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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.009%
Price spread now: Binance against Phoenix+0.019%7-day average · 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−0.087%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix AMZN259.650.0185pay 0.0023% / 1h23m 10s$5K$77K20x
ShortBinance AMZNUSDT259.700.0137get 0.0137% / 8h4h 23m$16.1M$29.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$9.94
Price spread: +0.019% → 0.000%
$1.91
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$25.04
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Binance: live order book, 3 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 Binance live order book, 3 min ago0.19 bp6.4 bp −$611.6 bp −$11641.7 bp −$4,174doesn'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%8h259.54−0.041%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.55−0.039%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.75+0.039%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.60−0.019%$16K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.52−0.050%$28K$174K10xas long as short
Lighter RH AMZN+0.0032%1h259.73+0.031%$721K$1.5M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0032%1h259.60−0.019%$917K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.62−0.012%$1.4M$3.8M10xas long as short
Arcus AMZN-USD+0.0040%1h259.51−0.054%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.52−0.050%$104K25xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USD+0.0050%1h259.51−0.054%$320K$275K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.63−0.008%$658$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.34−0.119%$1.3M$1.2M10xas long as short
OKX AMZN-USDT-SWAP+0.0056%8h259.66+0.004%$2.9M$4.6M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.57−0.031%$1.5M$516K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.50−0.058%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.61−0.015%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.54−0.043%$14K$51010xas long as short
Variational Omni AMZN+0.0125%8h259.60−0.021%$1.8M$1.1Mas long as short
tradeXYZ xyz:AMZN+0.0131%1h259.57−0.031%$29.8M$11.0M20xas long as short
Extended AMZN_24_5-USD+0.0136%1h259.63−0.009%$499K$2.7M10xas long as short
Binance AMZNUSDTshort+0.0137%8h259.70+0.019%$16.1M$29.6M20x
Bybit AMZNUSDT+0.0145%8h259.64−0.004%$3.7M$3.2M100xas long as short
Nado AMZN-PERP+0.0157%1h259.54−0.043%$415K$118K20xas long as short
Phoenix AMZNlong+0.0185%1h259.65long leg$5K$77K20x
Injective AMZN/USDC PERP+0.0220%1h259.33−0.123%$75K$27K30xas long as short
Lighter AMZN+0.0232%1h259.69+0.015%$809K$1.1M20xas long as short
BloFin AMZN-USDT+0.0257%8h259.70+0.019%$180K$204K20xas long as short
Hotstuff AMZN-PERP+0.0296%1h259.52−0.050%$33K20xas long as short
edgeX AMZNUSDC+0.0444%4h259.55−0.038%$28K$248K10xas long as short