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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 260.03 | 0.0048 | pay 0.0006% / 1h | 57m 04s | $930K | $2.5M | 10x |
| Short | Lighter AMZN | 259.95 | 0.0080 | get 0.0010% / 1h | 57m 04s | $726K | $1.2M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 5 min ago | 2.12 bp | 8.0 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.29 bp | 0.3 bp $0 | 1.5 bp −$15 | 67.9 bp −$6,788 | doesn't fit |
AMZN on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AMZN-PERP | −0.0032% | 1h | 259.98 | −0.019% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 260.07 | +0.014% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.84 | −0.073% | $827K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.87 | −0.062% | $37K | $140K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.96 | −0.027% | $711K | $1.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0041% | 1h | 260.05 | +0.008% | $1.4M | $3.5M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0044% | 8h | 260.01 | −0.008% | $5.0M | $5.0M | 100x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.93 | −0.038% | — | $104K | 25x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0048% | 1h | 260.03 | long leg | $930K | $2.5M | 10x | |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.83 | −0.077% | $30.2M | $11.7M | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.92 | −0.042% | $317K | $293K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.91 | −0.046% | $703 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.95 | −0.031% | $1.3M | $1.0M | 10x | as long as short |
| Lighter AMZNshort | +0.0080% | 1h | 259.95 | −0.030% | $726K | $1.2M | 20x | |
| OKX AMZN-USDT-SWAP | +0.0088% | 8h | 260.03 | 0.000% | $2.9M | $4.9M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.89 | −0.054% | $1.5M | $531K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.89 | −0.054% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.23 | +0.077% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.92 | −0.042% | $14K | $510 | 10x | as long as short |
| Arcus AMZN-USD | +0.0105% | 1h | 259.89 | −0.054% | $197K | $207K | 10x | as long as short |
| Nado AMZN-PERP | +0.0157% | 1h | 259.97 | −0.022% | $404K | $115K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.73 | −0.115% | $76K | $23K | 30x | as long as short |
| Phoenix AMZN | +0.0276% | 1h | 260.18 | +0.058% | $5K | $95K | 20x | as long as short |
| Variational Omni AMZN | +0.0296% | 8h | 260.18 | +0.056% | $1.8M | $1.0M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0320% | 1h | 259.89 | −0.053% | $494K | $4.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0322% | 8h | 259.97 | −0.022% | $16.5M | $32.4M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0401% | 8h | 260.09 | +0.023% | $4.3M | $3.7M | 100x | as long as short |
| edgeX AMZNUSDC | +0.0410% | 4h | 260.10 | +0.028% | $28K | $247K | 10x | as long as short |
| BloFin AMZN-USDT | +0.0444% | 8h | 260.19 | +0.062% | $184K | $318K | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0504% | 8h | 260.12 | +0.036% | $17K | $1.8M | 10x | as long as short |
Coinbase International AMZN-PERP-INTX
Lighter AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Bitget AMZNUSDT
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Bybit AMZNUSDT
edgeX AMZNUSDC
BloFin AMZN-USDT
GRVT AMZN_USDT_Perp