Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: OKX against GRVT−0.038%51s7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as 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−$360.359% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 7 days+0.039%+$4 · spread now −0.038%, 7d avg −0.004%

Together, before fees+0.152%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.034% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 51 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	GRVT AMZN_USDT_Perp	260.02	0	get 0.0000% / 8h	7h 42m	$10K	$1.8M	10x
Short	OKX AMZN-USDT-SWAP	259.92	0	get 0.0000% / 8h	7h 42m	$2.8M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.038%Rate

Funding earned: $0
Price spread: −0.038% → −0.004%: −$3.4
Slippage, 4 orders: −$16.85
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$39.25
Costs to cover: 0.359%
Break-even: never at this rate

Slippage from GRVT: live order book, just now; OKX: live order book, 5 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, just now	1.35 bp	9.1 bp −$9	18.9 bp −$189	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.19 bp	12.1 bp −$12	19.0 bp −$190	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	259.96	−0.024%	$204K	$209K	20x	as long as short
OKX AMZN-USDT-SWAPshort	0.0000%	8h	259.92	−0.038%	$2.8M	$4.8M	20x
Hotstuff AMZN-PERP	0.0000%	1h	259.85	−0.065%	$33K	—	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.73	−0.111%	$765K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.91	−0.042%	$4.9M	$4.1M	100x	as long as short
GRVT AMZN_USDT_Perplong	0.0000%	8h	260.02	long leg	$10K	$1.8M	10x
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.67	−0.134%	$29K	$173K	10x	as long as short
Variational Omni AMZN	+0.0010%	8h	260.01	−0.002%	$1.8M	$1.1M	—	as long as short
Lighter RH AMZN	+0.0032%	1h	259.92	−0.038%	$714K	$1.6M	10x	as long as short
Extended AMZN_24_5-USD	+0.0032%	1h	259.74	−0.106%	$501K	$3.0M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AMZNUSDT	+0.0032%	8h	259.86	−0.061%	$16.1M	$29.8M	20x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.75	−0.104%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.75	−0.104%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.73	−0.111%	$29.9M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.71	−0.119%	$321K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.77	−0.096%	$690	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.77	−0.096%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0052%	1h	259.78	−0.092%	$1.4M	$3.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0088%	1h	259.75	−0.104%	$917K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.75	−0.104%	$1.5M	$404K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.82	−0.077%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.85	−0.065%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.79	−0.090%	$14K	$510	10x	as long as short
BloFin AMZN-USDT	+0.0138%	8h	259.81	−0.080%	$178K	$303K	20x	as long as short
Nado AMZN-PERP	+0.0138%	1h	259.78	−0.091%	$414K	$114K	20x	as long as short
Lighter AMZN	+0.0160%	1h	259.90	−0.046%	$743K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.35	+0.127%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	259.98	−0.015%	$5K	$78K	20x	as long as short
Bybit AMZNUSDT	+0.0448%	8h	260.02	0.000%	$4.1M	$3.4M	100x	as long as short
edgeX AMZNUSDC	+0.0785%	4h	259.96	−0.022%	$28K	$250K	10x	as long as short