Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.063%

Price spread now: Polymarket Perps against BloFin−0.019%45s7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

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

costs, in and out, $10k−$310.308% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now −0.019%, 7d avg −0.077%

Together, before fees−0.283%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.058% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.077%. The two prices were read 45 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	BloFin AMZN-USDT	259.74	0.0050	pay 0.0050% / 8h	1h 47m	$177K	$206K	20x
Short	Polymarket Perps AMZN-USD	259.69	0.0050	get 0.0006% / 1h	47m 38s	$318K	$288K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$0.08
Price spread: −0.019% → −0.077%: $5.82
Slippage, 4 orders: −$10.8
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$25.06
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; Polymarket Perps: live order book, 60 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 BloFin live order book, 28 min ago	0.19 bp	13.0 bp −$13	16.2 bp −$162	29.1 bp −$2,906	doesn't fit
Sell Polymarket Perps live order book, 60 min ago	1.35 bp	5.3 bp −$5	6.6 bp −$66	8.9 bp −$893	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	−0.0097%	1h	259.55	−0.073%	$28K	$176K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.78	+0.016%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.77	+0.012%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.60	−0.054%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.79	+0.019%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.82	+0.033%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.85	+0.042%	$10K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0012%	8h	259.81	+0.027%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	259.74	−0.001%	$498K	$3.1M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	−0.004%	$911K	$2.3M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AMZNUSDC	+0.0027%	4h	259.73	−0.003%	$28K	$249K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.82	+0.031%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.69	−0.019%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.73	−0.004%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.71	−0.012%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.71	−0.012%	$30.0M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USDshort	+0.0050%	1h	259.69	−0.019%	$318K	$288K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.74	0.000%	$686	$5K	10x	as long as short
BloFin AMZN-USDTlong	+0.0050%	8h	259.74	long leg	$177K	$206K	20x
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.50	−0.092%	$1.3M	$1.2M	10x	as long as short
Bybit AMZNUSDT	+0.0098%	8h	259.78	+0.015%	$3.7M	$3.2M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.72	−0.008%	$1.5M	$457K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.61	−0.050%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.73	−0.004%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.72	−0.007%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0112%	1h	259.70	−0.015%	$33K	—	20x	as long as short
Lighter AMZN	+0.0120%	1h	259.80	+0.024%	$750K	$1.3M	20x	as long as short
Nado AMZN-PERP	+0.0144%	1h	259.66	−0.031%	$414K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.71	−0.012%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.85	+0.042%	$5K	$78K	20x	as long as short