Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0242%/8h= −26.5% APRpaid last 24h −0.026%

Price spread now: Gate against Nado−0.001%7-day average −0.017% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$580.577% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.061%+$6 on $10k

Price spread, last 3 days (all we have)+0.011%+$1 · spread now −0.001%, 7d avg −0.017%

Together, before fees+0.071%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.061%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.061% in total (about 7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMZN-PERP	258.76	0.0242	pay 0.0030% / 1h	4m 28s	$414K	$123K	20x
Short	Gate AMZN_USDT	258.76	0	get 0.0000% / 8h	2h 04m	$758K	$2.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Nado. 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 NadobpFee GatebpOrdersPrice spread, now −0.001%Rate

Funding earned: −$50.85
Price spread: −0.001% → −0.017%: $1.55
Slippage, 4 orders: −$35.67
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$106.96
Costs to cover: 0.577%
Break-even: never at this rate

Slippage from Nado: live order book, 18 min ago; Gate: live order book, 3 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 Nado live order book, 18 min ago	0.39 bp	11.4 bp −$11	28.0 bp −$280	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.35 bp	14.3 bp −$14	40.2 bp −$402	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
Injective AMZN/USDC PERP	−0.0077%	1h	258.71	−0.021%	$75K	$27K	30x	as long as short
Deribit AMZN_USDC-PERPETUAL	−0.0020%	1h	258.74	−0.009%	$27K	$275K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	258.89	+0.051%	$202K	$211K	20x	as long as short
Gate AMZN_USDTshort	0.0000%	8h	258.76	−0.001%	$758K	$2.6M	100x
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	258.86	+0.037%	$941K	$2.7M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.78	+0.006%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.82	+0.022%	$304K	$311K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.92	+0.060%	$637	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.69	−0.028%	$1.3M	$1.3M	10x	as long as short
Lighter RH AMZN	+0.0064%	1h	259.00	+0.091%	$733K	$1.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0068%	1h	258.92	+0.060%	$1.4M	$4.4M	10x	as long as short
Hotstuff AMZN-PERP	+0.0088%	1h	258.92	+0.060%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.78	+0.006%	$1.5M	$652K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.76	−0.001%	$92K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.97	+0.080%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.90	+0.054%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0120%	8h	258.98	+0.084%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0125%	8h	259.01	+0.096%	$12K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0168%	8h	258.98	+0.082%	$1.8M	$1.6M	—	as long as short
tradeXYZ xyz:AMZN	+0.0180%	1h	258.91	+0.057%	$28.1M	$11.3M	20x	as long as short
Extended AMZN_24_5-USD	+0.0184%	1h	258.94	+0.068%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0185%	8h	258.97	+0.079%	$16.1M	$31.7M	20x	as long as short
Nado AMZN-PERPlong	+0.0242%	1h	258.76	long leg	$414K	$123K	20x
Bitget AMZNUSDT	+0.0273%	8h	259.01	+0.095%	$4.8M	$4.1M	100x	as long as short
Arcus AMZN-USD	+0.0302%	1h	258.76	−0.001%	$196K	$239K	10x	as long as short
Bybit AMZNUSDT	+0.0303%	8h	258.96	+0.076%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0305%	8h	259.00	+0.091%	$179K	$189K	20x	as long as short
Phoenix AMZN	+0.0309%	1h	258.98	+0.084%	$5K	$118K	20x	as long as short
Lighter AMZN	+0.0352%	1h	259.02	+0.098%	$833K	$1.2M	20x	as long as short
edgeX AMZNUSDC	+0.0582%	4h	258.96	+0.078%	$28K	$247K	10x	as long as short