Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.033%

Price spread now: Binance against Lighter RH−0.008%7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$170.166% of the position

Long on Lighter RH Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.078%+$8 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.008%, 7d avg +0.049%

Together, before fees+0.141%+ Points / potential airdropLighter RH: Points live · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.057% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.049%). If the spread goes back, that is −$6 on $10k: about 8.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMZN	259.85	0.0032	pay 0.0004% / 1h	5m 05s	$724K	$1.6M	10x
Short	Binance AMZNUSDT	259.83	0.0054	get 0.0054% / 8h	3h 05m	$16.0M	$29.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Lighter RH. 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 Lighter RHbpFee BinancebpOrdersPrice spread, now −0.008%Rate

Funding earned: $4.55
Price spread: −0.008% → +0.049%: −$5.69
Slippage, 4 orders: −$6.59
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$17.73
Costs to cover: 0.166%
Break-even: 34.3 days

Slippage from Lighter RH: live order book, 3 min ago; Binance: live order book, 6 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 RH live order book, 3 min ago	2.12 bp	2.4 bp −$2	6.4 bp −$64	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.19 bp	6.1 bp −$6	11.1 bp −$111	51.7 bp −$5,167	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	259.86	+0.003%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.89	+0.015%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.83	−0.008%	$765K	$2.8M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.88	+0.012%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.97	+0.046%	$11K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.70	−0.058%	$28K	$175K	10x	as long as short
Variational Omni AMZN	+0.0029%	8h	259.93	+0.029%	$1.8M	$1.1M	—	as long as short
Lighter RH AMZNlong	+0.0032%	1h	259.85	long leg	$724K	$1.6M	10x
QFEX AMZN-USD	+0.0040%	1h	259.79	−0.023%	$1.4M	$3.7M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.92	+0.027%	$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	259.81	−0.015%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.75	−0.038%	—	$104K	25x	as long as short
Nado AMZN-PERP	+0.0047%	1h	259.74	−0.042%	$414K	$112K	20x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	259.77	−0.031%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.70	−0.058%	$317K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.79	−0.023%	$688	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.62	−0.089%	$1.3M	$1.2M	10x	as long as short
Binance AMZNUSDTshort	+0.0054%	8h	259.83	−0.008%	$16.0M	$29.9M	20x
Extended AMZN_24_5-USD	+0.0056%	1h	259.76	−0.033%	$501K	$3.1M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0057%	1h	259.80	−0.019%	$29.9M	$11.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.66	−0.073%	$1.5M	$495K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.84	−0.004%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.82	−0.012%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.77	−0.033%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0112%	1h	259.86	+0.005%	$798K	$1.1M	20x	as long as short
Bybit AMZNUSDT	+0.0125%	8h	259.93	+0.031%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0174%	8h	259.86	+0.004%	$178K	$206K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.60	−0.096%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	260.01	+0.062%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0401%	4h	259.91	+0.025%	$28K	$248K	10x	as long as short