Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h −0.017%

Price spread now: tradeXYZ against Binance−0.061%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on Binance Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.013%−$1 · spread now −0.061%, 7d avg −0.089%

Together, before fees−0.042%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.028% dearer against Binance than usual: you sell high and buy low (spread −0.061% now, against its 7-day average of −0.089%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days. At the pace of the last 7 days (−0.029% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AMZNUSDT	260.61	0.0134	pay 0.0134% / 8h	6h 16m	$16.3M	$30.3M	20x
Short	tradeXYZ xyz:AMZN	260.45	0.0105	get 0.0013% / 1h	16m 18s	$30.1M	$11.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Binance. 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 BinancebpFee tradeXYZbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$6.09
Price spread: −0.061% → −0.089%: $2.8
Slippage, 4 orders: −$3.98
Fee Binance: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$35.28
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; tradeXYZ: live order book, 6 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 Binance live order book, 3 min ago	0.58 bp	6.0 bp −$6	10.5 bp −$105	40.9 bp −$4,093	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.38 bp	10.1 bp −$10	12.2 bp −$122	doesn't fit	doesn't fit

AMZN on 30 exchanges

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 AMZNUSDT	0.0000%	8h	260.50	−0.043%	$204K	$209K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	260.41	−0.077%	$779K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.64	+0.012%	$4.9M	$4.2M	100x	as long as short
OKX AMZN-USDT-SWAP	+0.0008%	8h	260.68	+0.027%	$2.9M	$4.7M	20x	as long as short
Hotstuff AMZN-PERP	+0.0016%	1h	260.35	−0.100%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	260.54	−0.027%	$717K	$1.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	260.39	−0.084%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	260.41	−0.077%	$323K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.51	−0.038%	$700	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	260.18	−0.165%	$1.3M	$1.0M	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0063%	1h	260.47	−0.054%	$1.4M	$3.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	260.38	−0.088%	$923K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	260.41	−0.077%	$1.5M	$466K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	260.32	−0.111%	$93K	$140K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.60	−0.004%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	260.50	−0.043%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0105%	8h	260.62	+0.002%	$1.8M	$1.0M	—	as long as short
tradeXYZ xyz:AMZNshort	+0.0105%	1h	260.45	−0.061%	$30.1M	$11.5M	20x
Binance AMZNUSDTlong	+0.0134%	8h	260.61	long leg	$16.3M	$30.3M	20x
Extended AMZN_24_5-USD	+0.0136%	1h	260.53	−0.030%	$501K	$3.0M	10x	as long as short
Arcus AMZN-USD	+0.0142%	1h	260.37	−0.092%	$198K	$205K	10x	as long as short
Phoenix AMZN	+0.0215%	1h	260.47	−0.054%	$5K	$84K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.72	+0.042%	$75K	$27K	30x	as long as short
Nado AMZN-PERP	+0.0233%	1h	260.35	−0.100%	$412K	$112K	20x	as long as short
BloFin AMZN-USDT	+0.0253%	8h	260.62	+0.004%	$181K	$314K	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0278%	8h	260.56	−0.018%	$12K	$1.8M	10x	as long as short
Lighter AMZN	+0.0280%	1h	260.58	−0.012%	$730K	$1.3M	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0326%	1h	260.49	−0.046%	$29K	$138K	10x	as long as short
Bybit AMZNUSDT	+0.0475%	8h	260.61	0.000%	$4.3M	$3.5M	100x	as long as short
edgeX AMZNUSDC	+0.0629%	4h	260.56	−0.017%	$28K	$249K	10x	as long as short