Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h −0.016%
Price spread now: Bitget against Arcus+0.054%50s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.054%, 7d avg +0.082%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.028% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.082%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AMZN-USD258.830.0302pay 0.0038% / 1h21m 55s$196K$239K10x
ShortBitget AMZNUSDT258.970.0264get 0.0264% / 8h2h 21m$4.8M$4.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Arcus. 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

Funding earned
−$7.95
Price spread: +0.054% → +0.082%
−$2.75
Slippage, 4 orders
−$9.31
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$36.51
Costs to cover
0.258%
Break-even
never at this rate
Slippage from Arcus: live order book, 1 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 1 min ago0.97 bp3.2 bp −$39.5 bp −$9520.2 bp −$2,024doesn't fit
Sell Bitget live order book, 1 min ago1.54 bp9.6 bp −$1014.3 bp −$14336.8 bp −$3,680doesn't fit

AMZN on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AMZN/USDC PERP−0.0077%1h258.61−0.085%$74K$27K30xas long as short
Aster AMZNUSDT0.0000%8h258.90+0.028%$202K$211K20xas long as short
Gate AMZN_USDT0.0000%8h258.76−0.027%$757K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h258.86+0.012%$27K$275K10xas long as short
Coinbase International AMZN-PERP-INTX+0.0040%1h258.86+0.012%$941K$2.7M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h258.85+0.008%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h258.82−0.004%$304K$311K10xas long as short
SoDEX AMZN-USD+0.0050%1h258.94+0.042%$618$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h258.59−0.093%$1.3M$1.3M10xas long as short
Hotstuff AMZN-PERP+0.0064%1h258.91+0.031%$33K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMZN-USD+0.0068%1h258.95+0.046%$1.4M$4.4M10xas long as short
GRVT AMZN_USDT_Perp+0.0094%8h258.98+0.059%$12K$1.7M10xas long as short
Lighter RH AMZN+0.0096%1h259.09+0.100%$712K$1.7M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h258.79−0.015%$1.5M$650K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h258.72−0.042%$92K$139K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h258.98+0.058%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h258.95+0.045%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0115%8h258.95+0.046%$2.9M$4.4M20xas long as short
Variational Omni AMZN+0.0145%8h258.96+0.052%$1.6M$1.4Mas long as short
Binance AMZNUSDT+0.0168%8h259.01+0.070%$16.0M$31.5M20xas long as short
Extended AMZN_24_5-USD+0.0168%1h258.98+0.058%$490K$2.5M10xas long as short
tradeXYZ xyz:AMZN+0.0171%1h258.93+0.039%$28.1M$11.3M20xas long as short
Nado AMZN-PERP+0.0237%1h258.78−0.021%$414K$123K20xas long as short
Bitget AMZNUSDTshort+0.0264%8h258.97+0.054%$4.8M$4.0M100x
BloFin AMZN-USDT+0.0287%8h258.93+0.039%$179K$189K20xas long as short
Bybit AMZNUSDT+0.0291%8h258.98+0.058%$3.7M$3.2M100xas long as short
Arcus AMZN-USDlong+0.0302%1h258.83long leg$196K$239K10x
Phoenix AMZN+0.0309%1h258.91+0.031%$5K$118K20xas long as short
Lighter AMZN+0.0368%1h259.08+0.097%$833K$1.2M20xas long as short
edgeX AMZNUSDC+0.0393%4h258.97+0.054%$28K$247K10xas long as short