Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.018%
Price spread now: Coinbase International against Gate+0.023%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$460.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.209%+$21 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.023%, 7d avg −0.058%
Together, before fees+0.304%+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.081% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AMZN_USDT259.800get 0.0000% / 8h7h 45m$765K$2.6M100x
ShortCoinbase International AMZN-PERP-INTX259.860.0088get 0.0011% / 1h45m 24s$918K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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

Funding earned
$18.48
Price spread: +0.023% → −0.058%
$8.12
Slippage, 4 orders
−$20.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$19.23
Costs to cover
0.458%
Break-even
14.3 days
Slippage from Gate: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago4.23 bp13.7 bp −$1455.3 bp −$553doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago0.19 bp8.2 bp −$811.4 bp −$114doesn't fitdoesn't fit

AMZN on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h260.04+0.093%$204K$209K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.04+0.092%$2.9M$4.8M20xas long as short
Hotstuff AMZN-PERP0.0000%1h259.85+0.019%$33K20xas long as short
Gate AMZN_USDTlong0.0000%8h259.80long leg$765K$2.6M100x
Bitget AMZNUSDT0.0000%8h260.04+0.092%$4.9M$4.1M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.95+0.058%$10K$1.8M10xas long as short
Variational Omni AMZN+0.0010%8h260.01+0.083%$1.8M$1.1Mas long as short
Lighter RH AMZN+0.0032%1h259.98+0.069%$722K$1.6M10xas long as short
Extended AMZN_24_5-USD+0.0032%1h259.95+0.059%$501K$3.0M10xas long as short
Binance AMZNUSDT+0.0036%8h260.02+0.085%$16.1M$29.6M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.84+0.015%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.84+0.015%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.71−0.035%$321K$287K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.94+0.054%$686$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.77−0.012%$1.3M$1.1M10xas long as short
tradeXYZ xyz:AMZN+0.0051%1h259.82+0.008%$29.9M$11.3M20xas long as short
QFEX AMZN-USD+0.0052%1h259.94+0.054%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTXshort+0.0088%1h259.86+0.023%$918K$2.3M10x
KuCoin AMZNUSDTM+0.0100%8h259.78−0.008%$1.5M$402K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.76−0.015%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.98+0.069%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h259.92+0.046%$14K$51010xas long as short
BloFin AMZN-USDT+0.0140%8h260.03+0.089%$178K$303K20xas long as short
Nado AMZN-PERP+0.0147%1h259.78−0.007%$414K$114K20xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0173%1h259.87+0.027%$29K$173K10xas long as short
Lighter AMZN+0.0184%1h259.98+0.067%$744K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.35+0.212%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h259.98+0.069%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0464%4h259.95+0.058%$28K$249K10xas long as short
Bybit AMZNUSDT+0.0493%8h260.13+0.127%$4.0M$3.3M100xas long as short