Lambda call latency

For people that are worried about managing versions of an API while making direct lambda calls, lambda supports aliases. Your app does not need to be pointed at $LATEST of a lambda function.

You can add alias suffices to your lambda ARNS.
arn:aws:lambda:aws-region:acct-id:function:helloworld:PROD
arn:aws:lambda:aws-region:acct-id:function:helloworld:BETA
arn:aws:lambda:aws-region:acct-id:function:helloworld:DEV

There are commands that you can use to do something like map PROD to V21 of your function. Then deploy a new version V22 and when you are happy with it, set PROD equal to V22. To rollback set PROD back to V21. The app never changes.

https://docs.aws.amazon.com/lambda/latest/dg/aliases-intro.html