Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h +0.005%

Price spread now: OKX against Nado+0.107%7-day average +0.036% · 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−$35as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.086%+$9 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.107%, 7d avg +0.036%

Together, before fees+0.053%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.072% dearer against Nado than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.036%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 44 hours. Mind the row above: over the last 3 days funding on this pair paid +0.086%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMZN-PERP	258.89	0.0259	pay 0.0032% / 1h	42m 10s	$414K	$122K	20x
Short	OKX AMZN-USDT-SWAP	259.17	0.0129	get 0.0129% / 8h	42m 10s	$2.9M	$4.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.107%Rate

Funding earned: −$27.27
Price spread: +0.107% → +0.036%: $7.17
Slippage, 4 orders: −$25.58
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.68
Costs to cover: 0.426%
Break-even: never at this rate

Slippage from Nado: live order book, 36 min ago; 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 Nado live order book, 36 min ago	0.97 bp	10.8 bp −$11	29.0 bp −$290	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.58 bp	10.7 bp −$11	18.4 bp −$184	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	258.94	+0.018%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.93	+0.015%	$764K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	258.84	−0.020%	$27K	$198K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.87	−0.008%	—	$104K	25x	as long as short
Lighter RH AMZN	+0.0048%	1h	259.15	+0.100%	$717K	$1.6M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.00	+0.042%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.02	+0.049%	$637	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.79	−0.039%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.07	+0.069%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	258.85	−0.016%	$939K	$2.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	258.86	−0.012%	$1.5M	$630K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.80	−0.036%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.11	+0.084%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.07	+0.067%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAPshort	+0.0129%	8h	259.17	+0.107%	$2.9M	$4.4M	20x
GRVT AMZN_USDT_Perp	+0.0139%	8h	259.09	+0.078%	$7K	$1.8M	10x	as long as short
Hotstuff AMZN-PERP	+0.0160%	1h	259.06	+0.065%	$33K	—	20x	as long as short
tradeXYZ xyz:AMZN	+0.0206%	1h	258.98	+0.034%	$28.4M	$11.0M	20x	as long as short
Variational Omni AMZN	+0.0216%	8h	259.13	+0.090%	$1.8M	$1.4M	—	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.30	+0.158%	$75K	$27K	30x	as long as short
Extended AMZN_24_5-USD	+0.0232%	1h	259.08	+0.074%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0232%	8h	259.12	+0.088%	$16.1M	$31.2M	20x	as long as short
Nado AMZN-PERPlong	+0.0259%	1h	258.89	long leg	$414K	$122K	20x
Arcus AMZN-USD	+0.0274%	1h	258.92	+0.011%	$196K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0284%	8h	259.09	+0.076%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.06	+0.065%	$5K	$98K	20x	as long as short
Bybit AMZNUSDT	+0.0339%	8h	259.01	+0.046%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0351%	8h	259.12	+0.088%	$177K	$187K	20x	as long as short
Lighter AMZN	+0.0368%	1h	259.17	+0.106%	$834K	$1.1M	20x	as long as short
edgeX AMZNUSDC	+0.0848%	4h	259.09	+0.078%	$28K	$248K	10x	as long as short