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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0246%/8h= +27.0% APRpaid last 24h +0.057%
Price spread now: Phoenix against Gate+0.116%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.241%+$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.116% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AMZN_USDT259.640get 0.0000% / 8h2h 53m$764K$2.7M100x
ShortPhoenix AMZN259.940.0246get 0.0031% / 1h53m 17s$5K$78K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$51.71
Price spread: +0.116% → 0.000%
$11.55
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$41.26
Costs to cover
0.220%
Break-even
1.4 days
Slippage unknown: Gate: live order book, 5 min ago; Phoenix: no order-book sample. Net counts fees only.

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, 5 min ago3.46 bp12.7 bp −$1345.1 bp −$451doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h259.70+0.022%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.79+0.058%$2.9M$4.7M20xas long as short
Gate AMZN_USDTlong0.0000%8h259.64long leg$764K$2.7M100x
Bitget AMZNUSDT0.0000%8h259.87+0.089%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.88+0.092%$11K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.62−0.008%$28K$175K10xas long as short
Variational Omni AMZN+0.0012%8h259.85+0.079%$1.8M$1.1Mas long as short
QFEX AMZN-USD+0.0020%1h259.70+0.023%$1.4M$3.7M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0024%1h259.72+0.031%$918K$2.4M10xas long as short
Lighter RH AMZN+0.0032%1h259.73+0.035%$724K$1.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AMZNUSDT+0.0037%8h259.79+0.058%$16.0M$29.8M20xas long as short
Extended AMZN_24_5-USD+0.0040%1h259.72+0.030%$501K$3.1M10xas long as short
Arcus AMZN-USD+0.0040%1h259.70+0.023%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.61−0.012%$104K25xas long as short
Nado AMZN-PERP+0.0049%1h259.60−0.015%$414K$112K20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.63−0.004%$317K$283K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.73+0.035%$685$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.58−0.023%$1.2M$1.1M10xas long as short
Hotstuff AMZN-PERP+0.0088%1h259.72+0.031%$33K20xas long as short
Lighter AMZN+0.0096%1h259.73+0.036%$794K$1.0M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.640.000%$1.5M$485K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.71+0.027%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.71+0.027%$1K$32010xas long as short
Bybit AMZNUSDT+0.0101%8h259.80+0.062%$3.7M$3.2M100xas long as short
Aevo AMZN-PERP+0.0104%1h259.65+0.004%$14K$51010xas long as short
BloFin AMZN-USDT+0.0146%8h259.80+0.062%$179K$205K20xas long as short
tradeXYZ xyz:AMZN+0.0179%1h259.73+0.035%$29.9M$11.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.56−0.031%$75K$27K30xas long as short
Phoenix AMZNshort+0.0246%1h259.94+0.116%$5K$78K20x
edgeX AMZNUSDC+0.0620%4h259.75+0.042%$28K$248K10xas long as short