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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.049%
Price spread now: Arcus against Aster+0.043%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$980.978% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.107%+$11 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.043%, 7d avg −0.066%
Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.109% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AMZNUSDT259.540get 0.0000% / 8h4h 44m$203K$211K20x
ShortArcus AMZN-USD259.650.0040get 0.0005% / 1h44m 09s$197K$240K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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

Funding earned
$8.46
Price spread: +0.043% → −0.066%
$10.92
Slippage, 4 orders
−$85.33
Fee Aster: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$78.45
Costs to cover
0.978%
Break-even
71.9 days
Slippage from Aster: live order book, 12 min ago; Arcus: live order book, 14 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 Aster live order book, 12 min ago3.27 bp44.5 bp −$45147.3 bp −$1,473doesn't fitdoesn't fit
Sell Arcus live order book, 14 min ago3.66 bp9.9 bp −$1012.4 bp −$124doesn't fitdoesn'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
Aster AMZNUSDTlong0.0000%8h259.54long leg$203K$211K20x
Gate AMZN_USDT0.0000%8h259.56+0.008%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.84+0.116%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.81+0.105%$8K$1.8M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0032%1h259.55+0.005%$918K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.71+0.066%$1.4M$3.8M10xas long as short
Arcus AMZN-USDshort+0.0040%1h259.65+0.043%$197K$240K10x
Vest AMZN-USD-PERP+0.0046%1h259.53−0.003%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.66+0.047%$321K$275K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.70+0.062%$657$5K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps AMZN-USD.P+0.0050%1h259.54+0.001%$1.3M$1.2M10xas long as short
Lighter RH AMZN+0.0056%1h259.77+0.089%$723K$1.5M10xas long as short
Hotstuff AMZN-PERP+0.0056%1h259.66+0.047%$33K20xas long as short
OKX AMZN-USDT-SWAP+0.0060%8h259.82+0.109%$2.9M$4.6M20xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0097%1h259.58+0.016%$28K$174K10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.58+0.016%$1.5M$534K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.48−0.022%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.77+0.089%$1K$32010xas long as short
edgeX AMZNUSDC+0.0102%4h259.71+0.068%$28K$249K10xas long as short
Aevo AMZN-PERP+0.0104%1h259.65+0.044%$14K$51010xas long as short
Bybit AMZNUSDT+0.0125%8h259.84+0.116%$3.7M$3.2M100xas long as short
Variational Omni AMZN+0.0131%8h259.75+0.084%$1.8M$1.1Mas long as short
Extended AMZN_24_5-USD+0.0144%1h259.69+0.060%$499K$2.7M10xas long as short
Binance AMZNUSDT+0.0148%8h259.79+0.097%$16.1M$29.6M20xas long as short
tradeXYZ xyz:AMZN+0.0150%1h259.68+0.055%$29.9M$11.2M20xas long as short
Phoenix AMZN+0.0185%1h259.81+0.105%$5K$77K20xas long as short
Nado AMZN-PERP+0.0197%1h259.53−0.004%$415K$118K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.45−0.034%$75K$27K30xas long as short
BloFin AMZN-USDT+0.0267%8h259.76+0.085%$179K$204K20xas long as short
Lighter AMZN+0.0272%1h259.75+0.082%$811K$1.1M20xas long as short