Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Aster against ApeX Omni+0.073%89s7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1291.289% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.073%, 7d avg +0.042%

Together, before fees−0.231%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.031% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.042%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 89 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	ApeX Omni AMZNUSDT	258.73	0.0100	pay 0.0013% / 1h	20m 02s	$92K	$134K	50x
Short	Aster AMZNUSDT	258.92	0	get 0.0000% / 8h	1h 20m	$202K	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$21
Price spread: +0.073% → +0.042%: $3.1
Slippage, 4 orders: −$110.91
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$146.81
Costs to cover: 1.289%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 61 min ago; Aster: live order book, 61 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 ApeX Omni live order book, 61 min ago	2.51 bp	16.3 bp −$16	356.8 bp −$3,568	doesn't fit	doesn't fit
Sell Aster live order book, 61 min ago	4.05 bp	38.8 bp −$39	doesn't fit	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 AMZNUSDTshort	0.0000%	8h	258.92	+0.073%	$202K	$211K	20x
Gate AMZN_USDT	0.0000%	8h	258.82	+0.035%	$763K	$2.6M	100x	as long as short
Hotstuff AMZN-PERP	+0.0016%	1h	258.83	+0.039%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	258.94	+0.081%	$721K	$1.7M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.75	+0.008%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.80	+0.027%	$304K	$311K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.86	+0.050%	$630	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.66	−0.027%	$1.3M	$1.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0056%	1h	258.71	−0.008%	$940K	$2.7M	10x	as long as short
QFEX AMZN-USD	+0.0066%	1h	258.86	+0.050%	$1.4M	$4.5M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	258.68	−0.019%	$1.5M	$645K	20x	as long as short
ApeX Omni AMZNUSDTlong	+0.0100%	1h	258.73	long leg	$92K	$134K	50x
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.93	+0.077%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.88	+0.059%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0113%	8h	258.98	+0.097%	$2.9M	$4.4M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0123%	1h	258.83	+0.039%	$28.4M	$11.1M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0133%	8h	258.95	+0.085%	$10K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0195%	8h	258.96	+0.091%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USD	+0.0208%	1h	258.89	+0.061%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0209%	8h	258.93	+0.077%	$16.1M	$31.5M	20x	as long as short
Nado AMZN-PERP	+0.0212%	1h	258.72	−0.003%	$414K	$123K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.21	+0.186%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0264%	1h	258.96	+0.088%	$833K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0276%	8h	258.95	+0.085%	$4.8M	$4.0M	100x	as long as short
Arcus AMZN-USD	+0.0284%	1h	258.77	+0.015%	$196K	$237K	10x	as long as short
Bybit AMZNUSDT	+0.0326%	8h	259.02	+0.112%	$3.7M	$3.3M	100x	as long as short
BloFin AMZN-USDT	+0.0329%	8h	258.95	+0.085%	$179K	$188K	20x	as long as short
Phoenix AMZN	+0.0340%	1h	258.93	+0.077%	$5K	$118K	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0368%	1h	258.88	+0.058%	$27K	$226K	10x	as long as short
edgeX AMZNUSDC	+0.0472%	4h	258.93	+0.079%	$28K	$247K	10x	as long as short