Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.027%

Price spread now: GRVT against Injective+0.113%7-day average — · you sell dearer than you buy

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

Long on Injective Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.253%−$25 on $10k

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

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

The price spread pays, funding is against you. GRVT is 0.113% dearer against Injective than usual: you sell high and buy low (spread +0.113% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective AMZN/USDC PERP	259.54	0.0220	pay 0.0028% / 1h	4m 21s	$75K	$27K	30x
Short	GRVT AMZN_USDT_Perp	259.83	0	get 0.0000% / 8h	1h 04m	$10K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Injective. 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 InjectivebpFee GRVTbpOrdersPrice spread, now +0.113%Rate

Funding earned: −$46.2
Price spread: +0.113% → 0.000%: $11.33
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$43.89
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; GRVT: live order book, 3 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 Injective no order-book sample	—	—	—	—	—
Sell GRVT live order book, 3 min ago	1.35 bp	8.0 bp −$8	19.1 bp −$191	doesn't fit	doesn't fit

Injective: 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
Aster AMZNUSDT	0.0000%	8h	259.73	+0.073%	$202K	$207K	20x	as long as short
Extended AMZN_24_5-USD	0.0000%	1h	259.73	+0.074%	$500K	$3.0M	10x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.85	+0.119%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.64	+0.039%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.88	+0.131%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.88	+0.133%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perpshort	0.0000%	8h	259.83	+0.113%	$10K	$1.8M	10x
Binance AMZNUSDT	+0.0004%	8h	259.81	+0.105%	$15.9M	$29.9M	20x	as long as short
Hotstuff AMZN-PERP	+0.0008%	1h	259.76	+0.085%	$33K	—	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.66	+0.046%	$911K	$2.3M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMZN	+0.0032%	1h	259.79	+0.096%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.71	+0.066%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.72	+0.069%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.61	+0.027%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.66	+0.046%	$322K	$294K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.74	+0.077%	$678	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.59	+0.019%	$1.3M	$1.2M	10x	as long as short
BloFin AMZN-USDT	+0.0058%	8h	259.83	+0.112%	$177K	$291K	20x	as long as short
tradeXYZ xyz:AMZN	+0.0099%	1h	259.68	+0.054%	$30.0M	$11.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.61	+0.027%	$1.5M	$426K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.57	+0.012%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.72	+0.069%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.71	+0.067%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0130%	8h	259.95	+0.158%	$3.9M	$3.3M	100x	as long as short
Nado AMZN-PERP	+0.0134%	1h	259.58	+0.016%	$414K	$113K	20x	as long as short
Lighter AMZN	+0.0152%	1h	259.76	+0.083%	$749K	$1.3M	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0212%	1h	259.63	+0.035%	$29K	$176K	10x	as long as short
Injective AMZN/USDC PERPlong	+0.0220%	1h	259.54	long leg	$75K	$27K	30x
Phoenix AMZN	+0.0308%	1h	259.84	+0.116%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0435%	4h	259.81	+0.103%	$28K	$249K	10x	as long as short