Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.7% APRpaid last 24h −0.011%

Price spread now: GRVT against Deribit−0.019%7-day average +0.050% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Deribit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.130%−$13 on $10k

Price spread, last 3 days (all we have)+0.001%$0 · spread now −0.019%, 7d avg +0.050%

Together, before fees−0.129%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.069% cheaper against Deribit than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.050%). If the spread goes back, that is −$7 on $10k: about 41 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 5 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AMZN_USDC-PERPETUAL	259.20	0.0020	pay 0.0003% / 1h	22m 59s	$27K	$177K	10x
Short	GRVT AMZN_USDT_Perp	259.15	0.0154	get 0.0154% / 8h	22m 59s	$7K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.019%Rate

Funding earned: $28.11
Price spread: −0.019% → +0.050%: −$6.89
Slippage, 4 orders: −$12.59
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$7.37
Costs to cover: 0.286%
Break-even: 8.8 days

Slippage from Deribit: live order book, 56 min ago; GRVT: live order book, 5 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, 56 min ago	0.19 bp	3.7 bp −$4	5.8 bp −$58	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	1.35 bp	8.0 bp −$8	15.0 bp −$150	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	259.13	−0.027%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.15	−0.019%	$765K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUALlong	+0.0020%	1h	259.20	long leg	$27K	$177K	10x
Lighter RH AMZN	+0.0032%	1h	259.39	+0.073%	$723K	$1.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.10	−0.039%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.21	+0.004%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.28	+0.031%	$626	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.93	−0.104%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.33	+0.050%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.00	−0.077%	$940K	$2.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	259.11	−0.035%	$1.5M	$619K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.12	−0.031%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.32	+0.046%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.28	+0.030%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0135%	8h	259.40	+0.077%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perpshort	+0.0154%	8h	259.15	−0.019%	$7K	$1.8M	10x
tradeXYZ xyz:AMZN	+0.0199%	1h	259.20	0.000%	$28.5M	$10.9M	20x	as long as short
Hotstuff AMZN-PERP	+0.0208%	1h	259.26	+0.023%	$33K	—	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.07	−0.050%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0236%	8h	259.19	−0.006%	$1.8M	$1.4M	—	as long as short
Nado AMZN-PERP	+0.0241%	1h	259.22	+0.006%	$415K	$122K	20x	as long as short
Extended AMZN_24_5-USD	+0.0248%	1h	259.30	+0.037%	$497K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0251%	8h	259.36	+0.063%	$16.1M	$31.0M	20x	as long as short
Arcus AMZN-USD	+0.0274%	1h	259.21	+0.004%	$197K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0291%	8h	259.34	+0.054%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.16	−0.015%	$5K	$98K	20x	as long as short
Bybit AMZNUSDT	+0.0349%	8h	259.30	+0.039%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0368%	1h	259.41	+0.083%	$834K	$1.1M	20x	as long as short
BloFin AMZN-USDT	+0.0371%	8h	259.37	+0.066%	$178K	$216K	20x	as long as short
edgeX AMZNUSDC	+0.0549%	4h	259.26	+0.022%	$28K	$247K	10x	as long as short