Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h +0.003%

Price spread now: Bybit against edgeX+0.034%81s7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

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

costs, in and out, $10k−$460.458% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 3 days (all we have)−0.027%−$3 · spread now +0.034%, 7d avg +0.027%

Together, before fees+0.220%+ Points / potential airdropedgeX: Active · farm board+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you. The two prices were read 81 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	edgeX AMZNUSDC	258.93	0.0472	pay 0.0236% / 4h	1h 20m	$28K	$247K	10x
Short	Bybit AMZNUSDT	259.02	0.0326	get 0.0326% / 8h	1h 20m	$3.7M	$3.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$30.61
Price spread: +0.034% → +0.027%: $0.69
Slippage, 4 orders: −$25.82
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$75.73
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from edgeX: live order book, 62 min ago; Bybit: live order book, 2 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, 62 min ago	5.41 bp	10.2 bp −$10	14.7 bp −$147	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	3.09 bp	12.6 bp −$13	21.5 bp −$215	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	258.92	−0.005%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.72	−0.082%	$762K	$2.6M	100x	as long as short
Hotstuff AMZN-PERP	+0.0016%	1h	258.83	−0.040%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	258.94	+0.003%	$721K	$1.7M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.75	−0.071%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.80	−0.051%	$304K	$311K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.86	−0.028%	$630	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.66	−0.106%	$1.3M	$1.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0056%	1h	258.71	−0.086%	$940K	$2.7M	10x	as long as short
QFEX AMZN-USD	+0.0066%	1h	258.86	−0.028%	$1.4M	$4.5M	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	258.68	−0.098%	$1.5M	$645K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.73	−0.078%	$92K	$134K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.93	−0.001%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.88	−0.020%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0113%	8h	258.98	+0.018%	$2.9M	$4.4M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0123%	1h	258.85	−0.032%	$28.4M	$11.1M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0133%	8h	258.95	+0.006%	$10K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0195%	8h	258.96	+0.012%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USD	+0.0208%	1h	258.89	−0.018%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0209%	8h	258.93	−0.001%	$16.1M	$31.5M	20x	as long as short
Nado AMZN-PERP	+0.0212%	1h	258.72	−0.082%	$414K	$123K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.21	+0.107%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0264%	1h	258.96	+0.009%	$833K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0276%	8h	258.96	+0.010%	$4.8M	$4.0M	100x	as long as short
Arcus AMZN-USD	+0.0284%	1h	258.77	−0.063%	$196K	$237K	10x	as long as short
Bybit AMZNUSDTshort	+0.0326%	8h	259.02	+0.034%	$3.7M	$3.3M	100x
BloFin AMZN-USDT	+0.0329%	8h	258.95	+0.006%	$179K	$188K	20x	as long as short
Phoenix AMZN	+0.0340%	1h	258.93	−0.001%	$5K	$118K	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0368%	1h	258.88	−0.021%	$27K	$226K	10x	as long as short
edgeX AMZNUSDClong	+0.0472%	4h	258.93	long leg	$28K	$247K	10x