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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.064%
Price spread now: Bybit against Ondo Perps+0.119%7-day average +0.131% · 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+0.046%+$5 on $10k
Price spread, last 7 days+0.143%+$14 · spread now +0.119%, 7d avg +0.131%
Together, before fees+0.189%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.131%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% 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.P259.810.0050pay 0.0006% / 1h33m 21s$1.3M$1.1M10x
ShortBybit AMZNUSDT260.120.0574get 0.0574% / 8h7h 33m$4.1M$3.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$110.04
Price spread: +0.119% → +0.131%
−$1.21
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$92.83
Costs to cover
0.160%
Break-even
1.1 days
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago0.96 bp12.4 bp −$1215.2 bp −$152doesn't fitdoesn'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%8h260.09+0.108%$204K$209K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.01+0.077%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.86+0.019%$766K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.10+0.112%$4.9M$4.1M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.11+0.116%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.93+0.046%$29K$173K10xas long as short
Variational Omni AMZN+0.0006%8h260.15+0.133%$1.8M$1.1Mas long as short
Hotstuff AMZN-PERP+0.0016%1h259.92+0.042%$33K20xas long as short
Binance AMZNUSDT+0.0031%8h260.01+0.077%$16.2M$30.0M20xas long as short
Lighter RH AMZN+0.0032%1h260.04+0.089%$719K$1.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AMZN_24_5-USD+0.0032%1h259.93+0.047%$501K$3.0M10xas long as short
Arcus AMZN-USD+0.0040%1h259.93+0.046%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.93+0.046%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.88+0.027%$321K$282K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.93+0.046%$700$5K10xas long as short
Ondo Perps AMZN-USD.Plong+0.0050%1h259.81long leg$1.3M$1.1M10x
QFEX AMZN-USD+0.0052%1h259.98+0.065%$1.4M$3.5M10xas long as short
tradeXYZ xyz:AMZN+0.0054%1h259.92+0.042%$30.0M$11.3M20xas long as short
Coinbase International AMZN-PERP-INTX+0.0088%1h259.74−0.027%$916K$2.3M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.86+0.019%$1.5M$413K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.85+0.015%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.04+0.089%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h260.07+0.099%$14K$51010xas long as short
BloFin AMZN-USDT+0.0126%8h260.05+0.092%$179K$304K20xas long as short
Nado AMZN-PERP+0.0153%1h259.95+0.053%$414K$114K20xas long as short
Lighter AMZN+0.0184%1h260.01+0.078%$743K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.10+0.112%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h260.03+0.085%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0516%4h260.10+0.110%$28K$249K10xas long as short
Bybit AMZNUSDTshort+0.0574%8h260.12+0.119%$4.1M$3.4M100x