Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.052%

Price spread now: Bybit against Aevo+0.060%49s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.060% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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	Aevo AMZN-PERP	259.65	0.0104	pay 0.0013% / 1h	41m 32s	$14K	$510	10x
Short	Bybit AMZNUSDT	259.81	0.0136	get 0.0136% / 8h	4h 41m	$3.7M	$3.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aevo. 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 AevobpFee BybitbpOrdersPrice spread, now +0.060%Rate

Funding earned: $6.63
Price spread: +0.060% → 0.000%: $5.98
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$14.4
Costs to cover: 0.270%
Break-even: 22.2 days

Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 1 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 Aevo no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	1.54 bp	12.7 bp −$13	22.5 bp −$225	doesn't fit	doesn't fit

Aevo: 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
Aster AMZNUSDT	0.0000%	8h	259.51	−0.056%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.54	−0.044%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.82	+0.064%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.78	+0.047%	$16K	$1.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.55	−0.040%	$918K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.69	+0.014%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.65	−0.002%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.54	−0.044%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.63	−0.010%	$321K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.70	+0.017%	$654	$5K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.54	−0.044%	$1.3M	$1.2M	10x	as long as short
Lighter RH AMZN	+0.0056%	1h	259.77	+0.044%	$723K	$1.5M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0058%	1h	259.57	−0.033%	$28K	$174K	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0060%	8h	259.84	+0.071%	$2.9M	$4.6M	20x	as long as short
Hotstuff AMZN-PERP	+0.0064%	1h	259.63	−0.010%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.57	−0.033%	$1.5M	$534K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.51	−0.056%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.78	+0.048%	$1K	$320	10x	as long as short
Aevo AMZN-PERPlong	+0.0104%	1h	259.65	long leg	$14K	$510	10x
Variational Omni AMZN	+0.0131%	8h	259.75	+0.039%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDTshort	+0.0136%	8h	259.81	+0.060%	$3.7M	$3.2M	100x
Binance AMZNUSDT	+0.0149%	8h	259.76	+0.041%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.69	+0.015%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0161%	1h	259.66	+0.002%	$29.9M	$11.2M	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.81	+0.060%	$5K	$77K	20x	as long as short
Nado AMZN-PERP	+0.0195%	1h	259.55	−0.041%	$415K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.45	−0.079%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0268%	8h	259.78	+0.048%	$179K	$204K	20x	as long as short
edgeX AMZNUSDC	+0.0276%	4h	259.73	+0.027%	$28K	$247K	10x	as long as short
Lighter AMZN	+0.0280%	1h	259.75	+0.036%	$811K	$1.1M	20x	as long as short