Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.050%

Price spread now: Gate against Hotstuff−0.054%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Gate is 0.054% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff AMZN-PERP	259.72	−0.0032	get 0.0004% / 1h	33m 01s	$33K	—	20x
Short	Gate AMZN_USDT	259.58	0	get 0.0000% / 8h	1h 33m	$763K	$2.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Hotstuff. 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 HotstuffbpFee GatebpOrdersPrice spread, now −0.054%Rate

Funding earned: $6.72
Price spread: −0.054% → 0.000%: −$5.39
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$18.67
Costs to cover: 0.200%
Break-even: 26.4 days

Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	3.28 bp	11.8 bp −$12	29.0 bp −$290	doesn't fit	doesn't fit

Hotstuff: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff AMZN-PERPlong	−0.0032%	1h	259.72	long leg	$33K	—	20x
Aster AMZNUSDT	0.0000%	8h	259.73	+0.004%	$202K	$207K	20x	as long as short
Extended AMZN_24_5-USD	0.0000%	1h	259.72	−0.001%	$502K	$3.0M	10x	as long as short
Binance AMZNUSDT	0.0000%	8h	259.78	+0.023%	$15.9M	$29.9M	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.80	+0.031%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDTshort	0.0000%	8h	259.58	−0.054%	$763K	$2.7M	100x
Bitget AMZNUSDT	0.0000%	8h	259.82	+0.039%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.81	+0.033%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.81	+0.035%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.62	−0.039%	$29K	$176K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMZN-USDT	+0.0021%	8h	259.80	+0.031%	$177K	$206K	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	+0.004%	$911K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.79	+0.027%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.68	−0.015%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.70	−0.008%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.71	−0.004%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.70	−0.008%	$30.0M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.60	−0.046%	$321K	$291K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.75	+0.012%	$680	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.64	−0.031%	$1.3M	$1.2M	10x	as long as short
Bybit AMZNUSDT	+0.0085%	8h	259.84	+0.046%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0088%	1h	259.77	+0.021%	$750K	$1.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.69	−0.012%	$1.5M	$448K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.65	−0.027%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.73	+0.004%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.67	−0.018%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0109%	1h	259.65	−0.026%	$414K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.51	−0.081%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.74	+0.008%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0498%	4h	259.74	+0.006%	$28K	$249K	10x	as long as short