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−0.0104%/8h= −11.4% APRpaid last 24h −0.075%
Price spread now: Aster against Lighter−0.018%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$910.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.194%−$19 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.018%, 7d avg +0.005%
Together, before fees−0.136%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.023% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.860.0104pay 0.0013% / 1h41m 21s$750K$1.3M20x
ShortAster AMZNUSDT259.810get 0.0000% / 8h1h 41m$203K$211K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
−$21.84
Price spread: −0.018% → +0.005%
−$2.28
Slippage, 4 orders
−$83.24
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$115.36
Costs to cover
0.912%
Break-even
never at this rate
Slippage from Lighter: live order book, 5 min ago; Aster: live order book, 65 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 Lighter live order book, 5 min ago0.35 bp0.8 bp −$12.8 bp −$2872.9 bp −$7,287doesn't fit
Sell Aster live order book, 65 min ago3.27 bp42.6 bp −$43doesn't fitdoesn'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
Aster AMZNUSDTshort0.0000%8h259.81−0.018%$203K$211K20x
OKX AMZN-USDT-SWAP0.0000%8h259.83−0.010%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.65−0.079%$764K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.93+0.028%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h259.81−0.020%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.83−0.008%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.64−0.083%$29K$176K10xas long as short
Binance AMZNUSDT+0.0006%8h259.89+0.013%$15.9M$29.9M20xas long as short
Extended AMZN_24_5-USD+0.0008%1h259.83−0.012%$502K$3.1M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0024%1h259.73−0.048%$911K$2.3M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AMZN-USDT+0.0025%8h259.79−0.025%$177K$206K20xas long as short
Lighter RH AMZN+0.0032%1h259.87+0.005%$725K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.70−0.060%$197K$240K10xas long as short
QFEX AMZN-USD+0.0045%1h259.78−0.029%$1.4M$3.6M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.76−0.037%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.76−0.037%$30.0M$11.3M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.67−0.072%$321K$291K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.79−0.025%$682$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.50−0.137%$1.3M$1.2M10xas long as short
Hotstuff AMZN-PERP+0.0088%1h259.72−0.052%$33K20xas long as short
Bybit AMZNUSDT+0.0091%8h259.89+0.013%$3.7M$3.2M100xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.75−0.041%$1.5M$454K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.66−0.075%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.78−0.029%$1K$32010xas long as short
Lighter AMZNlong+0.0104%1h259.86long leg$750K$1.3M20x
Aevo AMZN-PERP+0.0104%1h259.75−0.039%$14K$51010xas long as short
Nado AMZN-PERP+0.0124%1h259.73−0.050%$415K$113K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.53−0.125%$75K$27K30xas long as short
edgeX AMZNUSDC+0.0243%4h259.73−0.047%$28K$250K10xas long as short
Phoenix AMZN+0.0308%1h259.82−0.014%$5K$78K20xas long as short