Funding you earn now, next payment 10:00 UTC−0.0244%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.057%
Price spread now: Lighter RH against Phoenix−0.073%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter RH is 0.073% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMZN | 260.18 | 0.0276 | pay 0.0035% / 1h | 53m 51s | $5K | $95K | 20x |
| Short | Lighter RH AMZN | 259.99 | 0.0032 | get 0.0004% / 1h | 53m 51s | $711K | $1.5M | 10x |
Phoenix AMZN
Lighter RH AMZNFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$51.31
- Price spread: −0.073% → 0.000%
- −$7.3
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$65.61
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Lighter RH: 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 RH live order book, 2 min ago | 2.12 bp | 2.5 bp −$3 | 7.5 bp −$75 | doesn't fit | 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 exchanges
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 | 260.02 | −0.061% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.82 | −0.138% | $827K | $2.6M | 100x | as long as short |
| Lighter RH AMZNshort | +0.0032% | 1h | 259.99 | −0.073% | $711K | $1.5M | 10x | |
| QFEX AMZN-USD | +0.0041% | 1h | 259.97 | −0.081% | $1.4M | $3.5M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.88 | −0.115% | — | $104K | 25x | as long as short |
| Bitget AMZNUSDT | +0.0047% | 8h | 260.00 | −0.069% | $5.0M | $5.0M | 100x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0048% | 1h | 260.03 | −0.058% | $930K | $2.5M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.82 | −0.138% | $30.2M | $11.6M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.92 | −0.100% | $317K | $293K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.97 | −0.081% | $709 | $5K | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
QFEX AMZN-USD
Vest AMZN-USD-PERP
Bitget AMZNUSDT
Coinbase International AMZN-PERP-INTX
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.71 | −0.181% | $1.3M | $1.0M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0089% | 8h | 260.02 | −0.061% | $2.9M | $4.9M | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0096% | 1h | 259.92 | −0.100% | $37K | $135K | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.86 | −0.123% | $1.5M | $536K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.82 | −0.138% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.19 | +0.004% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.94 | −0.091% | $14K | $510 | 10x | as long as short |
| Arcus AMZN-USD | +0.0105% | 1h | 259.84 | −0.131% | $197K | $207K | 10x | as long as short |
| Lighter AMZN | +0.0120% | 1h | 259.90 | −0.109% | $726K | $1.2M | 20x | as long as short |
| Nado AMZN-PERP | +0.0173% | 1h | 259.89 | −0.113% | $404K | $115K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0192% | 1h | 259.95 | −0.088% | $33K | — | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.08 | −0.038% | $76K | $23K | 30x | as long as short |
| Phoenix AMZNlong | +0.0276% | 1h | 260.18 | long leg | $5K | $95K | 20x | |
| Variational Omni AMZN | +0.0298% | 8h | 260.07 | −0.040% | $1.8M | $1.0M | — | as long as short |
| Binance AMZNUSDT | +0.0318% | 8h | 259.94 | −0.091% | $16.5M | $32.4M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0320% | 1h | 259.85 | −0.127% | $494K | $4.0M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0398% | 8h | 260.07 | −0.042% | $4.3M | $3.7M | 100x | as long as short |
| BloFin AMZN-USDT | +0.0441% | 8h | 260.20 | +0.008% | $184K | $318K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0478% | 4h | 260.03 | −0.058% | $28K | $248K | 10x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0498% | 8h | 260.08 | −0.038% | $17K | $1.8M | 10x | as long as short |
Ondo Perps AMZN-USD.P
OKX AMZN-USDT-SWAP
Deribit AMZN_USDC-PERPETUAL
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Arcus AMZN-USD
Lighter AMZN
Nado AMZN-PERP
Hotstuff AMZN-PERP
Injective AMZN/USDC PERP
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bybit AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC
GRVT AMZN_USDT_Perp