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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h +0.022%
Price spread now: OKX against Lighter RH−0.019%7-day average +0.027% · 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−$180.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.019%, 7d avg +0.027%
Together, before fees+0.175%+ Points / potential airdropLighter RH: Points live · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.027%). If the spread goes back, that is −$5 on $10k: about 46 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AMZN259.480.0032pay 0.0004% / 1h58m 55s$718K$1.5M10x
ShortOKX AMZN-USDT-SWAP259.430.0113get 0.0113% / 8h6h 58m$2.9M$4.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$16.95
Price spread: −0.019% → +0.027%
−$4.67
Slippage, 4 orders
−$7.6
Fee Lighter RH: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$5.31
Costs to cover
0.176%
Break-even
9.2 days
Slippage from Lighter RH: live order book, 4 min ago; OKX: 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, 4 min ago2.51 bp2.8 bp −$38.0 bp −$80doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.19 bp7.1 bp −$715.1 bp −$151doesn'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%8h259.26−0.085%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.27−0.081%$766K$2.6M100xas long as short
Lighter RH AMZNlong+0.0032%1h259.48long leg$718K$1.5M10x
Vest AMZN-USD-PERP+0.0046%1h259.26−0.085%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.28−0.077%$312K$284K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.44−0.015%$638$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.17−0.119%$1.3M$1.2M10xas long as short
GRVT AMZN_USDT_Perp+0.0055%8h259.47−0.004%$12K$1.8M10xas long as short
QFEX AMZN-USD+0.0055%1h259.38−0.039%$1.4M$4.3M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.27−0.081%$940K$2.4M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AMZNUSDTM+0.0100%8h259.21−0.104%$1.5M$602K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.28−0.077%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.47−0.004%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.38−0.039%$14K$51010xas long as short
OKX AMZN-USDT-SWAPshort+0.0113%8h259.43−0.019%$2.9M$4.4M20x
Deribit AMZN_USDC-PERPETUAL+0.0136%1h259.33−0.058%$28K$173K10xas long as short
Hotstuff AMZN-PERP+0.0136%1h259.40−0.031%$33K20xas long as short
Bitget AMZNUSDT+0.0180%8h259.45−0.012%$4.8M$3.8M100xas long as short
Nado AMZN-PERP+0.0184%1h259.25−0.088%$414K$122K20xas long as short
Lighter AMZN+0.0216%1h259.46−0.008%$825K$1.1M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.79+0.119%$75K$27K30xas long as short
Bybit AMZNUSDT+0.0243%8h259.57+0.035%$3.7M$3.2M100xas long as short
Arcus AMZN-USD+0.0254%1h259.36−0.046%$197K$241K10xas long as short
Variational Omni AMZN+0.0257%8h259.49+0.002%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0263%8h259.47−0.005%$16.2M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0264%1h259.39−0.036%$498K$2.7M10xas long as short
tradeXYZ xyz:AMZN+0.0288%1h259.41−0.027%$29.4M$10.9M20xas long as short
Phoenix AMZN+0.0339%1h259.52+0.015%$5K$77K20xas long as short
BloFin AMZN-USDT+0.0383%8h259.40−0.031%$177K$214K20xas long as short
edgeX AMZNUSDC+0.0974%4h259.45−0.011%$28K$249K10xas long as short