Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.022%

Price spread now: Lighter RH against OKX−0.031%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$210.209% of the position

Long on OKX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 7 days−0.021%−$2 · spread now −0.031%, 7d avg −0.055%

Together, before fees−0.109%+ Points / potential airdropLighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.025% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMZN-USDT-SWAP	260.17	0	get 0.0000% / 8h	2h 09m	$2.8M	$4.8M	20x
Short	Lighter RH AMZN	260.09	0.0032	get 0.0004% / 1h	9m 42s	$726K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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 OKXbpFee Lighter RHbpOrdersPrice spread, now −0.031%Rate

Funding earned: $6.72
Price spread: −0.031% → −0.055%: $2.47
Slippage, 4 orders: −$10.88
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$11.7
Costs to cover: 0.209%
Break-even: 19.2 days

Slippage from OKX: live order book, 3 min ago; Lighter RH: 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 OKX live order book, 3 min ago	0.19 bp	8.2 bp −$8	17.2 bp −$172	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.73 bp	2.1 bp −$2	6.4 bp −$64	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	260.01	−0.063%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAPlong	0.0000%	8h	260.17	long leg	$2.8M	$4.8M	20x
Gate AMZN_USDT	0.0000%	8h	259.99	−0.069%	$767K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.13	−0.015%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	260.14	−0.010%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.03	−0.053%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.90	−0.104%	$28K	$176K	10x	as long as short
Binance AMZNUSDT	+0.0016%	8h	260.13	−0.017%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	260.04	−0.048%	$499K	$3.1M	10x	as long as short
QFEX AMZN-USD	+0.0020%	1h	260.04	−0.050%	$1.4M	$3.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	−0.169%	$914K	$2.3M	10x	as long as short
Lighter RH AMZNshort	+0.0032%	1h	260.09	−0.031%	$726K	$1.6M	10x
Arcus AMZN-USD	+0.0040%	1h	259.95	−0.085%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.90	−0.104%	—	$104K	25x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	259.96	−0.081%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.92	−0.096%	$321K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.04	−0.050%	$674	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.81	−0.138%	$1.3M	$1.2M	10x	as long as short
BloFin AMZN-USDT	+0.0057%	8h	260.01	−0.061%	$177K	$205K	20x	as long as short
Nado AMZN-PERP	+0.0095%	1h	259.88	−0.111%	$414K	$113K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.81	−0.138%	$1.5M	$463K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.85	−0.123%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.04	−0.050%	$1K	$320	10x	as long as short
Bybit AMZNUSDT	+0.0103%	8h	260.15	−0.008%	$3.7M	$3.2M	100x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	260.01	−0.061%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0138%	1h	259.98	−0.073%	$30.0M	$11.3M	20x	as long as short
Lighter AMZN	+0.0144%	1h	260.06	−0.043%	$747K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.19	+0.008%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	260.04	−0.050%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0261%	4h	260.04	−0.050%	$28K	$248K	10x	as long as short