Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0704%/8h= −77.1% APRpaid last 24h −0.198%

Price spread now: ApeX Omni against edgeX−0.058%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$620.622% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.306%+$31 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.058%, 7d avg −0.034%

Together, before fees+0.310%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and ApeX Omni is 0.024% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.306%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.306% in total (about 16.0% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AMZNUSDC	259.78	0.0804	pay 0.0402% / 4h	1h 28m	$28K	$250K	10x
Short	ApeX Omni AMZNUSDT	259.63	0.0100	get 0.0013% / 1h	28m 27s	$93K	$129K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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 edgeXbpFee ApeX OmnibpOrdersPrice spread, now −0.058%Rate

Funding earned: −$147.93
Price spread: −0.058% → −0.034%: −$2.39
Slippage, 4 orders: −$43.2
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$212.52
Costs to cover: 0.622%
Break-even: never at this rate

Slippage from edgeX: live order book, 14 min ago; ApeX Omni: live order book, 12 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 edgeX live order book, 14 min ago	5.39 bp	10.1 bp −$10	14.3 bp −$143	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 12 min ago	2.50 bp	21.8 bp −$22	487.3 bp −$4,873	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	259.83	+0.017%	$202K	$207K	20x	as long as short
Extended AMZN_24_5-USD	0.0000%	1h	259.80	+0.006%	$502K	$3.0M	10x	as long as short
Binance AMZNUSDT	0.0000%	8h	259.90	+0.046%	$15.9M	$29.9M	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.88	+0.038%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.69	−0.035%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.91	+0.049%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.81	+0.013%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.80	+0.006%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.72	−0.024%	$29K	$176K	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	−0.020%	$911K	$2.3M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMZN	+0.0032%	1h	259.92	+0.053%	$726K	$1.6M	10x	as long as short
Hotstuff AMZN-PERP	+0.0032%	1h	259.81	+0.011%	$33K	—	20x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.72	−0.024%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.79	+0.003%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.75	−0.012%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.81	+0.011%	$30.0M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.74	−0.016%	$321K	$291K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.84	+0.022%	$678	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.54	−0.093%	$1.3M	$1.2M	10x	as long as short
Bybit AMZNUSDT	+0.0079%	8h	259.95	+0.065%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0088%	1h	259.88	+0.039%	$750K	$1.3M	20x	as long as short
BloFin AMZN-USDT	+0.0098%	8h	259.87	+0.034%	$177K	$206K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.82	+0.015%	$1.5M	$444K	20x	as long as short
ApeX Omni AMZNUSDTshort	+0.0100%	1h	259.63	−0.058%	$93K	$129K	50x
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.83	+0.019%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.80	+0.006%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0106%	1h	259.80	+0.008%	$415K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.51	−0.105%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.79	+0.003%	$5K	$78K	20x	as long as short
edgeX AMZNUSDClong	+0.0804%	4h	259.78	long leg	$28K	$250K	10x