Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h +0.035%

Price spread now: Extended against Aster+0.069%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$1021.017% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.145%+$14 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.069%, 7d avg −0.027%

Together, before fees+0.024%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.095% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.027%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.145% in total (about 7.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AMZNUSDT	259.20	0	get 0.0000% / 8h	7h 37m	$203K	$211K	20x
Short	Extended AMZN_24_5-USD	259.38	0.0272	get 0.0034% / 1h	37m 43s	$498K	$3.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.069%Rate

Funding earned: $57.12
Price spread: +0.069% → −0.027%: $9.54
Slippage, 4 orders: −$88.74
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$35.08
Costs to cover: 1.017%
Break-even: 11.3 days

Slippage from Aster: live order book, 34 min ago; Extended: live order book, 1 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, 34 min ago	4.43 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.58 bp	6.6 bp −$7	31.0 bp −$310	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	259.20	long leg	$203K	$211K	20x
Gate AMZN_USDT	0.0000%	8h	259.19	−0.003%	$766K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.20	+0.001%	$27K	$173K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.45	+0.097%	$717K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.20	+0.001%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.22	+0.009%	$306K	$281K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.33	+0.051%	$617	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.05	−0.057%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.37	+0.066%	$1.4M	$4.4M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.24	+0.016%	$939K	$2.5M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff AMZN-PERP	+0.0096%	1h	259.29	+0.036%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.25	+0.020%	$1.5M	$604K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.20	+0.001%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.38	+0.070%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.29	+0.034%	$14K	$510	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0109%	8h	259.40	+0.078%	$14K	$1.8M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0132%	8h	259.43	+0.090%	$2.9M	$4.5M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0162%	1h	259.28	+0.032%	$28.6M	$10.7M	20x	as long as short
Nado AMZN-PERP	+0.0201%	1h	259.15	−0.017%	$414K	$122K	20x	as long as short
Bybit AMZNUSDT	+0.0201%	8h	259.42	+0.086%	$3.7M	$3.2M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.14	−0.022%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0224%	1h	259.43	+0.088%	$827K	$1.1M	20x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.29	+0.036%	$197K	$241K	10x	as long as short
Variational Omni AMZN	+0.0269%	8h	259.42	+0.084%	$1.8M	$1.4M	—	as long as short
Bitget AMZNUSDT	+0.0271%	8h	259.38	+0.070%	$4.8M	$3.9M	100x	as long as short
Extended AMZN_24_5-USDshort	+0.0272%	1h	259.38	+0.069%	$498K	$3.6M	10x
Binance AMZNUSDT	+0.0276%	8h	259.43	+0.090%	$16.1M	$30.4M	20x	as long as short
edgeX AMZNUSDC	+0.0302%	4h	259.37	+0.066%	$28K	$247K	10x	as long as short
Phoenix AMZN	+0.0339%	1h	259.35	+0.059%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0395%	8h	259.38	+0.070%	$179K	$215K	20x	as long as short