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: Arcus against Bitget−0.054%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.028% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AMZNUSDT258.970.0264pay 0.0264% / 8h2h 21m$4.8M$4.0M100x
ShortArcus AMZN-USD258.830.0302get 0.0038% / 1h21m 59s$196K$239K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Bitget. 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%
$2.76
Slippage, 4 orders
−$9.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$15.11
Costs to cover
0.258%
Break-even
20.3 days
Slippage from Bitget: live order book, 1 min ago; Arcus: 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 Bitget live order book, 1 min ago1.54 bp7.9 bp −$811.9 bp −$11938.0 bp −$3,795doesn't fit
Sell Arcus live order book, 1 min ago0.97 bp5.1 bp −$55.5 bp −$5515.5 bp −$1,549doesn'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%1h258.61−0.139%$74K$27K30xas long as short
Aster AMZNUSDT0.0000%8h258.90−0.026%$202K$211K20xas long as short
Gate AMZN_USDT0.0000%8h258.76−0.081%$757K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h258.86−0.042%$27K$275K10xas long as short
Coinbase International AMZN-PERP-INTX+0.0040%1h258.86−0.042%$941K$2.7M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h258.85−0.046%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h258.82−0.058%$304K$311K10xas long as short
SoDEX AMZN-USD+0.0050%1h258.94−0.012%$618$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h258.59−0.147%$1.3M$1.3M10xas long as short
Hotstuff AMZN-PERP+0.0064%1h258.91−0.023%$33K20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMZN-USD+0.0068%1h258.95−0.008%$1.4M$4.4M10xas long as short
GRVT AMZN_USDT_Perp+0.0094%8h258.98+0.005%$12K$1.7M10xas long as short
Lighter RH AMZN+0.0096%1h259.09+0.046%$712K$1.7M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h258.78−0.073%$1.5M$650K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h258.72−0.097%$92K$139K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h258.98+0.004%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h258.95−0.009%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0115%8h258.95−0.008%$2.9M$4.4M20xas long as short
Variational Omni AMZN+0.0145%8h258.96−0.002%$1.6M$1.4Mas long as short
Binance AMZNUSDT+0.0168%8h259.01+0.015%$16.0M$31.5M20xas long as short
Extended AMZN_24_5-USD+0.0168%1h258.98+0.003%$490K$2.5M10xas long as short
tradeXYZ xyz:AMZN+0.0171%1h258.93−0.015%$28.1M$11.3M20xas long as short
Nado AMZN-PERP+0.0237%1h258.78−0.075%$414K$123K20xas long as short
Bitget AMZNUSDTlong+0.0264%8h258.97long leg$4.8M$4.0M100x
BloFin AMZN-USDT+0.0287%8h258.93−0.015%$179K$189K20xas long as short
Bybit AMZNUSDT+0.0291%8h258.98+0.004%$3.7M$3.2M100xas long as short
Arcus AMZN-USDshort+0.0302%1h258.83−0.054%$196K$239K10x
Phoenix AMZN+0.0309%1h258.91−0.023%$5K$118K20xas long as short
Lighter AMZN+0.0368%1h259.08+0.043%$833K$1.2M20xas long as short
edgeX AMZNUSDC+0.0393%4h258.97−0.001%$28K$247K10xas long as short