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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.003%
Price spread now: Deribit against Coinbase International+0.073%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.301% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.073%, 7d avg +0.054%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.740.0088pay 0.0011% / 1h33m 21s$916K$2.3M10x
ShortDeribit AMZN_USDC-PERPETUAL259.930get 0.0000% / 1h33m 21s$29K$173K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$18.48
Price spread: +0.073% → +0.054%
$1.91
Slippage, 4 orders
−$13.15
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$46.72
Costs to cover
0.301%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Deribit: live order book, 65 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, 5 min ago2.89 bp7.9 bp −$810.4 bp −$104doesn't fitdoesn't fit
Sell Deribit live order book, 65 min ago0.19 bp3.7 bp −$44.4 bp −$44doesn't fitdoesn'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%8h260.09+0.135%$204K$209K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.01+0.104%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.86+0.046%$766K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.10+0.139%$4.9M$4.1M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.11+0.143%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUALshort0.0000%1h259.93+0.073%$29K$173K10x
Variational Omni AMZN+0.0006%8h260.15+0.160%$1.8M$1.1Mas long as short
Hotstuff AMZN-PERP+0.0016%1h259.92+0.069%$33K20xas long as short
Binance AMZNUSDT+0.0031%8h260.01+0.104%$16.2M$30.0M20xas long as short
Lighter RH AMZN+0.0032%1h260.04+0.116%$719K$1.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AMZN_24_5-USD+0.0032%1h259.93+0.074%$501K$3.0M10xas long as short
Arcus AMZN-USD+0.0040%1h259.93+0.073%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.93+0.073%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.88+0.054%$321K$282K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.93+0.073%$700$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.81+0.027%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0052%1h259.98+0.092%$1.4M$3.5M10xas long as short
tradeXYZ xyz:AMZN+0.0054%1h259.92+0.069%$30.0M$11.3M20xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0088%1h259.74long leg$916K$2.3M10x
KuCoin AMZNUSDTM+0.0100%8h259.86+0.046%$1.5M$413K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.85+0.042%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.04+0.116%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h260.07+0.126%$14K$51010xas long as short
BloFin AMZN-USDT+0.0126%8h260.05+0.119%$179K$304K20xas long as short
Nado AMZN-PERP+0.0153%1h259.95+0.080%$414K$114K20xas long as short
Lighter AMZN+0.0184%1h260.01+0.105%$743K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.10+0.139%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h260.03+0.112%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0516%4h260.10+0.137%$28K$249K10xas long as short
Bybit AMZNUSDT+0.0574%8h260.12+0.146%$4.1M$3.4M100xas long as short