Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h −0.081%

Price spread now: Hotstuff against Orderly−0.039%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.039% cheaper against Orderly than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AMZN_USDC_mythos	259.45	0.0100	pay 0.0100% / 8h	6h 01m	$1K	$320	10x
Short	Hotstuff AMZN-PERP	259.35	0.0216	get 0.0027% / 1h	1m 21s	$33K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Orderly. 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 OrderlybpFee HotstuffbpOrdersPrice spread, now −0.039%Rate

Funding earned: $24.36
Price spread: −0.039% → 0.000%: −$3.85
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $9.51
Costs to cover: 0.110%
Break-even: 4.3 days

Slippage unknown: Orderly: no order-book sample; Hotstuff: 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 Orderly no order-book sample	—	—	—	—	—
Sell Hotstuff no order-book sample	—	—	—	—	—

Orderly and Hotstuff: 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 29 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	259.34	−0.042%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.26	−0.073%	$761K	$2.7M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.47	+0.008%	$11K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.34	−0.042%	$28K	$174K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.48	+0.012%	$717K	$1.5M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.36	−0.035%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.39	−0.023%	—	$104K	25x	as long as short
QFEX AMZN-USD	+0.0049%	1h	259.38	−0.027%	$1.4M	$4.2M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.26	−0.073%	$317K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.40	−0.019%	$637	$5K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.26	−0.073%	$1.3M	$1.2M	10x	as long as short
Bitget AMZNUSDT	+0.0053%	8h	259.49	+0.015%	$4.8M	$3.8M	100x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.21	−0.093%	$947K	$2.4M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0074%	1h	259.35	−0.039%	$29.8M	$11.3M	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0086%	8h	259.50	+0.019%	$2.9M	$4.5M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.25	−0.077%	$1.5M	$577K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.34	−0.042%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythoslong	+0.0100%	8h	259.45	long leg	$1K	$320	10x
Aevo AMZN-PERP	+0.0104%	1h	259.34	−0.041%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0124%	1h	259.31	−0.053%	$414K	$122K	20x	as long as short
Lighter AMZN	+0.0176%	1h	259.45	+0.002%	$823K	$1.1M	20x	as long as short
Extended AMZN_24_5-USD	+0.0216%	1h	259.40	−0.019%	$498K	$2.7M	10x	as long as short
Hotstuff AMZN-PERPshort	+0.0216%	1h	259.35	−0.039%	$33K	—	20x
Binance AMZNUSDT	+0.0218%	8h	259.47	+0.008%	$16.1M	$29.9M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.69	+0.093%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0221%	8h	259.45	+0.002%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDT	+0.0238%	8h	259.56	+0.042%	$3.8M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0277%	1h	259.45	0.000%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0906%	4h	259.42	−0.010%	$28K	$249K	10x	as long as short