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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter RH against Coinbase International+0.004%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$210.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.004%, 7d avg +0.090%
Together, before fees−0.120%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.086% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.880.0064pay 0.0008% / 1h6m 20s$916K$2.3M10x
ShortLighter RH AMZN259.890.0032get 0.0004% / 1h6m 20s$727K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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: +0.004% → +0.090%
−$8.59
Slippage, 4 orders
−$11.09
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$36.4
Costs to cover
0.211%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Lighter RH: live order book, 1 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, 2 min ago2.12 bp8.7 bp −$910.6 bp −$106doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago1.73 bp2.5 bp −$210.2 bp −$102doesn't fitdoesn'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
Hotstuff AMZN-PERP−0.0040%1h259.80−0.031%$33K20xas long as short
Aster AMZNUSDT0.0000%8h260.02+0.054%$203K$208K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.97+0.035%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.76−0.046%$766K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.00+0.046%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h260.01+0.052%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.00+0.045%$10K$1.8M10xas long as short
Extended AMZN_24_5-USD+0.0024%1h259.91+0.011%$498K$3.0M10xas long as short
Binance AMZNUSDT+0.0029%8h259.96+0.032%$16.0M$29.5M20xas long as short
Lighter RH AMZNshort+0.0032%1h259.89+0.004%$727K$1.6M10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.84−0.015%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.78−0.038%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.83−0.019%$30.0M$11.2M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.80−0.031%$321K$287K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.89+0.004%$684$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.70−0.069%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0050%1h259.90+0.008%$1.4M$3.6M10xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0058%1h259.76−0.046%$29K$173K10xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0064%1h259.88long leg$916K$2.3M10x
KuCoin AMZNUSDTM+0.0100%8h259.77−0.042%$1.5M$392K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.76−0.046%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.92+0.015%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h259.88−0.002%$14K$51010xas long as short
BloFin AMZN-USDT+0.0110%8h259.95+0.027%$178K$301K20xas long as short
Nado AMZN-PERP+0.0125%1h259.70−0.068%$414K$114K20xas long as short
Lighter AMZN+0.0168%1h259.88+0.001%$749K$1.3M20xas long as short
Bybit AMZNUSDT+0.0189%8h260.09+0.081%$4.0M$3.3M100xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.30−0.223%$75K$27K30xas long as short
Phoenix AMZN+0.0277%1h259.97+0.035%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0497%4h259.99+0.041%$28K$248K10xas long as short