AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.058%

Price spread now: Deribit against Lighter−0.077%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$150.151% of the position

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.077%, 7d avg −0.043%

Together, before fees+0.148%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.034% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.043%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AMZN	259.88	0.0104	pay 0.0013% / 1h	3m 34s	$798K	$1.1M	20x
Short	Deribit AMZN_USDC-PERPETUAL	259.68	0	get 0.0000% / 1h	3m 34s	$28K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$21.84
Price spread: −0.077% → −0.043%: −$3.37
Slippage, 4 orders: −$8.09
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$40.3
Costs to cover: 0.151%
Break-even: never at this rate

Slippage from Lighter: live order book, 2 min ago; Deribit: live order book, 50 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, 2 min ago	0.29 bp	0.6 bp −$1	3.3 bp −$33	65.2 bp −$6,521	doesn't fit
Sell Deribit live order book, 50 min ago	0.19 bp	3.7 bp −$4	3.8 bp −$38	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	259.85	−0.011%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.87	−0.003%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.72	−0.061%	$765K	$2.8M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.92	+0.016%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.86	−0.007%	$11K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUALshort	0.0000%	1h	259.68	−0.077%	$28K	$175K	10x
Variational Omni AMZN	+0.0029%	8h	259.93	+0.018%	$1.8M	$1.1M	—	as long as short
Lighter RH AMZN	+0.0032%	1h	259.86	−0.007%	$724K	$1.6M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.80	−0.030%	$1.4M	$3.7M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.92	+0.016%	$918K	$2.4M	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	259.78	−0.038%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.83	−0.019%	—	$104K	25x	as long as short
Nado AMZN-PERP	+0.0047%	1h	259.76	−0.047%	$414K	$112K	20x	as long as short
Extended AMZN_24_5-USD	+0.0048%	1h	259.81	−0.025%	$501K	$3.1M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.75	−0.050%	$317K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.85	−0.011%	$684	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.62	−0.100%	$1.3M	$1.2M	10x	as long as short
Binance AMZNUSDT	+0.0051%	8h	259.89	+0.005%	$16.0M	$29.9M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0055%	1h	259.87	−0.003%	$29.9M	$11.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.67	−0.080%	$1.5M	$492K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.84	−0.015%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.82	−0.023%	$1K	$320	10x	as long as short
Lighter AMZNlong	+0.0104%	1h	259.88	long leg	$798K	$1.1M	20x
Aevo AMZN-PERP	+0.0104%	1h	259.78	−0.040%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0120%	8h	259.93	+0.020%	$3.7M	$3.2M	100x	as long as short
edgeX AMZNUSDC	+0.0134%	4h	259.81	−0.026%	$28K	$249K	10x	as long as short
Hotstuff AMZN-PERP	+0.0144%	1h	259.84	−0.015%	$33K	—	20x	as long as short
BloFin AMZN-USDT	+0.0174%	8h	259.86	−0.007%	$178K	$206K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.60	−0.107%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.97	+0.035%	$5K	$78K	20x	as long as short