Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h +0.012%

Price spread now: Injective against OKX−0.100%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.100% cheaper against OKX than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMZN-USDT-SWAP	259.49	0.0127	pay 0.0127% / 8h	7h 27m	$2.9M	$4.5M	20x
Short	Injective AMZN/USDC PERP	259.23	0.0220	get 0.0028% / 1h	27m 22s	$75K	$27K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.100%Rate

Funding earned: $19.54
Price spread: −0.100% → 0.000%: −$10.02
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$0.5
Costs to cover: 0.100%
Break-even: 7.2 days

Slippage unknown: OKX: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.

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, 5 min ago	1.35 bp	9.5 bp −$9	18.8 bp −$188	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	259.28	−0.081%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.29	−0.077%	$766K	$2.6M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.53	+0.015%	$717K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.25	−0.092%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.34	−0.058%	$310K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.42	−0.027%	$627	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.19	−0.116%	$1.3M	$1.2M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.43	−0.023%	$1.4M	$4.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.24	−0.096%	$939K	$2.4M	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0073%	8h	259.52	+0.012%	$14K	$1.8M	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	259.31	−0.069%	$1.5M	$605K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.30	−0.073%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.47	−0.008%	$1K	$320	10x	as long as short
Hotstuff AMZN-PERP	+0.0104%	1h	259.36	−0.050%	$33K	—	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.40	−0.035%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAPlong	+0.0127%	8h	259.49	long leg	$2.9M	$4.5M	20x
tradeXYZ xyz:AMZN	+0.0135%	1h	259.38	−0.042%	$28.6M	$10.7M	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0136%	1h	259.36	−0.050%	$27K	$173K	10x	as long as short
Bybit AMZNUSDT	+0.0177%	8h	259.56	+0.027%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0198%	1h	259.28	−0.083%	$414K	$122K	20x	as long as short
Injective AMZN/USDC PERPshort	+0.0220%	1h	259.23	−0.100%	$75K	$27K	30x
Lighter AMZN	+0.0224%	1h	259.49	−0.001%	$826K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0253%	8h	259.49	0.000%	$4.8M	$3.8M	100x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.40	−0.035%	$197K	$241K	10x	as long as short
Variational Omni AMZN	+0.0268%	8h	259.53	+0.015%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.43	−0.022%	$498K	$3.4M	10x	as long as short
Binance AMZNUSDT	+0.0274%	8h	259.50	+0.002%	$16.1M	$29.8M	20x	as long as short
Phoenix AMZN	+0.0339%	1h	259.50	+0.004%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0394%	8h	259.40	−0.035%	$179K	$215K	20x	as long as short
edgeX AMZNUSDC	+0.0893%	4h	259.51	+0.009%	$28K	$247K	10x	as long as short