Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h +0.005%

Price spread now: BloFin against Lighter+0.020%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$130.130% of the position

Long on Lighter Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.115%+$12 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.020%, 7d avg +0.012%

Together, before fees+0.165%+ Points / potential airdropLighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.115%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AMZN	259.96	0.0216	pay 0.0027% / 1h	32m 34s	$750K	$1.3M	20x
Short	BloFin AMZN-USDT	260.01	0.0120	get 0.0120% / 8h	32m 34s	$178K	$301K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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 LighterbpFee BloFinbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$20.16
Price spread: +0.020% → +0.012%: $0.88
Slippage, 4 orders: −$1.02
Fee Lighter: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$32.29
Costs to cover: 0.130%
Break-even: never at this rate

Slippage from Lighter: live order book, 3 min ago; BloFin: live order book, 39 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 Lighter live order book, 3 min ago	0.06 bp	0.2 bp $0	1.0 bp −$10	72.8 bp −$7,284	doesn't fit
Sell BloFin live order book, 39 min ago	0.19 bp	6.2 bp −$6	11.3 bp −$113	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	259.97	+0.005%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.01	+0.020%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.84	−0.045%	$764K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.03	+0.028%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.06	+0.040%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.88	−0.030%	$29K	$172K	10x	as long as short
Variational Omni AMZN	+0.0001%	8h	260.05	+0.034%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0030%	8h	260.01	+0.020%	$16.0M	$29.5M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.99	+0.013%	$733K	$1.6M	10x	as long as short
Extended AMZN_24_5-USD	+0.0032%	1h	259.94	−0.007%	$498K	$3.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.89	−0.026%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.94	−0.007%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.88	−0.030%	$321K	$292K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.94	−0.007%	$679	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.70	−0.099%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.95	−0.003%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.54	−0.160%	$915K	$2.3M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0080%	1h	259.84	−0.045%	$30.0M	$11.2M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.79	−0.064%	$1.5M	$404K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.87	−0.033%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.00	+0.017%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.97	+0.007%	$14K	$510	10x	as long as short
BloFin AMZN-USDTshort	+0.0120%	8h	260.01	+0.020%	$178K	$301K	20x
Nado AMZN-PERP	+0.0168%	1h	259.92	−0.014%	$415K	$113K	20x	as long as short
Hotstuff AMZN-PERP	+0.0184%	1h	259.90	−0.022%	$33K	—	20x	as long as short
Bybit AMZNUSDT	+0.0188%	8h	260.08	+0.047%	$4.0M	$3.3M	100x	as long as short
Lighter AMZNlong	+0.0216%	1h	259.96	long leg	$750K	$1.3M	20x
Injective AMZN/USDC PERP	+0.0220%	1h	259.69	−0.103%	$75K	$27K	30x	as long as short
edgeX AMZNUSDC	+0.0224%	4h	259.97	+0.005%	$28K	$249K	10x	as long as short
Phoenix AMZN	+0.0277%	1h	259.97	+0.005%	$5K	$78K	20x	as long as short