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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0353%/8h= −38.6% APRpaid last 24h −0.057%
Price spread now: Deribit against BloFin−0.088%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.104%−$10 on $10k
Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.088%, 7d avg −0.058%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Deribit is 0.031% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.104% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AMZN-USDT260.190.0411pay 0.0411% / 8h5h 06m$184K$316K20x
ShortDeribit AMZN_USDC-PERPETUAL259.960.0058get 0.0007% / 1h6m 57s$37K$144K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against BloFin. 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
−$74.11
Price spread: −0.088% → −0.058%
−$3.05
Slippage, 4 orders
−$8.9
Fee BloFin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$105.06
Costs to cover
0.279%
Break-even
never at this rate
Slippage from BloFin: live order book, 33 min ago; Deribit: live order book, 40 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 BloFin live order book, 33 min ago0.19 bp6.5 bp −$79.0 bp −$9018.5 bp −$1,851doesn't fit
Sell Deribit live order book, 40 min ago0.19 bp3.7 bp −$45.3 bp −$53doesn't fitdoesn't fit

AMZN on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AMZN-PERP−0.1600%1h259.95−0.092%$33K20xas long as short
Aster AMZNUSDT0.0000%8h259.90−0.110%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.98−0.081%$828K$2.7M100xas long as short
Bitget AMZNUSDT+0.0023%8h260.16−0.012%$5.0M$5.0M100xas long as short
Lighter RH AMZN+0.0032%1h260.04−0.058%$713K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.95−0.092%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.97−0.085%$30.2M$11.6M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.97−0.085%$317K$293K10xas long as short
SoDEX AMZN-USD+0.0050%1h260.01−0.069%$696$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.73−0.177%$1.3M$1.0M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AMZN_USDC-PERPETUALshort+0.0058%1h259.96−0.088%$37K$144K10x
QFEX AMZN-USD+0.0061%1h260.04−0.058%$1.4M$3.5M10xas long as short
OKX AMZN-USDT-SWAP+0.0077%8h260.20+0.004%$2.9M$4.9M20xas long as short
Coinbase International AMZN-PERP-INTX+0.0080%1h259.81−0.146%$927K$2.5M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.89−0.115%$1.5M$521K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.78−0.158%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.14−0.019%$1K$1K10xas long as short
Aevo AMZN-PERP+0.0104%1h259.98−0.081%$14K$51010xas long as short
edgeX AMZNUSDC+0.0137%4h260.02−0.067%$28K$248K10xas long as short
Lighter AMZN+0.0152%1h260.05−0.055%$726K$1.3M20xas long as short
Nado AMZN-PERP+0.0179%1h259.98−0.081%$404K$118K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.190.000%$76K$23K30xas long as short
Arcus AMZN-USD+0.0246%1h259.97−0.085%$197K$207K10xas long as short
Variational Omni AMZN+0.0264%8h260.05−0.056%$1.8M$1.0Mas long as short
Phoenix AMZN+0.0276%1h259.97−0.085%$5K$84K20xas long as short
Binance AMZNUSDT+0.0294%8h260.08−0.042%$16.4M$32.3M20xas long as short
Extended AMZN_24_5-USD+0.0296%1h260.01−0.069%$501K$3.3M10xas long as short
Bybit AMZNUSDT+0.0398%8h260.13−0.023%$4.3M$3.6M100xas long as short
BloFin AMZN-USDTlong+0.0411%8h260.19long leg$184K$316K20x
GRVT AMZN_USDT_Perp+0.0470%8h260.07−0.046%$17K$1.8M10xas long as short