AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.026%

Price spread now: Lighter RH against Extended+0.040%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$190.185% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.040%, 7d avg +0.008%

Together, before fees−0.124%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.040% now, against its 7-day average of +0.008%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.073% in total) that is about 3.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMZN_24_5-USD	259.50	0.0240	pay 0.0030% / 1h	13m 49s	$498K	$2.7M	10x
Short	Lighter RH AMZN	259.60	0.0032	get 0.0004% / 1h	13m 49s	$717K	$1.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee Lighter RHbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$43.68
Price spread: +0.040% → +0.008%: $3.23
Slippage, 4 orders: −$13.52
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$58.97
Costs to cover: 0.185%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Lighter RH: live order book, 4 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 Extended live order book, 5 min ago	0.77 bp	6.5 bp −$6	35.9 bp −$359	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	2.50 bp	2.8 bp −$3	6.0 bp −$60	doesn't fit	doesn't fit

AMZN on 29 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
Deribit AMZN_USDC-PERPETUAL	−0.0251%	1h	259.32	−0.067%	$28K	$174K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.50	+0.003%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.39	−0.041%	$767K	$2.6M	100x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	259.60	+0.040%	$717K	$1.5M	10x
GRVT AMZN_USDT_Perp	+0.0036%	8h	259.57	+0.029%	$11K	$1.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.43	−0.025%	$197K	$241K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.45	−0.017%	—	$104K	25x	as long as short
QFEX AMZN-USD	+0.0049%	1h	259.46	−0.014%	$1.4M	$4.2M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.35	−0.056%	$317K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.49	−0.002%	$634	$5K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.31	−0.071%	$1.3M	$1.2M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.26	−0.091%	$938K	$2.4M	10x	as long as short
Bitget AMZNUSDT	+0.0088%	8h	259.60	+0.040%	$4.8M	$3.8M	100x	as long as short
OKX AMZN-USDT-SWAP	+0.0097%	8h	259.57	+0.029%	$2.9M	$4.5M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.46	−0.014%	$1.5M	$585K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.39	−0.041%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.50	+0.002%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.47	−0.009%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0115%	1h	259.48	−0.006%	$29.8M	$11.3M	20x	as long as short
Nado AMZN-PERP	+0.0136%	1h	259.46	−0.012%	$414K	$122K	20x	as long as short
edgeX AMZNUSDC	+0.0164%	4h	259.52	+0.011%	$28K	$249K	10x	as long as short
Hotstuff AMZN-PERP	+0.0176%	1h	259.46	−0.014%	$33K	—	20x	as long as short
Lighter AMZN	+0.0184%	1h	259.58	+0.032%	$824K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.37	−0.048%	$75K	$27K	30x	as long as short
Binance AMZNUSDT	+0.0235%	8h	259.56	+0.025%	$16.1M	$29.7M	20x	as long as short
Variational Omni AMZN	+0.0236%	8h	259.54	+0.015%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USDlong	+0.0240%	1h	259.50	long leg	$498K	$2.7M	10x
Bybit AMZNUSDT	+0.0265%	8h	259.67	+0.067%	$3.8M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0277%	1h	259.50	+0.002%	$5K	$78K	20x	as long as short