Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%

Price spread now: Lighter RH against Extended+0.031%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$190.186% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 7 days+0.068%+$7 · spread now +0.031%, 7d avg −0.025%

Together, before fees−0.007%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.056% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMZN_24_5-USD	259.96	0.0032	pay 0.0004% / 1h	32m 49s	$498K	$3.0M	10x
Short	Lighter RH AMZN	260.04	0.0032	get 0.0004% / 1h	32m 49s	$734K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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 ExtendedbpFee Lighter RHbpOrdersPrice spread, now +0.031%Rate

Funding earned: $0
Price spread: +0.031% → −0.025%: $5.59
Slippage, 4 orders: −$13.59
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$12.99
Costs to cover: 0.186%
Break-even: never at this rate

Slippage from Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 1 min ago	0.77 bp	6.8 bp −$7	47.9 bp −$479	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	1.73 bp	3.2 bp −$3	7.4 bp −$74	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	259.98	+0.007%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.06	+0.039%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.84	−0.046%	$764K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.03	+0.027%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.06	+0.039%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.88	−0.031%	$29K	$172K	10x	as long as short
Variational Omni AMZN	+0.0001%	8h	260.05	+0.033%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0030%	8h	260.01	+0.019%	$16.0M	$29.5M	20x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	260.04	+0.031%	$734K	$1.6M	10x
Extended AMZN_24_5-USDlong	+0.0032%	1h	259.96	long leg	$498K	$3.0M	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	259.90	−0.023%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.94	−0.008%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.88	−0.031%	$321K	$292K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.94	−0.008%	$679	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.68	−0.108%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.97	+0.004%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.54	−0.161%	$915K	$2.3M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0080%	1h	259.84	−0.046%	$30.0M	$11.2M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.80	−0.061%	$1.5M	$404K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.87	−0.035%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.00	+0.016%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.97	+0.006%	$14K	$510	10x	as long as short
BloFin AMZN-USDT	+0.0120%	8h	260.01	+0.019%	$178K	$301K	20x	as long as short
Nado AMZN-PERP	+0.0168%	1h	259.92	−0.015%	$415K	$113K	20x	as long as short
Hotstuff AMZN-PERP	+0.0184%	1h	259.90	−0.023%	$33K	—	20x	as long as short
Bybit AMZNUSDT	+0.0187%	8h	260.08	+0.046%	$4.0M	$3.3M	100x	as long as short
Lighter AMZN	+0.0216%	1h	259.96	−0.001%	$750K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.69	−0.104%	$75K	$27K	30x	as long as short
edgeX AMZNUSDC	+0.0224%	4h	259.97	+0.004%	$28K	$249K	10x	as long as short
Phoenix AMZN	+0.0277%	1h	259.97	+0.004%	$5K	$78K	20x	as long as short