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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.034%
Price spread now: ApeX Omni against Phoenix−0.062%7-day average · you buy dearer than you sell
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−0.039%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.062% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMZN259.980.0246pay 0.0031% / 1h42m 41s$5K$78K20x
ShortApeX Omni AMZNUSDT259.820.0100get 0.0013% / 1h42m 41s$93K$130K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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
−$30.73
Price spread: −0.062% → 0.000%
−$6.15
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$53.88
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 53 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 Phoenix no order-book sample
Sell ApeX Omni live order book, 53 min ago2.50 bp28.4 bp −$28615.3 bp −$6,153doesn't fitdoesn't fit
Phoenix: 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%8h259.96−0.009%$204K$209K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.92−0.023%$2.8M$4.8M20xas long as short
Hotstuff AMZN-PERP0.0000%1h259.85−0.050%$33K20xas long as short
Gate AMZN_USDT0.0000%8h259.73−0.096%$765K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h259.91−0.027%$4.9M$4.1M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.02+0.015%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.67−0.119%$29K$173K10xas long as short
Variational Omni AMZN+0.0010%8h260.01+0.013%$1.8M$1.1Mas long as short
Lighter RH AMZN+0.0032%1h259.92−0.023%$714K$1.6M10xas long as short
Extended AMZN_24_5-USD+0.0032%1h259.74−0.091%$501K$3.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AMZNUSDT+0.0032%8h259.86−0.046%$16.1M$29.8M20xas long as short
Arcus AMZN-USD+0.0040%1h259.75−0.088%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.75−0.088%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.73−0.096%$29.9M$11.3M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.71−0.104%$321K$287K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.77−0.081%$690$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.77−0.081%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0052%1h259.78−0.077%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0088%1h259.75−0.088%$917K$2.3M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.75−0.088%$1.5M$404K20xas long as short
ApeX Omni AMZNUSDTshort+0.0100%1h259.82−0.062%$93K$130K50x
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.85−0.050%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h259.79−0.075%$14K$51010xas long as short
BloFin AMZN-USDT+0.0138%8h259.81−0.065%$178K$303K20xas long as short
Nado AMZN-PERP+0.0138%1h259.78−0.076%$414K$114K20xas long as short
Lighter AMZN+0.0160%1h259.90−0.031%$743K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.35+0.142%$75K$27K30xas long as short
Phoenix AMZNlong+0.0246%1h259.98long leg$5K$78K20x
Bybit AMZNUSDT+0.0448%8h260.02+0.015%$4.1M$3.4M100xas long as short
edgeX AMZNUSDC+0.0785%4h259.96−0.007%$28K$250K10xas long as short