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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0119%/8h= +13.1% APRpaid last 24h +0.011%
Price spread now: KuCoin against Deribit+0.031%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2001.998% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.031%, 7d avg −0.030%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.061% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AMZN_USDC-PERPETUAL259.78−0.0019get 0.0002% / 1h3m 20s$28K$176K10x
ShortKuCoin AMZNUSDTM259.860.0100get 0.0100% / 8h2h 03m$1.5M$466K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$25.07
Price spread: +0.031% → −0.030%
$6.11
Slippage, 4 orders
−$180.82
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$168.63
Costs to cover
1.998%
Break-even
54.1 days
Slippage from Deribit: live order book, 45 min ago; KuCoin: live order book, 2 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 Deribit live order book, 45 min ago0.19 bp12.1 bp −$1213.2 bp −$132doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago4.43 bp60.0 bp −$60doesn't fitdoesn'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
Deribit AMZN_USDC-PERPETUALlong−0.0019%1h259.78long leg$28K$176K10x
Aster AMZNUSDT0.0000%8h260.03+0.097%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.09+0.119%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.89+0.042%$766K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h260.09+0.119%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h260.12+0.129%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.08+0.114%$10K$1.8M10xas long as short
QFEX AMZN-USD+0.0020%1h259.98+0.077%$1.4M$3.6M10xas long as short
Binance AMZNUSDT+0.0020%8h260.07+0.112%$15.9M$29.9M20xas long as short
Extended AMZN_24_5-USD+0.0024%1h259.99+0.080%$498K$3.1M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTX+0.0024%1h259.73−0.019%$914K$2.3M10xas long as short
Lighter RH AMZN+0.0032%1h260.08+0.115%$726K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.95+0.065%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.93+0.058%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.93+0.058%$321K$285K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.99+0.081%$675$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.86+0.031%$1.3M$1.2M10xas long as short
BloFin AMZN-USDT+0.0077%8h260.01+0.089%$176K$205K20xas long as short
Bybit AMZNUSDT+0.0098%8h260.17+0.150%$3.7M$3.2M100xas long as short
KuCoin AMZNUSDTMshort+0.0100%8h259.86+0.031%$1.5M$466K20x
ApeX Omni AMZNUSDT+0.0100%1h259.89+0.042%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.04+0.100%$1K$32010xas long as short
Nado AMZN-PERP+0.0102%1h259.91+0.049%$414K$113K20xas long as short
Aevo AMZN-PERP+0.0104%1h259.99+0.079%$14K$51010xas long as short
Hotstuff AMZN-PERP+0.0128%1h259.97+0.073%$33K20xas long as short
tradeXYZ xyz:AMZN+0.0131%1h259.94+0.062%$30.0M$11.3M20xas long as short
Lighter AMZN+0.0152%1h260.06+0.108%$747K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.26+0.185%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h260.08+0.115%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0979%4h260.07+0.111%$28K$249K10xas long as short