Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0766%/8h= −83.9% APRpaid last 24h −0.209%

Price spread now: Deribit against edgeX−0.050%75s7-day average −0.040% · 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—prices read too far apart to compare

costs, in and out, $10k−$360.363% of the position

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.385%+$38 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.050%, 7d avg −0.040%

Together, before fees+0.451%+ Points / potential airdropedgeX: Active · farm board+$45 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$23 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.385%, so the current rate has only just turned against you. The two prices were read 75 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	259.83	0.0708	pay 0.0354% / 4h	2h 27m	$28K	$249K	10x
Short	Deribit AMZN_USDC-PERPETUAL	259.70	−0.0058	pay 0.0007% / 1h	27m 57s	$28K	$175K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$160.92
Price spread: −0.050% → −0.040%: −$1.02
Slippage, 4 orders: −$20.26
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$198.19
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from edgeX: live order book, 19 min ago; Deribit: live order book, 20 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, 19 min ago	5.39 bp	10.2 bp −$10	14.8 bp −$148	doesn't fit	doesn't fit
Sell Deribit live order book, 20 min ago	0.19 bp	3.7 bp −$4	4.3 bp −$43	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-PERPETUALshort	−0.0058%	1h	259.70	−0.050%	$28K	$175K	10x
Aster AMZNUSDT	0.0000%	8h	259.83	+0.001%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.84	+0.004%	$2.8M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.67	−0.061%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.87	+0.016%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.88	+0.021%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.86	+0.012%	$10K	$1.8M	10x	as long as short
QFEX AMZN-USD	+0.0020%	1h	259.78	−0.019%	$1.4M	$3.7M	10x	as long as short
Binance AMZNUSDT	+0.0022%	8h	259.88	+0.019%	$15.9M	$29.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.79	−0.016%	$499K	$3.1M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.50	−0.127%	$917K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.90	+0.027%	$726K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.72	−0.042%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.75	−0.031%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.72	−0.042%	$321K	$284K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.82	−0.004%	$686	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.58	−0.096%	$1.3M	$1.1M	10x	as long as short
Nado AMZN-PERP	+0.0090%	1h	259.77	−0.024%	$414K	$113K	20x	as long as short
BloFin AMZN-USDT	+0.0093%	8h	259.85	+0.008%	$177K	$205K	20x	as long as short
Hotstuff AMZN-PERP	+0.0096%	1h	259.73	−0.038%	$33K	—	20x	as long as short
Bybit AMZNUSDT	+0.0099%	8h	259.96	+0.050%	$3.7M	$3.2M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.67	−0.061%	$1.5M	$470K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.70	−0.050%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.85	+0.008%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.78	−0.020%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0112%	1h	259.88	+0.019%	$748K	$1.3M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0153%	1h	259.81	−0.007%	$30.0M	$11.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.03	+0.077%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	259.89	+0.023%	$5K	$78K	20x	as long as short
edgeX AMZNUSDClong	+0.0708%	4h	259.83	long leg	$28K	$249K	10x