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+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h −0.011%
Price spread now: Phoenix against Lighter−0.042%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 7 days+0.051%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Phoenix is 0.042% cheaper against Lighter than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AMZN260.040.0232pay 0.0029% / 1h34m 56s$750K$1.3M20x
ShortPhoenix AMZN259.930.0277get 0.0035% / 1h34m 56s$5K$78K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$9.46
Price spread: −0.042% → 0.000%
−$4.15
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$1.69
Costs to cover
0.070%
Break-even
8.3 days
Slippage unknown: Lighter: live order book, 6 min ago; Phoenix: 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, 6 min ago0.19 bp0.8 bp −$12.2 bp −$2267.0 bp −$6,700doesn't fit
Sell Phoenix no order-book sample
Phoenix: 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%8h260.07+0.011%$202K$207K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.01−0.011%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.88−0.061%$765K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.03−0.003%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.06+0.007%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.86−0.068%$29K$172K10xas long as short
Variational Omni AMZN+0.0001%8h260.05+0.003%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0030%8h260.06+0.008%$16.0M$29.5M20xas long as short
Lighter RH AMZN+0.0032%1h260.06+0.008%$734K$1.6M10xas long as short
Extended AMZN_24_5-USD+0.0032%1h259.99−0.019%$498K$3.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.88−0.061%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.91−0.049%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.90−0.053%$321K$292K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.99−0.018%$680$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.68−0.138%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0050%1h259.97−0.026%$1.4M$3.6M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0064%1h259.54−0.192%$915K$2.3M10xas long as short
tradeXYZ xyz:AMZN+0.0090%1h259.90−0.053%$30.0M$11.2M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.86−0.068%$1.5M$406K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.78−0.099%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.00−0.015%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.97−0.024%$14K$51010xas long as short
BloFin AMZN-USDT+0.0120%8h260.05+0.005%$177K$301K20xas long as short
Nado AMZN-PERP+0.0174%1h259.89−0.058%$415K$113K20xas long as short
Hotstuff AMZN-PERP+0.0184%1h259.89−0.057%$33K20xas long as short
Bybit AMZNUSDT+0.0187%8h260.16+0.047%$4.0M$3.3M100xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.69−0.134%$75K$27K30xas long as short
edgeX AMZNUSDC+0.0224%4h259.97−0.026%$28K$249K10xas long as short
Lighter AMZNlong+0.0232%1h260.04long leg$750K$1.3M20x
Phoenix AMZNshort+0.0277%1h259.93−0.042%$5K$78K20x