Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni+0.027%67s7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$300as 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−$2992.991% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.027%, 7d avg −0.036%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.063% dearer against ApeX Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.036%. The two prices were read 67 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	52m 32s	$93K	$129K	50x
Short	KuCoin AMZNUSDTM	259.75	0.0100	get 0.0100% / 8h	1h 52m	$1.5M	$458K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → −0.036%: $6.26
Slippage, 4 orders: −$277.13
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$292.87
Costs to cover: 2.991%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 53 min ago; KuCoin: live order book, 3 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, 53 min ago	2.51 bp	33.5 bp −$33	423.6 bp −$4,236	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	7.70 bp	160.6 bp −$161	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
Deribit AMZN_USDC-PERPETUAL	−0.0020%	1h	259.63	−0.019%	$29K	$176K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.81	+0.050%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.88	+0.077%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.70	+0.008%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.90	+0.085%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.87	+0.071%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.88	+0.077%	$10K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0015%	8h	259.85	+0.065%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	259.78	+0.038%	$498K	$3.1M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	+0.019%	$911K	$2.3M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMZN	+0.0032%	1h	259.87	+0.073%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.76	+0.031%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.80	+0.046%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.77	+0.035%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.74	+0.023%	$30.0M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.68	0.000%	$318K	$288K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.80	+0.046%	$686	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.61	−0.027%	$1.3M	$1.2M	10x	as long as short
BloFin AMZN-USDT	+0.0059%	8h	259.86	+0.069%	$178K	$206K	20x	as long as short
Hotstuff AMZN-PERP	+0.0080%	1h	259.76	+0.031%	$33K	—	20x	as long as short
KuCoin AMZNUSDTMshort	+0.0100%	8h	259.75	+0.027%	$1.5M	$458K	20x
ApeX Omni AMZNUSDTlong	+0.0100%	1h	259.68	long leg	$93K	$129K	50x
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.84	+0.062%	$1K	$320	10x	as long as short
Bybit AMZNUSDT	+0.0100%	8h	259.98	+0.116%	$3.7M	$3.2M	100x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.79	+0.041%	$14K	$510	10x	as long as short
edgeX AMZNUSDC	+0.0106%	4h	259.84	+0.061%	$28K	$248K	10x	as long as short
Lighter AMZN	+0.0120%	1h	259.84	+0.063%	$748K	$1.3M	20x	as long as short
Nado AMZN-PERP	+0.0170%	1h	259.73	+0.019%	$415K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.71	+0.012%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.84	+0.062%	$5K	$78K	20x	as long as short