Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%

Price spread now: Gate against Lighter RH−0.023%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$350.346% of the position

Long on Lighter RH Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 7 days−0.067%−$7 · spread now −0.023%, 7d avg 0.000%

Together, before fees−0.141%+ Points / potential airdropLighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.023% cheaper against Lighter RH than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of 0.000%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH AMZN	260.59	0.0032	pay 0.0004% / 1h	55m 09s	$719K	$1.6M	10x
Short	Gate AMZN_USDT	260.53	0	get 0.0000% / 8h	6h 55m	$779K	$2.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee Lighter RHbpFee GatebpOrdersPrice spread, now −0.023%Rate

Funding earned: −$6.72
Price spread: −0.023% → 0.000%: −$2.26
Slippage, 4 orders: −$19.57
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$43.55
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 3 min ago; Gate: live order book, 3 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 Lighter RH live order book, 3 min ago	1.92 bp	2.6 bp −$3	7.3 bp −$73	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.49 bp	18.9 bp −$19	35.9 bp −$359	doesn't fit	doesn't fit

AMZN on 30 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
Aster AMZNUSDT	0.0000%	8h	260.41	−0.070%	$204K	$209K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.74	+0.058%	$2.9M	$4.8M	20x	as long as short
Gate AMZN_USDTshort	0.0000%	8h	260.53	−0.023%	$779K	$2.5M	100x
Bitget AMZNUSDT	0.0000%	8h	260.72	+0.050%	$4.8M	$4.2M	100x	as long as short
Lighter RH AMZNlong	+0.0032%	1h	260.59	long leg	$719K	$1.6M	10x
Variational Omni AMZN	+0.0038%	8h	260.83	+0.094%	$1.8M	$1.2M	—	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	260.54	−0.019%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	260.47	−0.046%	$323K	$284K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.61	+0.008%	$701	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	260.44	−0.058%	$1.3M	$1.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0063%	1h	260.67	+0.031%	$1.4M	$3.5M	10x	as long as short
Extended AMZN_24_5-USD	+0.0064%	1h	260.61	+0.009%	$504K	$3.0M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	260.67	+0.031%	$943K	$2.3M	10x	as long as short
Binance AMZNUSDT	+0.0065%	8h	260.69	+0.038%	$16.2M	$30.6M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0086%	1h	260.48	−0.042%	$30.0M	$11.6M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	260.47	−0.046%	$1.5M	$441K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	260.52	−0.027%	$93K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.67	+0.031%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	260.61	+0.007%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0128%	1h	260.51	−0.031%	$33K	—	20x	as long as short
Arcus AMZN-USD	+0.0142%	1h	260.58	−0.004%	$198K	$233K	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0158%	8h	260.69	+0.038%	$12K	$1.8M	10x	as long as short
BloFin AMZN-USDT	+0.0185%	8h	260.77	+0.069%	$179K	$312K	20x	as long as short
Nado AMZN-PERP	+0.0208%	1h	260.45	−0.054%	$413K	$114K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.85	+0.100%	$75K	$27K	30x	as long as short
edgeX AMZNUSDC	+0.0228%	4h	260.70	+0.043%	$28K	$248K	10x	as long as short
Phoenix AMZN	+0.0246%	1h	260.64	+0.019%	$5K	$84K	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0249%	1h	260.49	−0.038%	$29K	$139K	10x	as long as short
Lighter AMZN	+0.0264%	1h	260.61	+0.008%	$744K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0490%	8h	260.79	+0.077%	$4.3M	$3.5M	100x	as long as short