Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.006%
Price spread now: Coinbase International against Lighter RH−0.138%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.137%+$14 on $10k
Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.138%, 7d avg −0.090%
Together, before fees+0.286%+ Points / potential airdropLighter RH: Points live · farm board+$29 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: Coinbase International is 0.049% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AMZN260.090.0032pay 0.0004% / 1h9m 22s$726K$1.6M10x
ShortCoinbase International AMZN-PERP-INTX259.730.0024get 0.0003% / 1h9m 22s$914K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
−$1.68
Price spread: −0.138% → −0.090%
−$4.88
Slippage, 4 orders
−$10.94
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$27.5
Costs to cover
0.209%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.73 bp2.7 bp −$37.6 bp −$76doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago1.54 bp8.6 bp −$911.1 bp −$111doesn't fitdoesn't fit

AMZN on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h260.01−0.031%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.17+0.031%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.95−0.054%$767K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h260.13+0.015%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h260.14+0.021%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.07−0.008%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.87−0.085%$28K$176K10xas long as short
Binance AMZNUSDT+0.0016%8h260.13+0.016%$15.9M$29.9M20xas long as short
Extended AMZN_24_5-USD+0.0016%1h260.05−0.017%$499K$3.1M10xas long as short
QFEX AMZN-USD+0.0020%1h260.04−0.019%$1.4M$3.7M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTXshort+0.0024%1h259.73−0.138%$914K$2.3M10x
Lighter RH AMZNlong+0.0032%1h260.09long leg$726K$1.6M10x
Arcus AMZN-USD+0.0040%1h259.95−0.054%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.90−0.073%$104K25xas long as short
Hotstuff AMZN-PERP+0.0048%1h259.97−0.046%$33K20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.92−0.065%$321K$285K10xas long as short
SoDEX AMZN-USD+0.0050%1h260.04−0.019%$674$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.81−0.108%$1.3M$1.2M10xas long as short
BloFin AMZN-USDT+0.0057%8h260.01−0.031%$177K$205K20xas long as short
Nado AMZN-PERP+0.0097%1h259.87−0.083%$414K$113K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.82−0.104%$1.5M$463K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.87−0.085%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.04−0.019%$1K$32010xas long as short
Bybit AMZNUSDT+0.0103%8h260.16+0.027%$3.7M$3.2M100xas long as short
Aevo AMZN-PERP+0.0104%1h260.00−0.033%$14K$51010xas long as short
tradeXYZ xyz:AMZN+0.0138%1h259.98−0.042%$30.0M$11.3M20xas long as short
Lighter AMZN+0.0144%1h260.06−0.012%$747K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.26+0.065%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h260.04−0.019%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0838%4h260.08−0.005%$28K$248K10xas long as short