Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0249%/8h= +27.3% APRnext payment +$2.49 per $10,000 · paid last 24h +0.054%
Price spread now: BloFin against OKX+0.073%53s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.073%, 7d avg −0.004%
Together, before fees+0.116%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.077% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.49 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AMZN-USDT-SWAP259.970.0056pay 0.0056% / 8h5h 48m$2.9M$4.8M20x
ShortBloFin AMZN-USDT260.160.0306get 0.0306% / 8h5h 48m$182K$302K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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

Funding earned
$52.39
Price spread: +0.073% → −0.004%
$7.73
Slippage, 4 orders
−$9.3
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.83
Costs to cover
0.313%
Break-even
3.1 days
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.77 bp9.2 bp −$914.6 bp −$146doesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago0.19 bp6.8 bp −$711.9 bp −$11931.3 bp −$3,126doesn't fit

AMZN on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AMZN-PERP−0.1600%1h259.92−0.019%$33K20xas long as short
Aster AMZNUSDT0.0000%8h259.79−0.069%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.79−0.069%$810K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h259.94−0.012%$4.9M$4.8M100xas long as short
Lighter RH AMZN+0.0032%1h259.86−0.042%$713K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.75−0.085%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.75−0.085%$324K$285K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.82−0.058%$705$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.65−0.123%$1.3M$1.0M10xas long as short
OKX AMZN-USDT-SWAPlong+0.0056%8h259.97long leg$2.9M$4.8M20x
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AMZN_USDC-PERPETUAL+0.0058%1h259.78−0.073%$29K$138K10xas long as short
QFEX AMZN-USD+0.0061%1h259.83−0.054%$1.4M$3.5M10xas long as short
tradeXYZ xyz:AMZN+0.0077%1h259.76−0.081%$30.1M$11.6M20xas long as short
Coinbase International AMZN-PERP-INTX+0.0080%1h259.67−0.115%$946K$2.4M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.69−0.108%$1.5M$485K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.89−0.031%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.90−0.027%$1K$87710xas long as short
Aevo AMZN-PERP+0.0104%1h259.82−0.057%$14K$51010xas long as short
Variational Omni AMZN+0.0164%8h260.21+0.094%$1.8M$1.0Mas long as short
Extended AMZN_24_5-USD+0.0192%1h259.86−0.041%$503K$3.0M10xas long as short
Binance AMZNUSDT+0.0195%8h259.94−0.011%$16.4M$31.8M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.23+0.100%$76K$23K30xas long as short
Nado AMZN-PERP+0.0229%1h259.71−0.100%$406K$117K20xas long as short
Lighter AMZN+0.0232%1h259.87−0.039%$732K$1.3M20xas long as short
Arcus AMZN-USD+0.0246%1h259.72−0.096%$197K$205K10xas long as short
Phoenix AMZN+0.0276%1h260.06+0.035%$5K$84K20xas long as short
BloFin AMZN-USDTshort+0.0306%8h260.16+0.073%$182K$302K20x
GRVT AMZN_USDT_Perp+0.0321%8h260.12+0.058%$9K$1.8M10xas long as short
Bybit AMZNUSDT+0.0438%8h259.98+0.004%$4.3M$3.6M100xas long as short
edgeX AMZNUSDC+0.0885%4h260.12+0.059%$28K$249K10xas long as short