Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0349%/8h= −38.2% APRpaid last 24h −0.196%

Price spread now: Extended against edgeX−0.089%53s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as 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−$360.358% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.266%+$27 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.089%, 7d avg −0.017%

Together, before fees+0.302%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.072% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.266%, so the current rate has only just turned against you. The two prices were read 53 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	260.01	0.0373	pay 0.0186% / 4h	3h 26m	$28K	$250K	10x
Short	Extended AMZN_24_5-USD	259.77	0.0024	get 0.0003% / 1h	26m 42s	$501K	$3.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.089%Rate

Funding earned: −$73.24
Price spread: −0.089% → −0.017%: −$7.19
Slippage, 4 orders: −$21.85
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$116.28
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from edgeX: live order book, 6 min ago; Extended: 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, 6 min ago	5.77 bp	10.5 bp −$11	14.8 bp −$148	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	1.15 bp	7.6 bp −$8	48.0 bp −$480	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	259.93	−0.028%	$204K	$209K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.91	−0.037%	$2.8M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.66	−0.133%	$769K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.87	−0.052%	$4.9M	$4.1M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.06	+0.021%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.65	−0.137%	$29K	$173K	10x	as long as short
Variational Omni AMZN	+0.0005%	8h	260.03	+0.009%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USDshort	+0.0024%	1h	259.77	−0.089%	$501K	$3.0M	10x
Hotstuff AMZN-PERP	+0.0024%	1h	259.70	−0.118%	$33K	—	20x	as long as short
Binance AMZNUSDT	+0.0025%	8h	259.85	−0.060%	$16.2M	$29.7M	20x	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	259.81	−0.075%	$718K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.53	−0.183%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.74	−0.102%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.70	−0.118%	$29.9M	$11.4M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.64	−0.141%	$321K	$282K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.80	−0.079%	$702	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.68	−0.125%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0052%	1h	259.81	−0.075%	$1.4M	$3.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0088%	1h	259.73	−0.106%	$917K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.79	−0.083%	$1.5M	$420K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.86	−0.056%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.85	−0.060%	$1K	$331	10x	as long as short
BloFin AMZN-USDT	+0.0103%	8h	259.87	−0.052%	$179K	$304K	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.80	−0.080%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0144%	1h	259.71	−0.114%	$414K	$114K	20x	as long as short
Lighter AMZN	+0.0168%	1h	259.82	−0.070%	$740K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.10	+0.036%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	260.02	+0.005%	$5K	$78K	20x	as long as short
edgeX AMZNUSDClong	+0.0373%	4h	260.01	long leg	$28K	$250K	10x
Bybit AMZNUSDT	+0.0465%	8h	260.03	+0.009%	$4.2M	$3.4M	100x	as long as short