Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h −0.017%

Price spread now: Nado against Bitget−0.038%52s7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.471% of the position

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.038%, 7d avg −0.043%

Together, before fees−0.076%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour. The two prices were read 52 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	Bitget AMZNUSDT	260.01	0	get 0.0000% / 8h	21m 38s	$4.9M	$4.0M	100x
Short	Nado AMZN-PERP	259.91	0.0128	get 0.0016% / 1h	21m 38s	$414K	$114K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee BitgetbpFee NadobpOrdersPrice spread, now −0.038%Rate

Funding earned: $26.84
Price spread: −0.038% → −0.043%: $0.54
Slippage, 4 orders: −$28.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$19.7
Costs to cover: 0.471%
Break-even: 12.1 days

Slippage from Bitget: live order book, 1 min ago; Nado: 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 Bitget live order book, 1 min ago	1.35 bp	10.8 bp −$11	14.2 bp −$142	31.6 bp −$3,157	doesn't fit
Sell Nado live order book, 16 min ago	0.96 bp	12.1 bp −$12	48.8 bp −$488	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
Deribit AMZN_USDC-PERPETUAL	−0.0096%	1h	259.76	−0.096%	$29K	$172K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.93	−0.032%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.95	−0.023%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.77	−0.092%	$764K	$2.6M	100x	as long as short
Bitget AMZNUSDTlong	0.0000%	8h	260.01	long leg	$4.9M	$4.0M	100x
Variational Omni AMZN	0.0000%	8h	259.94	−0.029%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.96	−0.019%	$10K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0023%	8h	259.97	−0.015%	$16.0M	$29.4M	20x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.91	−0.039%	$498K	$3.0M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.94	−0.027%	$739K	$1.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.84	−0.065%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.88	−0.050%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.85	−0.062%	$30.0M	$11.2M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.83	−0.069%	$321K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.94	−0.027%	$680	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.64	−0.142%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.91	−0.038%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.54	−0.181%	$915K	$2.3M	10x	as long as short
BloFin AMZN-USDT	+0.0095%	8h	259.96	−0.019%	$178K	$301K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.72	−0.112%	$1.5M	$398K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.81	−0.077%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.94	−0.027%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.89	−0.047%	$14K	$510	10x	as long as short
Nado AMZN-PERPshort	+0.0128%	1h	259.91	−0.038%	$414K	$114K	20x
Hotstuff AMZN-PERP	+0.0144%	1h	259.84	−0.065%	$33K	—	20x	as long as short
Lighter AMZN	+0.0168%	1h	259.95	−0.024%	$749K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0186%	8h	260.06	+0.019%	$4.0M	$3.3M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.68	−0.127%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.89	−0.046%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0583%	4h	259.90	−0.044%	$28K	$248K	10x	as long as short