AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.024%

Price spread now: Lighter against Phoenix−0.027%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days—no 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. Lighter is 0.027% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AMZN	259.77	0.0185	pay 0.0023% / 1h	8m 41s	$5K	$77K	20x
Short	Lighter AMZN	259.70	0.0208	get 0.0026% / 1h	8m 41s	$808K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Phoenix. 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 PhoenixbpFee LighterbpOrdersPrice spread, now −0.027%Rate

Funding earned: $4.89
Price spread: −0.027% → 0.000%: −$2.73
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$4.84
Costs to cover: 0.070%
Break-even: 13.9 days

Slippage unknown: Phoenix: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.

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 Phoenix no order-book sample	—	—	—	—	—
Sell Lighter live order book, 2 min ago	0.10 bp	0.2 bp $0	1.1 bp −$11	74.1 bp −$7,407	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AMZN_USDC-PERPETUAL	−0.0020%	1h	259.46	−0.119%	$28K	$174K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.58	−0.074%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.55	−0.085%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.78	+0.004%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.74	−0.013%	$10K	$1.8M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.72	−0.019%	$720K	$1.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	−0.065%	$917K	$2.4M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0038%	8h	259.78	+0.004%	$2.9M	$4.7M	20x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.66	−0.042%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.60	−0.065%	$197K	$240K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMZN-USD-PERP	+0.0046%	1h	259.59	−0.069%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.54	−0.089%	$322K	$277K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.67	−0.038%	$662	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.48	−0.112%	$1.3M	$1.2M	10x	as long as short
Hotstuff AMZN-PERP	+0.0080%	1h	259.63	−0.054%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.61	−0.062%	$1.5M	$506K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.53	−0.092%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.66	−0.042%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.61	−0.061%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0108%	8h	259.73	−0.017%	$1.8M	$1.1M	—	as long as short
edgeX AMZNUSDC	+0.0118%	4h	259.68	−0.035%	$28K	$248K	10x	as long as short
Binance AMZNUSDT	+0.0123%	8h	259.69	−0.032%	$16.1M	$29.6M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0123%	1h	259.66	−0.042%	$29.8M	$11.0M	20x	as long as short
Extended AMZN_24_5-USD	+0.0128%	1h	259.62	−0.059%	$498K	$2.7M	10x	as long as short
Nado AMZN-PERP	+0.0139%	1h	259.57	−0.076%	$415K	$112K	20x	as long as short
Bybit AMZNUSDT	+0.0139%	8h	259.84	+0.027%	$3.7M	$3.2M	100x	as long as short
Phoenix AMZNlong	+0.0185%	1h	259.77	long leg	$5K	$77K	20x
Lighter AMZNshort	+0.0208%	1h	259.70	−0.027%	$808K	$1.1M	20x
Injective AMZN/USDC PERP	+0.0220%	1h	259.43	−0.131%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0245%	8h	259.70	−0.027%	$179K	$204K	20x	as long as short