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−0.0064%/8h= −7.0% APRnext payment $0.08 per $10,000 · paid last 24h −0.124%
Price spread now: Hotstuff against Lighter−0.026%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Hotstuff is 0.026% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN259.900.0088pay 0.0011% / 1h25m 34s$750K$1.3M20x
ShortHotstuff AMZN-PERP259.830.0024get 0.0003% / 1h25m 34s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$13.44
Price spread: −0.026% → 0.000%
−$2.62
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$21.06
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 10 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 10 min ago0.46 bp0.7 bp −$11.4 bp −$1467.4 bp −$6,740doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 AMZNUSDT0.0000%8h259.77−0.049%$202K$207K20xas long as short
Extended AMZN_24_5-USD0.0000%1h259.85−0.018%$502K$3.0M10xas long as short
Binance AMZNUSDT0.0000%8h259.92+0.008%$15.9M$29.9M20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.89−0.003%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.68−0.084%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.91+0.005%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h259.92+0.007%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.87−0.011%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.75−0.057%$29K$176K10xas long as short
Hotstuff AMZN-PERPshort+0.0024%1h259.83−0.026%$33K20x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTX+0.0024%1h259.73−0.065%$911K$2.3M10xas long as short
Lighter RH AMZN+0.0032%1h259.92+0.008%$726K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.76−0.053%$197K$240K10xas long as short
QFEX AMZN-USD+0.0045%1h259.86−0.015%$1.4M$3.6M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.79−0.042%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.84−0.022%$30.0M$11.3M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.73−0.065%$321K$291K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.85−0.018%$682$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.61−0.111%$1.3M$1.2M10xas long as short
Bybit AMZNUSDT+0.0079%8h259.91+0.005%$3.7M$3.2M100xas long as short
Lighter AMZNlong+0.0088%1h259.90long leg$750K$1.3M20x
KuCoin AMZNUSDTM+0.0100%8h259.79−0.042%$1.5M$443K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.73−0.065%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.87−0.011%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.82−0.031%$14K$51010xas long as short
Nado AMZN-PERP+0.0105%1h259.77−0.048%$415K$113K20xas long as short
edgeX AMZNUSDC+0.0113%4h259.86−0.014%$28K$248K10xas long as short
BloFin AMZN-USDT+0.0120%8h259.94+0.016%$177K$206K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.51−0.149%$75K$27K30xas long as short
Phoenix AMZN+0.0308%1h259.79−0.042%$5K$78K20xas long as short