Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Aster+0.008%59s7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as 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−$1301.304% of the position

Long on Aster Short on ApeX Omni

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)−0.057%−$6 · spread now +0.008%, 7d avg −0.043%

Together, before fees+0.153%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.050% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.043%. The two prices were read 59 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	Aster AMZNUSDT	259.19	0	get 0.0000% / 8h	7h 54m	$203K	$211K	20x
Short	ApeX Omni AMZNUSDT	259.21	0.0100	get 0.0013% / 1h	54m 32s	$93K	$129K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now +0.008%Rate

Funding earned: $21
Price spread: +0.008% → −0.043%: $5.01
Slippage, 4 orders: −$112.43
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$104.41
Costs to cover: 1.304%
Break-even: 41.8 days

Slippage from Aster: live order book, 17 min ago; ApeX Omni: live order book, 16 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 Aster live order book, 17 min ago	4.43 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 16 min ago	2.70 bp	18.1 bp −$18	964.0 bp −$9,640	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 AMZNUSDTlong	0.0000%	8h	259.19	long leg	$203K	$211K	20x
Gate AMZN_USDT	0.0000%	8h	259.23	+0.015%	$765K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.10	−0.035%	$27K	$178K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.39	+0.077%	$718K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.16	−0.012%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.20	+0.004%	$304K	$279K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.27	+0.031%	$611	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.09	−0.039%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.27	+0.031%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.08	−0.043%	$939K	$2.7M	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	259.19	0.000%	$1.5M	$606K	20x	as long as short
ApeX Omni AMZNUSDTshort	+0.0100%	1h	259.21	+0.008%	$93K	$129K	50x
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.34	+0.058%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.28	+0.034%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0137%	8h	259.41	+0.085%	$2.9M	$4.4M	20x	as long as short
Bybit AMZNUSDT	+0.0178%	8h	259.45	+0.100%	$3.7M	$3.2M	100x	as long as short
Hotstuff AMZN-PERP	+0.0192%	1h	259.29	+0.038%	$33K	—	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.21	+0.008%	$75K	$27K	30x	as long as short
edgeX AMZNUSDC	+0.0220%	4h	259.43	+0.094%	$28K	$247K	10x	as long as short
tradeXYZ xyz:AMZN	+0.0222%	1h	259.28	+0.035%	$28.6M	$10.8M	20x	as long as short
Nado AMZN-PERP	+0.0243%	1h	259.16	−0.012%	$414K	$123K	20x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.31	+0.046%	$197K	$242K	10x	as long as short
Variational Omni AMZN	+0.0267%	8h	259.50	+0.121%	$1.8M	$1.4M	—	as long as short
Lighter AMZN	+0.0272%	1h	259.40	+0.080%	$833K	$1.1M	20x	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.30	+0.043%	$497K	$2.5M	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0273%	8h	259.45	+0.100%	$9K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0275%	8h	259.35	+0.062%	$16.1M	$30.8M	20x	as long as short
Bitget AMZNUSDT	+0.0291%	8h	259.33	+0.054%	$4.8M	$3.9M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.43	+0.092%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0395%	8h	259.32	+0.050%	$177K	$216K	20x	as long as short