Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.007%
Price spread now: Coinbase International against Lighter RH−0.150%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 3 days (all we have)+0.154%+$15 · spread now −0.150%, 7d avg −0.091%
Together, before fees+0.294%+ Points / potential airdropLighter RH: Points live · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.059% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.091%). If the spread goes back, that is −$6 on $10k: about 4.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH AMZN259.470.0032pay 0.0004% / 1h45m 05s$718K$1.5M10x
ShortCoinbase International AMZN-PERP-INTX259.080.0072get 0.0009% / 1h45m 05s$939K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter RH. 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
$8.4
Price spread: −0.150% → −0.091%
−$5.94
Slippage, 4 orders
−$10.35
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.88
Costs to cover
0.203%
Break-even
21.9 days
Slippage from Lighter RH: live order book, 3 min ago; Coinbase International: live order book, 4 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 RH live order book, 3 min ago1.54 bp2.0 bp −$26.3 bp −$63doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago1.74 bp8.1 bp −$810.6 bp −$106doesn'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 AMZNUSDT0.0000%8h259.24−0.090%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.22−0.096%$765K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0020%1h259.26−0.081%$27K$178K10xas long as short
Lighter RH AMZNlong+0.0032%1h259.47long leg$718K$1.5M10x
Vest AMZN-USD-PERP+0.0046%1h259.16−0.119%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.23−0.092%$304K$281K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.36−0.042%$613$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.25−0.085%$1.3M$1.2M10xas long as short
QFEX AMZN-USD+0.0055%1h259.36−0.042%$1.4M$4.4M10xas long as short
Coinbase International AMZN-PERP-INTXshort+0.0072%1h259.08−0.150%$939K$2.7M10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AMZNUSDTM+0.0100%8h259.29−0.069%$1.5M$607K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.25−0.085%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.39−0.031%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.31−0.060%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0136%8h259.470.000%$2.9M$4.4M20xas long as short
Hotstuff AMZN-PERP+0.0136%1h259.33−0.054%$33K20xas long as short
tradeXYZ xyz:AMZN+0.0202%1h259.35−0.046%$28.6M$10.8M20xas long as short
GRVT AMZN_USDT_Perp+0.0204%8h259.49+0.010%$9K$1.8M10xas long as short
Nado AMZN-PERP+0.0217%1h259.22−0.097%$414K$123K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.08−0.150%$75K$27K30xas long as short
Bybit AMZNUSDT+0.0246%8h259.49+0.008%$3.7M$3.2M100xas long as short
Lighter AMZN+0.0248%1h259.43−0.017%$827K$1.1M20xas long as short
Arcus AMZN-USD+0.0254%1h259.36−0.042%$197K$242K10xas long as short
Variational Omni AMZN+0.0271%8h259.39−0.031%$1.8M$1.4Mas long as short
Binance AMZNUSDT+0.0277%8h259.40−0.027%$16.1M$30.7M20xas long as short
Extended AMZN_24_5-USD+0.0280%1h259.35−0.047%$497K$2.9M10xas long as short
Bitget AMZNUSDT+0.0290%8h259.42−0.019%$4.8M$3.9M100xas long as short
Phoenix AMZN+0.0339%1h259.50+0.012%$5K$98K20xas long as short
BloFin AMZN-USDT+0.0397%8h259.40−0.027%$178K$215K20xas long as short
edgeX AMZNUSDC+0.0410%4h259.51+0.014%$28K$248K10xas long as short