Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%

Price spread now: KuCoin against Lighter RH−0.073%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1351.354% of the position

Long on Lighter RH Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 7 days−0.013%−$1 · spread now −0.073%, 7d avg −0.040%

Together, before fees+0.116%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.033% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.040%). If the spread goes back, that is −$3 on $10k: about 39 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMZN	259.83	0.0032	pay 0.0004% / 1h	21m 44s	$724K	$1.5M	10x
Short	KuCoin AMZNUSDTM	259.64	0.0100	get 0.0100% / 8h	5h 21m	$1.5M	$557K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.073%Rate

Funding earned: $14.28
Price spread: −0.073% → −0.040%: −$3.33
Slippage, 4 orders: −$123.41
Fee Lighter RH: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$124.47
Costs to cover: 1.354%
Break-even: 68.0 days

Slippage from Lighter RH: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago	1.92 bp	2.4 bp −$2	5.6 bp −$56	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	5.58 bp	50.0 bp −$50	doesn't fit	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
Hotstuff AMZN-PERP	−0.0008%	1h	259.68	−0.058%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.73	−0.038%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.60	−0.089%	$764K	$2.7M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.83	+0.002%	$15K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.70	−0.050%	$28K	$174K	10x	as long as short
Bitget AMZNUSDT	+0.0014%	8h	259.89	+0.023%	$4.8M	$3.9M	100x	as long as short
Lighter RH AMZNlong	+0.0032%	1h	259.83	long leg	$724K	$1.5M	10x
QFEX AMZN-USD	+0.0033%	1h	259.76	−0.027%	$1.4M	$3.9M	10x	as long as short
Nado AMZN-PERP	+0.0039%	1h	259.71	−0.047%	$415K	$118K	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.70	−0.050%	$924K	$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	259.73	−0.038%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.71	−0.046%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.71	−0.046%	$29.9M	$11.5M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.65	−0.069%	$318K	$288K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.78	−0.019%	$639	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.66	−0.065%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0053%	8h	259.87	+0.015%	$2.9M	$4.5M	20x	as long as short
Lighter AMZN	+0.0072%	1h	259.82	−0.004%	$824K	$1.1M	20x	as long as short
KuCoin AMZNUSDTMshort	+0.0100%	8h	259.64	−0.073%	$1.5M	$557K	20x
ApeX Omni AMZNUSDT	+0.0100%	1h	259.70	−0.050%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.79	−0.015%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.75	−0.032%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0112%	8h	259.87	+0.015%	$3.8M	$3.2M	100x	as long as short
Variational Omni AMZN	+0.0148%	8h	259.85	+0.006%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0155%	8h	259.84	+0.004%	$16.1M	$29.5M	20x	as long as short
Extended AMZN_24_5-USD	+0.0160%	1h	259.77	−0.022%	$499K	$2.7M	10x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.50	−0.127%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0247%	1h	259.83	0.000%	$5K	$77K	20x	as long as short
BloFin AMZN-USDT	+0.0277%	8h	259.79	−0.015%	$180K	$215K	20x	as long as short
edgeX AMZNUSDC	+0.0477%	4h	259.82	−0.004%	$28K	$248K	10x	as long as short