Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.019%

Price spread now: Arcus against KuCoin+0.050%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$241as in the Price arb table

costs, in and out, $10k−$2452.448% of the position

Long on KuCoin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.050%, 7d avg +0.010%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of +0.010%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMZNUSDTM	259.61	0.0100	pay 0.0100% / 8h	1h 17m	$1.5M	$436K	20x
Short	Arcus AMZN-USD	259.74	0.0040	get 0.0005% / 1h	17m 37s	$197K	$240K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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 KuCoinbpFee ArcusbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$12.54
Price spread: +0.050% → +0.010%: $4
Slippage, 4 orders: −$228.34
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$253.37
Costs to cover: 2.448%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Arcus: live order book, 26 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 KuCoin live order book, 8 min ago	9.63 bp	135.3 bp −$135	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 26 min ago	3.66 bp	10.0 bp −$10	12.7 bp −$127	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	−0.0008%	1h	259.73	+0.046%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.73	+0.046%	$202K	$207K	20x	as long as short
Extended AMZN_24_5-USD	0.0000%	1h	259.73	+0.045%	$502K	$3.0M	10x	as long as short
Binance AMZNUSDT	0.0000%	8h	259.76	+0.059%	$15.9M	$29.9M	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.84	+0.089%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.59	−0.008%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.92	+0.119%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.94	+0.125%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.91	+0.117%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.56	−0.019%	$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
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.74	+0.050%	$911K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.78	+0.065%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USDshort	+0.0040%	1h	259.74	+0.050%	$197K	$240K	10x
QFEX AMZN-USD	+0.0045%	1h	259.81	+0.077%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.66	+0.019%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.64	+0.012%	$322K	$294K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.71	+0.039%	$688	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.49	−0.046%	$1.3M	$1.2M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0067%	1h	259.70	+0.035%	$30.0M	$11.3M	20x	as long as short
Bybit AMZNUSDT	+0.0097%	8h	259.93	+0.123%	$3.9M	$3.3M	100x	as long as short
KuCoin AMZNUSDTMlong	+0.0100%	8h	259.61	long leg	$1.5M	$436K	20x
ApeX Omni AMZNUSDT	+0.0100%	1h	259.68	+0.027%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.74	+0.050%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.71	+0.039%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0120%	1h	259.75	+0.054%	$750K	$1.3M	20x	as long as short
BloFin AMZN-USDT	+0.0120%	8h	259.95	+0.131%	$177K	$280K	20x	as long as short
Nado AMZN-PERP	+0.0120%	1h	259.56	−0.018%	$414K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.61	0.000%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.90	+0.112%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0422%	4h	259.91	+0.115%	$28K	$249K	10x	as long as short