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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.034%
Price spread now: Bitget against Coinbase International+0.058%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.058%, 7d avg +0.118%
Together, before fees−0.171%−$17 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 Bitget is 0.060% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.720.0024pay 0.0003% / 1h54m 56s$918K$2.4M10x
ShortBitget AMZNUSDT259.870get 0.0000% / 8h2h 54m$4.9M$4.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$5.04
Price spread: +0.058% → +0.118%
−$6.04
Slippage, 4 orders
−$11.82
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$44.89
Costs to cover
0.338%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Bitget: live order book, 3 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 Coinbase International live order book, 4 min ago1.92 bp6.9 bp −$79.7 bp −$97doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.15 bp10.9 bp −$1113.9 bp −$13937.3 bp −$3,730doesn'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
Aster AMZNUSDT0.0000%8h259.72−0.001%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.79+0.027%$2.9M$4.7M20xas long as short
Hotstuff AMZN-PERP0.0000%1h259.79+0.027%$33K20xas long as short
Gate AMZN_USDT0.0000%8h259.64−0.031%$764K$2.7M100xas long as short
Bitget AMZNUSDTshort0.0000%8h259.87+0.058%$4.9M$4.0M100x
GRVT AMZN_USDT_Perp0.0000%8h259.88+0.062%$11K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.62−0.039%$28K$175K10xas long as short
Variational Omni AMZN+0.0012%8h259.85+0.048%$1.8M$1.1Mas long as short
QFEX AMZN-USD+0.0020%1h259.70−0.008%$1.4M$3.7M10xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0024%1h259.72long leg$918K$2.4M10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AMZN+0.0032%1h259.79+0.027%$725K$1.6M10xas long as short
Nado AMZN-PERP+0.0035%1h259.67−0.019%$414K$112K20xas long as short
Binance AMZNUSDT+0.0039%8h259.73+0.004%$16.0M$29.8M20xas long as short
Extended AMZN_24_5-USD+0.0040%1h259.68−0.017%$501K$3.1M10xas long as short
Arcus AMZN-USD+0.0040%1h259.74+0.008%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.69−0.012%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.62−0.039%$317K$283K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.77+0.019%$684$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.58−0.054%$1.2M$1.1M10xas long as short
Lighter AMZN+0.0072%1h259.78+0.023%$796K$1.0M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.68−0.015%$1.5M$486K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.71−0.004%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.75+0.012%$1K$32010xas long as short
Bybit AMZNUSDT+0.0101%8h259.77+0.019%$3.7M$3.2M100xas long as short
Aevo AMZN-PERP+0.0104%1h259.69−0.010%$14K$51010xas long as short
tradeXYZ xyz:AMZN+0.0142%1h259.75+0.012%$29.9M$11.3M20xas long as short
BloFin AMZN-USDT+0.0157%8h259.80+0.031%$179K$206K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.56−0.062%$75K$27K30xas long as short
Phoenix AMZN+0.0277%1h259.94+0.085%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0989%4h259.80+0.031%$28K$248K10xas long as short