Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h −0.004%

Price spread now: OKX against Extended−0.021%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.021%, 7d avg +0.035%

Together, before fees+0.097%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.056% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMZN_24_5-USD	259.43	0.0264	pay 0.0033% / 1h	5m 24s	$498K	$2.7M	10x
Short	OKX AMZN-USDT-SWAP	259.38	0.0114	get 0.0114% / 8h	7h 05m	$2.9M	$4.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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 ExtendedbpFee OKXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$31.48
Price spread: −0.021% → +0.035%: −$5.64
Slippage, 4 orders: −$15.68
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$67.8
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; OKX: 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 Extended live order book, 3 min ago	0.39 bp	6.4 bp −$6	41.4 bp −$414	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.58 bp	11.0 bp −$11	17.7 bp −$177	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	259.27	−0.063%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.23	−0.079%	$766K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.22	−0.083%	$27K	$173K	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0015%	8h	259.36	−0.029%	$12K	$1.8M	10x	as long as short
Hotstuff AMZN-PERP	+0.0024%	1h	259.39	−0.017%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.51	+0.029%	$718K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.27	−0.064%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.31	−0.048%	$310K	$282K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.45	+0.006%	$629	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.21	−0.087%	$1.3M	$1.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0055%	1h	259.40	−0.013%	$1.4M	$4.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.27	−0.064%	$940K	$2.4M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.23	−0.079%	$1.5M	$600K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.18	−0.098%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.43	−0.002%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.35	−0.032%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAPshort	+0.0114%	8h	259.38	−0.021%	$2.9M	$4.4M	20x
tradeXYZ xyz:AMZN	+0.0125%	1h	259.40	−0.013%	$29.2M	$10.8M	20x	as long as short
Nado AMZN-PERP	+0.0184%	1h	259.29	−0.054%	$414K	$122K	20x	as long as short
Bitget AMZNUSDT	+0.0189%	8h	259.47	+0.014%	$4.8M	$3.8M	100x	as long as short
Bybit AMZNUSDT	+0.0212%	8h	259.49	+0.021%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0216%	1h	259.48	+0.017%	$826K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.72	+0.110%	$75K	$27K	30x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.31	−0.048%	$197K	$241K	10x	as long as short
Variational Omni AMZN	+0.0255%	8h	259.49	+0.021%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0261%	8h	259.50	+0.025%	$16.2M	$29.6M	20x	as long as short
Extended AMZN_24_5-USDlong	+0.0264%	1h	259.43	long leg	$498K	$2.7M	10x
edgeX AMZNUSDC	+0.0316%	4h	259.35	−0.033%	$28K	$248K	10x	as long as short
Phoenix AMZN	+0.0339%	1h	259.38	−0.021%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0381%	8h	259.41	−0.010%	$177K	$214K	20x	as long as short