDT
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
tradeXYZ xyz:AMZN
Nado AMZN-PERP
edgeX AMZNUSDC
Hotstuff AMZN-PERP
Injective AMZN/USDC PERP
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bybit AMZNUSDT
Phoenix AMZN