Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.022%

Price spread now: Lighter RH against OKX0.000%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on OKX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 7 days−0.044%−$4 · spread now 0.000%, 7d avg −0.056%

Together, before fees−0.132%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.056% dearer against OKX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.056%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.088% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMZN-USDT-SWAP	259.75	0.0063	pay 0.0063% / 8h	4h 34m	$2.9M	$4.6M	20x
Short	Lighter RH AMZN	259.75	0.0048	get 0.0006% / 1h	34m 00s	$721K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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 OKXbpFee Lighter RHbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$3.07
Price spread: 0.000% → −0.056%: $5.58
Slippage, 4 orders: −$13.03
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$20.52
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Lighter RH: 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 OKX live order book, 4 min ago	0.96 bp	7.9 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	2.12 bp	2.1 bp −$2	6.4 bp −$64	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	259.53	−0.085%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.59	−0.062%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.79	+0.015%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.76	+0.004%	$16K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.50	−0.096%	$28K	$174K	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	−0.058%	$917K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.66	−0.035%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.63	−0.046%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.49	−0.100%	—	$104K	25x	as long as short
Lighter RH AMZNshort	+0.0048%	1h	259.75	0.000%	$721K	$1.5M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMZN-USD	+0.0050%	1h	259.60	−0.058%	$320K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.67	−0.031%	$650	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.51	−0.092%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAPlong	+0.0063%	8h	259.75	long leg	$2.9M	$4.6M	20x
Hotstuff AMZN-PERP	+0.0072%	1h	259.64	−0.042%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.59	−0.062%	$1.5M	$526K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.50	−0.096%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.72	−0.012%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.64	−0.043%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0134%	8h	259.74	−0.006%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDT	+0.0149%	8h	259.83	+0.031%	$3.7M	$3.2M	100x	as long as short
Binance AMZNUSDT	+0.0151%	8h	259.74	−0.004%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.68	−0.029%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0174%	1h	259.63	−0.046%	$29.8M	$11.1M	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.72	−0.012%	$5K	$77K	20x	as long as short
Nado AMZN-PERP	+0.0192%	1h	259.51	−0.093%	$415K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.43	−0.123%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0271%	8h	259.77	+0.008%	$180K	$204K	20x	as long as short
Lighter AMZN	+0.0280%	1h	259.73	−0.008%	$810K	$1.1M	20x	as long as short
edgeX AMZNUSDC	+0.0319%	4h	259.70	−0.018%	$28K	$248K	10x	as long as short