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

AMZN

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AMZN-USD259.890.0040pay 0.0005% / 1h34m 32s$197K$240K10x
ShortLighter AMZN260.050.0224get 0.0028% / 1h34m 32s$750K$1.3M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 4 min ago4.23 bp10.3 bp −$1015.1 bp −$151doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.19 bp0.4 bp $03.0 bp −$3066.0 bp −$6,599doesn'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%8h260.05+0.060%$202K$207K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.02+0.050%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.87−0.008%$765K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.03+0.054%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.06+0.064%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.86−0.012%$29K$172K10xas long as short
Variational Omni AMZN+0.0001%8h260.05+0.060%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0030%8h260.06+0.065%$16.0M$29.5M20xas long as short
Lighter RH AMZN+0.0032%1h260.06+0.065%$734K$1.6M10xas long as short
Extended AMZN_24_5-USD+0.0032%1h259.99+0.038%$498K$3.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USDlong+0.0040%1h259.89long leg$197K$240K10x
Vest AMZN-USD-PERP+0.0046%1h259.91+0.008%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.90+0.004%$321K$292K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.99+0.038%$680$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.68−0.081%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0050%1h259.97+0.031%$1.4M$3.6M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0064%1h259.54−0.135%$915K$2.3M10xas long as short
tradeXYZ xyz:AMZN+0.0088%1h259.90+0.004%$30.0M$11.2M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.83−0.023%$1.5M$406K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.78−0.042%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.00+0.042%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.97+0.033%$14K$51010xas long as short
BloFin AMZN-USDT+0.0120%8h260.05+0.062%$177K$301K20xas long as short
Nado AMZN-PERP+0.0174%1h259.89−0.001%$415K$113K20xas long as short
Hotstuff AMZN-PERP+0.0184%1h259.90+0.004%$33K20xas long as short
Bybit AMZNUSDT+0.0187%8h260.16+0.104%$4.0M$3.3M100xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.69−0.077%$75K$27K30xas long as short
Lighter AMZNshort+0.0224%1h260.05+0.060%$750K$1.3M20x
edgeX AMZNUSDC+0.0224%4h259.97+0.031%$28K$249K10xas long as short
Phoenix AMZN+0.0277%1h259.93+0.015%$5K$78K20xas long as short