Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.016%

Price spread now: Aster against Coinbase International−0.003%7-day average +0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$940.936% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.212%−$21 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.003%, 7d avg +0.104%

Together, before fees−0.196%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.107% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.104%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AMZN-PERP-INTX	259.55	0.0032	pay 0.0004% / 1h	42m 53s	$918K	$2.4M	10x
Short	Aster AMZNUSDT	259.54	0	get 0.0000% / 8h	4h 42m	$203K	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$6.72
Price spread: −0.003% → +0.104%: −$10.69
Slippage, 4 orders: −$75.56
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$110.97
Costs to cover: 0.936%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Aster: live order book, 14 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 Coinbase International live order book, 1 min ago	1.73 bp	7.9 bp −$8	10.1 bp −$101	doesn't fit	doesn't fit
Sell Aster live order book, 14 min ago	3.27 bp	33.0 bp −$33	doesn't fit	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
Aster AMZNUSDTshort	0.0000%	8h	259.54	−0.003%	$203K	$211K	20x
Gate AMZN_USDT	0.0000%	8h	259.54	−0.004%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.83	+0.108%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.78	+0.088%	$16K	$1.8M	10x	as long as short
Coinbase International AMZN-PERP-INTXlong	+0.0032%	1h	259.55	long leg	$918K	$2.4M	10x
QFEX AMZN-USD	+0.0040%	1h	259.71	+0.062%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.65	+0.039%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.55	0.000%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.63	+0.031%	$321K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.69	+0.054%	$659	$5K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.54	−0.004%	$1.3M	$1.2M	10x	as long as short
Lighter RH AMZN	+0.0056%	1h	259.78	+0.089%	$723K	$1.5M	10x	as long as short
Hotstuff AMZN-PERP	+0.0056%	1h	259.67	+0.046%	$33K	—	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0058%	1h	259.59	+0.015%	$28K	$174K	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0060%	8h	259.84	+0.112%	$2.9M	$4.6M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.59	+0.015%	$1.5M	$534K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.51	−0.015%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.79	+0.092%	$1K	$320	10x	as long as short
edgeX AMZNUSDC	+0.0102%	4h	259.71	+0.063%	$28K	$249K	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.69	+0.053%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0129%	8h	259.81	+0.100%	$3.7M	$3.2M	100x	as long as short
Variational Omni AMZN	+0.0131%	8h	259.75	+0.079%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0148%	8h	259.75	+0.077%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.68	+0.052%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0155%	1h	259.65	+0.039%	$29.9M	$11.2M	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.81	+0.100%	$5K	$77K	20x	as long as short
Nado AMZN-PERP	+0.0196%	1h	259.55	+0.001%	$415K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.45	−0.039%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0268%	8h	259.78	+0.089%	$179K	$204K	20x	as long as short
Lighter AMZN	+0.0280%	1h	259.76	+0.082%	$811K	$1.1M	20x	as long as short