Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.010%
Price spread now: Lighter RH against Deribit+0.065%7-day average +0.034% · 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−$14as in the Price arb table
costs, in and out, $10k−$170.175% of the position
Funding, last 5 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.065%, 7d avg +0.034%
=Together, before fees−0.230%+ Points / potential airdropLighter RH: Points live · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.032% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 5 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMZN_USDC-PERPETUAL | 259.74 | 0 | get 0.0000% / 1h | 39m 31s | $28K | $175K | 10x |
| Short | Lighter RH AMZN | 259.91 | 0.0032 | get 0.0004% / 1h | 39m 31s | $721K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Deribit. 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: +0.065% → +0.034%
- $3.19
- Slippage, 4 orders
- −$10.49
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.58
- Costs to cover
- 0.175%
- Break-even
- 14.9 days
Slippage from Deribit: live order book, 14 min ago; Lighter RH: live order book, 3 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 Deribit live order book, 14 min ago | 0.19 bp | 10.2 bp −$10 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.54 bp | 1.8 bp −$2 | 7.4 bp −$74 | doesn't fit | 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 | 259.77 | +0.013% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.75 | +0.004% | $764K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.93 | +0.073% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.88 | +0.054% | $14K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALlong | 0.0000% | 1h | 259.74 | long leg | $28K | $175K | 10x | |
| OKX AMZN-USDT-SWAP | +0.0019% | 8h | 259.93 | +0.073% | $2.9M | $4.7M | 20x | as long as short |
| Lighter RH AMZNshort | +0.0032% | 1h | 259.91 | +0.065% | $721K | $1.5M | 10x | |
| QFEX AMZN-USD | +0.0040% | 1h | 259.79 | +0.019% | $1.4M | $3.8M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.63 | −0.042% | $917K | $2.4M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.76 | +0.008% | $197K | $240K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.76 | +0.008% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.77 | +0.012% | $323K | $277K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.84 | +0.039% | $667 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.71 | −0.012% | $1.3M | $1.2M | 10x | as long as short |
| Variational Omni AMZN | +0.0090% | 8h | 259.89 | +0.060% | $1.8M | $1.1M | — | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.69 | −0.019% | $1.5M | $507K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.67 | −0.027% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.89 | +0.058% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.84 | +0.037% | $14K | $510 | 10x | as long as short |
| Binance AMZNUSDT | +0.0110% | 8h | 259.89 | +0.058% | $16.1M | $29.7M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0112% | 1h | 259.82 | +0.029% | $498K | $2.7M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0120% | 1h | 259.77 | +0.012% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0123% | 1h | 259.80 | +0.023% | $29.8M | $11.2M | 20x | as long as short |
| Nado AMZN-PERP | +0.0129% | 1h | 259.77 | +0.013% | $414K | $112K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0189% | 8h | 260.01 | +0.104% | $3.7M | $3.2M | 100x | as long as short |
| Lighter AMZN | +0.0200% | 1h | 259.90 | +0.061% | $804K | $1.0M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.11 | −0.243% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0232% | 8h | 259.79 | +0.019% | $178K | $205K | 20x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.90 | +0.062% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0374% | 4h | 259.86 | +0.047% | $28K | $248K | 10x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
OKX AMZN-USDT-SWAP
Coinbase International AMZN-PERP-INTX
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Variational Omni AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Binance AMZNUSDT
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Bybit AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
Phoenix AMZN
edgeX AMZNUSDC