Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0423%/8h= +46.3% APRpaid last 24h +0.046%

Price spread now: edgeX against OKX−0.003%81s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.407% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.286%−$29 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.003%, 7d avg −0.017%

Together, before fees−0.296%+ Points / potential airdropedgeX: Active · farm board−$30 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: +$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.286%, so the current rate has only just turned in your favour. The two prices were read 81 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 -0.286% in total (about -14.9% 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	OKX AMZN-USDT-SWAP	258.85	0.0116	pay 0.0116% / 8h	1h 48m	$2.9M	$4.4M	20x
Short	edgeX AMZNUSDC	258.84	0.0539	get 0.0269% / 4h	1h 48m	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee OKXbpFee edgeXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $88.85
Price spread: −0.003% → −0.017%: $1.42
Slippage, 4 orders: −$21.72
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $49.55
Costs to cover: 0.407%
Break-even: 3.1 days

Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 34 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 OKX live order book, 4 min ago	0.19 bp	12.0 bp −$12	21.6 bp −$216	doesn't fit	doesn't fit
Sell edgeX live order book, 34 min ago	5.41 bp	10.2 bp −$10	14.6 bp −$146	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	258.80	−0.020%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.70	−0.058%	$762K	$2.6M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	258.88	+0.012%	$715K	$1.7M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.72	−0.050%	—	$104K	25x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	258.79	−0.023%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.74	−0.042%	$304K	$311K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.79	−0.023%	$628	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.57	−0.108%	$1.3M	$1.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0056%	1h	258.74	−0.042%	$940K	$2.7M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0059%	1h	258.77	−0.031%	$27K	$264K	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	+0.0066%	1h	258.83	−0.008%	$1.4M	$4.4M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.66	−0.073%	$1.5M	$653K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.68	−0.066%	$92K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.83	−0.008%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.80	−0.019%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0106%	1h	258.76	−0.035%	$28.1M	$11.2M	20x	as long as short
OKX AMZN-USDT-SWAPlong	+0.0116%	8h	258.85	long leg	$2.9M	$4.4M	20x
GRVT AMZN_USDT_Perp	+0.0126%	8h	258.86	+0.004%	$9K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0176%	8h	258.87	+0.006%	$1.8M	$1.6M	—	as long as short
Binance AMZNUSDT	+0.0191%	8h	258.85	0.000%	$16.1M	$31.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0192%	1h	258.81	−0.015%	$490K	$2.5M	10x	as long as short
Nado AMZN-PERP	+0.0202%	1h	258.70	−0.056%	$414K	$124K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.57	−0.108%	$74K	$27K	30x	as long as short
Lighter AMZN	+0.0248%	1h	258.90	+0.020%	$832K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0273%	8h	258.90	+0.019%	$4.8M	$4.1M	100x	as long as short
Arcus AMZN-USD	+0.0284%	1h	258.71	−0.054%	$196K	$239K	10x	as long as short
BloFin AMZN-USDT	+0.0311%	8h	258.83	−0.008%	$179K	$189K	20x	as long as short
Bybit AMZNUSDT	+0.0311%	8h	258.96	+0.042%	$3.7M	$3.3M	100x	as long as short
Phoenix AMZN	+0.0340%	1h	258.91	+0.023%	$5K	$118K	20x	as long as short
edgeX AMZNUSDCshort	+0.0539%	4h	258.84	−0.003%	$28K	$248K	10x