Funding you earn now, next payment 08:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against Arcus+0.060%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.212% of the position
Funding, last 4 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.060%, 7d avg +0.060%
=Together, before fees+0.025%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.014% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMZN-USD | 259.89 | 0.0040 | pay 0.0005% / 1h | 34m 32s | $197K | $240K | 10x |
| Short | Lighter AMZN | 260.05 | 0.0224 | get 0.0028% / 1h | 34m 32s | $750K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.58
- Price spread: +0.060% → +0.060%
- $0.03
- Slippage, 4 orders
- −$16.69
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $17.43
- Costs to cover
- 0.212%
- Break-even
- 3.8 days
Slippage from Arcus: live order book, 4 min ago; Lighter: 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 Arcus live order book, 4 min ago | 4.23 bp | 10.3 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.19 bp | 0.4 bp $0 | 3.0 bp −$30 | 66.0 bp −$6,599 | 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 | 260.05 | +0.060% | $202K | $207K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 260.02 | +0.050% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.87 | −0.008% | $765K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.03 | +0.054% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 260.06 | +0.064% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.86 | −0.012% | $29K | $172K | 10x | as long as short |
| Variational Omni AMZN | +0.0001% | 8h | 260.05 | +0.060% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDT | +0.0030% | 8h | 260.06 | +0.065% | $16.0M | $29.5M | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.06 | +0.065% | $734K | $1.6M | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0032% | 1h | 259.99 | +0.038% | $498K | $3.0M | 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-USDlong | +0.0040% | 1h | 259.89 | long leg | $197K | $240K | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.91 | +0.008% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.90 | +0.004% | $321K | $292K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.99 | +0.038% | $680 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.68 | −0.081% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0050% | 1h | 259.97 | +0.031% | $1.4M | $3.6M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.54 | −0.135% | $915K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0088% | 1h | 259.90 | +0.004% | $30.0M | $11.2M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.83 | −0.023% | $1.5M | $406K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.78 | −0.042% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.00 | +0.042% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.97 | +0.033% | $14K | $510 | 10x | as long as short |
| BloFin AMZN-USDT | +0.0120% | 8h | 260.05 | +0.062% | $177K | $301K | 20x | as long as short |
| Nado AMZN-PERP | +0.0174% | 1h | 259.89 | −0.001% | $415K | $113K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0184% | 1h | 259.90 | +0.004% | $33K | — | 20x | as long as short |
| Bybit AMZNUSDT | +0.0187% | 8h | 260.16 | +0.104% | $4.0M | $3.3M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.69 | −0.077% | $75K | $27K | 30x | as long as short |
| Lighter AMZNshort | +0.0224% | 1h | 260.05 | +0.060% | $750K | $1.3M | 20x | |
| edgeX AMZNUSDC | +0.0224% | 4h | 259.97 | +0.031% | $28K | $249K | 10x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.93 | +0.015% | $5K | $78K | 20x | as long as short |
Lighter AMZN
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Variational Omni AMZN
Binance AMZNUSDT
Lighter RH AMZN
Extended AMZN_24_5-USD
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Coinbase International AMZN-PERP-INTX
tradeXYZ xyz:AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
BloFin AMZN-USDT
Bybit AMZNUSDT
Injective AMZN/USDC PERP
edgeX AMZNUSDC
Phoenix AMZN