Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h +0.136%

Price spread now: edgeX against GRVT−0.001%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.001%, 7d avg −0.032%

Together, before fees−0.167%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.030% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AMZN_USDT_Perp	259.86	0	get 0.0000% / 8h	5h 07m	$8K	$1.8M	10x
Short	edgeX AMZNUSDC	259.86	0.0026	get 0.0013% / 4h	1h 07m	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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 GRVTbpFee edgeXbpOrdersPrice spread, now −0.001%Rate

Funding earned: $5.54
Price spread: −0.001% → −0.032%: $3.02
Slippage, 4 orders: −$17.31
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$26.75
Costs to cover: 0.353%
Break-even: 40.8 days

Slippage from GRVT: live order book, 1 min ago; edgeX: live order book, 55 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 GRVT live order book, 1 min ago	1.73 bp	8.5 bp −$9	14.5 bp −$145	doesn't fit	doesn't fit
Sell edgeX live order book, 55 min ago	5.40 bp	10.3 bp −$10	14.5 bp −$145	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
Hotstuff AMZN-PERP	−0.0072%	1h	259.73	−0.050%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.70	−0.061%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.72	−0.054%	$764K	$2.7M	100x	as long as short
GRVT AMZN_USDT_Perplong	0.0000%	8h	259.86	long leg	$8K	$1.8M	10x
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.67	−0.073%	$28K	$174K	10x	as long as short
Bitget AMZNUSDT	+0.0003%	8h	259.93	+0.027%	$4.8M	$3.9M	100x	as long as short
edgeX AMZNUSDCshort	+0.0026%	4h	259.86	−0.001%	$28K	$248K	10x
Lighter RH AMZN	+0.0032%	1h	259.90	+0.016%	$724K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0033%	1h	259.81	−0.019%	$1.4M	$3.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.70	−0.061%	$924K	$2.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.78	−0.031%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.69	−0.065%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.76	−0.038%	$29.9M	$11.5M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.72	−0.054%	$321K	$291K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.85	−0.004%	$651	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.65	−0.081%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0054%	8h	259.90	+0.016%	$2.9M	$4.6M	20x	as long as short
Nado AMZN-PERP	+0.0064%	1h	259.69	−0.065%	$415K	$118K	20x	as long as short
Bybit AMZNUSDT	+0.0090%	8h	259.89	+0.012%	$3.8M	$3.2M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.71	−0.058%	$1.5M	$547K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.65	−0.081%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.86	0.000%	$1K	$320	10x	as long as short
Lighter AMZN	+0.0104%	1h	259.87	+0.004%	$823K	$1.1M	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.82	−0.014%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0130%	8h	259.94	+0.033%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USD	+0.0144%	1h	259.84	−0.007%	$498K	$2.7M	10x	as long as short
Binance AMZNUSDT	+0.0146%	8h	259.91	+0.019%	$16.1M	$29.6M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.61	−0.096%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0247%	1h	259.89	+0.012%	$5K	$77K	20x	as long as short
BloFin AMZN-USDT	+0.0266%	8h	259.79	−0.027%	$179K	$204K	20x	as long as short