Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.019%

Price spread now: Variational Omni against Deribit+0.064%7-day average +0.060% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.084%−$8 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.064%, 7d avg +0.060%

Together, before fees−0.106%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.084%, 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	259.43	−0.0058	get 0.0007% / 1h	24m 25s	$28K	$174K	10x
Short	Variational Omni AMZN	259.60	0.0125	get 0.0125% / 8h	4h 24m	$1.8M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.064%Rate

Funding earned: $38.55
Price spread: +0.064% → +0.060%: $0.4
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $31.96
Costs to cover: 0.070%
Break-even: 1.2 days

Slippage unknown: Deribit: live order book, 34 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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, 34 min ago	0.19 bp	9.8 bp −$10	11.5 bp −$115	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.43 bp	doesn't fit	18.5 bp −$185	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
Deribit AMZN_USDC-PERPETUALlong	−0.0058%	1h	259.43	long leg	$28K	$174K	10x
Aster AMZNUSDT	0.0000%	8h	259.55	+0.045%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.46	+0.012%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.69	+0.100%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.60	+0.066%	$16K	$1.8M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.69	+0.100%	$721K	$1.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	+0.066%	$917K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.58	+0.058%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.49	+0.023%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.51	+0.031%	—	$104K	25x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMZN-USD	+0.0050%	1h	259.47	+0.015%	$320K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.55	+0.046%	$662	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.34	−0.035%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0057%	8h	259.66	+0.089%	$2.9M	$4.6M	20x	as long as short
edgeX AMZNUSDC	+0.0062%	4h	259.54	+0.042%	$28K	$248K	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.56	+0.050%	$1.5M	$517K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.48	+0.019%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.58	+0.058%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.55	+0.045%	$14K	$510	10x	as long as short
Variational Omni AMZNshort	+0.0125%	8h	259.60	+0.064%	$1.8M	$1.1M	—
tradeXYZ xyz:AMZN	+0.0132%	1h	259.53	+0.039%	$29.8M	$11.0M	20x	as long as short
Binance AMZNUSDT	+0.0140%	8h	259.64	+0.081%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0144%	1h	259.56	+0.048%	$499K	$2.7M	10x	as long as short
Bybit AMZNUSDT	+0.0145%	8h	259.64	+0.081%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0159%	1h	259.53	+0.038%	$415K	$118K	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.65	+0.085%	$5K	$77K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.33	−0.039%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0232%	1h	259.63	+0.077%	$808K	$1.1M	20x	as long as short
BloFin AMZN-USDT	+0.0261%	8h	259.62	+0.073%	$180K	$204K	20x	as long as short
Hotstuff AMZN-PERP	+0.0296%	1h	259.52	+0.035%	$33K	—	20x	as long as short