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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0826%/8h= +90.4% APRpaid last 24h +0.124%
Price spread now: edgeX against Coinbase International+0.040%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$360.357% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.346%−$35 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.040%, 7d avg +0.098%
Together, before fees−0.330%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.058% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.098%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −0.346%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.346% in total (about -18.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.270.0072pay 0.0009% / 1h40m 49s$940K$2.4M10x
ShortedgeX AMZNUSDC259.370.0898get 0.0449% / 4h2h 40m$28K$247K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$173.41
Price spread: +0.040% → +0.098%
−$5.75
Slippage, 4 orders
−$16.66
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$132.01
Costs to cover
0.357%
Break-even
1.7 days
Slippage from Coinbase International: live order book, 3 min ago; edgeX: live order book, 26 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, 3 min ago2.12 bp8.0 bp −$811.3 bp −$113doesn't fitdoesn't fit
Sell edgeX live order book, 26 min ago5.40 bp10.1 bp −$1014.5 bp −$145doesn'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%8h259.17−0.040%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.12−0.058%$767K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.10−0.066%$28K$173K10xas long as short
Lighter RH AMZN+0.0032%1h259.31+0.015%$717K$1.5M10xas long as short
Arcus AMZN-USD+0.0040%1h259.25−0.008%$197K$241K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.18−0.035%$104K25xas long as short
QFEX AMZN-USD+0.0049%1h259.28+0.004%$1.4M$4.2M10xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.17−0.039%$311K$282K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.26−0.004%$634$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.05−0.085%$1.3M$1.2M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTXlong+0.0072%1h259.27long leg$940K$2.4M10x
GRVT AMZN_USDT_Perp+0.0074%8h259.45+0.068%$14K$1.8M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.21−0.023%$1.5M$597K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.19−0.031%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.29+0.008%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.21−0.025%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0108%8h259.42+0.058%$2.9M$4.5M20xas long as short
Hotstuff AMZN-PERP+0.0120%1h259.25−0.008%$33K20xas long as short
Bitget AMZNUSDT+0.0131%8h259.33+0.023%$4.8M$3.8M100xas long as short
Nado AMZN-PERP+0.0158%1h259.15−0.045%$413K$122K20xas long as short
Lighter AMZN+0.0208%1h259.270.000%$824K$1.1M20xas long as short
tradeXYZ xyz:AMZN+0.0212%1h259.25−0.008%$29.5M$11.0M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.12−0.058%$75K$27K30xas long as short
Variational Omni AMZN+0.0255%8h259.31+0.013%$1.7M$1.1Mas long as short
Binance AMZNUSDT+0.0256%8h259.24−0.012%$16.2M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0256%1h259.22−0.021%$498K$2.7M10xas long as short
Phoenix AMZN+0.0277%1h259.34+0.027%$5K$78K20xas long as short
Bybit AMZNUSDT+0.0289%8h259.35+0.031%$3.7M$3.1M100xas long as short
BloFin AMZN-USDT+0.0380%8h259.40+0.050%$178K$215K20xas long as short
edgeX AMZNUSDCshort+0.0898%4h259.37+0.040%$28K$247K10x