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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0223%/8h= +24.5% APRpaid last 24h +0.028%
Price spread now: Binance against Ondo Perps+0.116%46s7-day average +0.096% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.035%+$4 on $10k
Price spread, last 2 days (all we have)−0.013%−$1 · spread now +0.116%, 7d avg +0.096%
Together, before fees+0.022%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 46 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 0.035% in total (about 1.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps AMZN-USD.P259.190.0050pay 0.0006% / 1h28m 55s$1.3M$1.2M10x
ShortBinance AMZNUSDT259.490.0274get 0.0274% / 8h7h 28m$16.1M$29.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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
$46.9
Price spread: +0.116% → +0.096%
$1.94
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
$33.85
Costs to cover
0.150%
Break-even
1.9 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Binance live order book, 12 min ago0.19 bp7.1 bp −$711.8 bp −$11847.1 bp −$4,709doesn't fit
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h259.31+0.045%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.33+0.054%$766K$2.6M100xas long as short
Lighter RH AMZN+0.0032%1h259.57+0.147%$717K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.36+0.066%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.35+0.062%$310K$285K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.48+0.112%$627$5K10xas long as short
Ondo Perps AMZN-USD.Plong+0.0050%1h259.19long leg$1.3M$1.2M10x
QFEX AMZN-USD+0.0055%1h259.45+0.100%$1.4M$4.3M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.24+0.019%$939K$2.5M10xas long as short
GRVT AMZN_USDT_Perp+0.0073%8h259.52+0.127%$14K$1.8M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AMZNUSDTM+0.0100%8h259.36+0.066%$1.5M$605K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.21+0.008%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.55+0.139%$1K$32010xas long as short
edgeX AMZNUSDC+0.0102%4h259.48+0.111%$28K$249K10xas long as short
Aevo AMZN-PERP+0.0104%1h259.46+0.105%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0128%8h259.50+0.120%$2.9M$4.5M20xas long as short
tradeXYZ xyz:AMZN+0.0138%1h259.38+0.073%$28.6M$10.7M20xas long as short
Bybit AMZNUSDT+0.0168%8h259.53+0.131%$3.7M$3.2M100xas long as short
Nado AMZN-PERP+0.0196%1h259.31+0.045%$414K$122K20xas long as short
Hotstuff AMZN-PERP+0.0208%1h259.43+0.093%$33K20xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0213%1h259.42+0.089%$27K$173K10xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.23+0.015%$75K$27K30xas long as short
Lighter AMZN+0.0224%1h259.54+0.134%$827K$1.1M20xas long as short
Arcus AMZN-USD+0.0254%1h259.39+0.077%$197K$241K10xas long as short
Bitget AMZNUSDT+0.0255%8h259.51+0.123%$4.8M$3.8M100xas long as short
Variational Omni AMZN+0.0268%8h259.53+0.131%$1.8M$1.1Mas long as short
Extended AMZN_24_5-USD+0.0272%1h259.46+0.104%$498K$3.5M10xas long as short
Binance AMZNUSDTshort+0.0274%8h259.49+0.116%$16.1M$29.9M20x
Phoenix AMZN+0.0339%1h259.34+0.058%$5K$98K20xas long as short
BloFin AMZN-USDT+0.0394%8h259.40+0.081%$179K$215K20xas long as short