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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.052%
Price spread now: Lighter against Coinbase International−0.030%7-day average +0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$160.163% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.030%, 7d avg +0.101%
Together, before fees−0.013%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.131% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.101%). If the spread goes back, that is −$13 on $10k: about 14 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX260.030.0048pay 0.0006% / 1h57m 04s$930K$2.5M10x
ShortLighter AMZN259.950.0080get 0.0010% / 1h57m 04s$726K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Coinbase International. 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
$6.72
Price spread: −0.030% → +0.101%
−$13.06
Slippage, 4 orders
−$6.33
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$22.67
Costs to cover
0.163%
Break-even
30.6 days
Slippage from Coinbase International: live order book, 5 min ago; Lighter: live order book, 2 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 Coinbase International live order book, 5 min ago2.12 bp8.0 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago0.29 bp0.3 bp $01.5 bp −$1567.9 bp −$6,788doesn't fit

AMZN on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AMZN-PERP−0.0032%1h259.98−0.019%$33K20xas long as short
Aster AMZNUSDT0.0000%8h260.07+0.014%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.84−0.073%$827K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.87−0.062%$37K$140K10xas long as short
Lighter RH AMZN+0.0032%1h259.96−0.027%$711K$1.5M10xas long as short
QFEX AMZN-USD+0.0041%1h260.05+0.008%$1.4M$3.5M10xas long as short
Bitget AMZNUSDT+0.0044%8h260.01−0.008%$5.0M$5.0M100xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.93−0.038%$104K25xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0048%1h260.03long leg$930K$2.5M10x
tradeXYZ xyz:AMZN+0.0050%1h259.83−0.077%$30.2M$11.7M20xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USD+0.0050%1h259.92−0.042%$317K$293K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.91−0.046%$703$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.95−0.031%$1.3M$1.0M10xas long as short
Lighter AMZNshort+0.0080%1h259.95−0.030%$726K$1.2M20x
OKX AMZN-USDT-SWAP+0.0088%8h260.030.000%$2.9M$4.9M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.89−0.054%$1.5M$531K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.89−0.054%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.23+0.077%$1K$1K10xas long as short
Aevo AMZN-PERP+0.0104%1h259.92−0.042%$14K$51010xas long as short
Arcus AMZN-USD+0.0105%1h259.89−0.054%$197K$207K10xas long as short
Nado AMZN-PERP+0.0157%1h259.97−0.022%$404K$115K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.73−0.115%$76K$23K30xas long as short
Phoenix AMZN+0.0276%1h260.18+0.058%$5K$95K20xas long as short
Variational Omni AMZN+0.0296%8h260.18+0.056%$1.8M$1.0Mas long as short
Extended AMZN_24_5-USD+0.0320%1h259.89−0.053%$494K$4.0M10xas long as short
Binance AMZNUSDT+0.0322%8h259.97−0.022%$16.5M$32.4M20xas long as short
Bybit AMZNUSDT+0.0401%8h260.09+0.023%$4.3M$3.7M100xas long as short
edgeX AMZNUSDC+0.0410%4h260.10+0.028%$28K$247K10xas long as short
BloFin AMZN-USDT+0.0444%8h260.19+0.062%$184K$318K20xas long as short
GRVT AMZN_USDT_Perp+0.0504%8h260.12+0.036%$17K$1.8M10xas long as short