Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0012%/8h= −1.4% APRpaid last 24h +0.013%

Price spread now: Binance against ApeX Omni+0.066%79s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as 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−$530.530% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.066%, 7d avg +0.040%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.026% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.0 days. At the pace of the last 7 days (−0.058% in total) that is about 3.1 days. The two prices were read 79 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	259.68	0.0100	pay 0.0013% / 1h	24m 13s	$93K	$129K	50x
Short	Binance AMZNUSDT	259.85	0.0088	get 0.0088% / 8h	3h 24m	$16.0M	$29.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.066%Rate

Funding earned: −$2.6
Price spread: +0.066% → +0.040%: $2.58
Slippage, 4 orders: −$33.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$53.03
Costs to cover: 0.530%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 26 min ago; Binance: live order book, 2 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, 26 min ago	2.51 bp	20.7 bp −$21	446.5 bp −$4,465	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.38 bp	5.4 bp −$5	9.9 bp −$99	46.2 bp −$4,619	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 AMZNUSDT	0.0000%	8h	259.83	+0.056%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.83	+0.058%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.69	+0.004%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.89	+0.081%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.89	+0.082%	$9K	$1.9M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.67	−0.004%	$28K	$175K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.87	+0.073%	$720K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.74	+0.023%	$1.4M	$3.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.72	+0.015%	$917K	$2.4M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.73	+0.019%	$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	259.73	+0.019%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.67	−0.004%	$322K	$278K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.83	+0.058%	$681	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.59	−0.035%	$1.3M	$1.2M	10x	as long as short
Variational Omni AMZN	+0.0068%	8h	259.81	+0.050%	$1.8M	$1.1M	—	as long as short
tradeXYZ xyz:AMZN	+0.0075%	1h	259.83	+0.058%	$29.8M	$11.2M	20x	as long as short
Nado AMZN-PERP	+0.0076%	1h	259.75	+0.026%	$414K	$112K	20x	as long as short
Binance AMZNUSDTshort	+0.0088%	8h	259.85	+0.066%	$16.0M	$29.8M	20x
Extended AMZN_24_5-USD	+0.0088%	1h	259.76	+0.032%	$502K	$2.7M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.64	−0.015%	$1.5M	$502K	20x	as long as short
ApeX Omni AMZNUSDTlong	+0.0100%	1h	259.68	long leg	$93K	$129K	50x
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.81	+0.050%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.76	+0.030%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0120%	1h	259.77	+0.035%	$33K	—	20x	as long as short
Lighter AMZN	+0.0136%	1h	259.88	+0.079%	$802K	$1.0M	20x	as long as short
Bybit AMZNUSDT	+0.0169%	8h	259.91	+0.089%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0209%	8h	259.83	+0.058%	$178K	$205K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.51	−0.065%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.85	+0.065%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0435%	4h	259.81	+0.049%	$28K	$248K	10x	as long as short