Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0763%/8h= +83.5% APRpaid last 24h +0.211%

Price spread now: edgeX against Deribit+0.085%75s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$330.330% of the position

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.384%−$38 on $10k

Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.085%, 7d avg +0.040%

Together, before fees−0.480%+ Points / potential airdropedgeX: Active · farm board−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.045% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 5 days funding on this pair cost −0.384%, so the current rate has only just turned in your favour. The two prices were read 75 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	Deribit AMZN_USDC-PERPETUAL	259.62	0	get 0.0000% / 1h	2m 01s	$29K	$176K	10x
Short	edgeX AMZNUSDC	259.84	0.0763	get 0.0381% / 4h	1h 02m	$28K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now +0.085%Rate

Funding earned: $160.23
Price spread: +0.085% → +0.040%: $4.47
Slippage, 4 orders: −$16.97
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $131.72
Costs to cover: 0.330%
Break-even: 1.2 days

Slippage from Deribit: live order book, 41 min ago; edgeX: live order book, 40 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 Deribit live order book, 41 min ago	0.19 bp	9.0 bp −$9	11.4 bp −$114	doesn't fit	doesn't fit
Sell edgeX live order book, 40 min ago	5.39 bp	10.1 bp −$10	14.6 bp −$146	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 AMZNUSDT	0.0000%	8h	259.73	+0.042%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.83	+0.081%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.67	+0.019%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.87	+0.096%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.88	+0.102%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.83	+0.082%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUALlong	0.0000%	1h	259.62	long leg	$29K	$176K	10x
Binance AMZNUSDT	+0.0005%	8h	259.83	+0.082%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0008%	1h	259.78	+0.060%	$500K	$3.0M	10x	as long as short
Hotstuff AMZN-PERP	+0.0008%	1h	259.71	+0.035%	$33K	—	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMZN-USDT	+0.0020%	8h	259.86	+0.092%	$177K	$291K	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.66	+0.015%	$911K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.85	+0.089%	$726K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.70	+0.031%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.79	+0.065%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.61	−0.004%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.69	+0.027%	$322K	$294K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.77	+0.058%	$681	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.56	−0.023%	$1.3M	$1.2M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.61	−0.004%	$1.5M	$425K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.58	−0.015%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.79	+0.065%	$1K	$320	10x	as long as short
tradeXYZ xyz:AMZN	+0.0103%	1h	259.73	+0.042%	$30.0M	$11.3M	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.76	+0.055%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0136%	8h	260.01	+0.150%	$4.0M	$3.3M	100x	as long as short
Nado AMZN-PERP	+0.0137%	1h	259.62	+0.001%	$414K	$113K	20x	as long as short
Lighter AMZN	+0.0152%	1h	259.83	+0.081%	$749K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.54	−0.031%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.87	+0.096%	$5K	$78K	20x	as long as short
edgeX AMZNUSDCshort	+0.0763%	4h	259.84	+0.085%	$28K	$249K	10x