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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.03 per $10,000 · paid last 24h −0.024%
Price spread now: Injective against Phoenix−0.038%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+0.048%+$5 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 −$1 a day on $10k at the current rate, and Injective is 0.038% cheaper against Phoenix than usual: you would sell low and buy high (−$4 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 AMZN259.950.0246pay 0.0031% / 1h47m 46s$5K$95K20x
ShortInjective AMZN/USDC PERP259.850.0220get 0.0028% / 1h47m 46s$76K$23K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$5.46
Price spread: −0.038% → 0.000%
−$3.85
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$16.33
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Phoenix: no order-book sample; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix no order-book sample
Sell Injective no order-book sample
Phoenix and Injective: 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 exchanges

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%8h259.84−0.043%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.57−0.146%$826K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.58−0.142%$37K$135K10xas long as short
Lighter RH AMZN+0.0032%1h259.74−0.081%$711K$1.5M10xas long as short
Hotstuff AMZN-PERP+0.0040%1h259.77−0.069%$33K20xas long as short
QFEX AMZN-USD+0.0041%1h259.68−0.104%$1.4M$3.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.61−0.131%$104K25xas long as short
Coinbase International AMZN-PERP-INTX+0.0048%1h259.47−0.185%$923K$2.6M10xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.59−0.138%$30.2M$11.6M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.64−0.119%$313K$297K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AMZN-USD+0.0050%1h259.68−0.104%$713$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.48−0.181%$1.3M$1.0M10xas long as short
Bitget AMZNUSDT+0.0054%8h259.82−0.050%$5.0M$5.1M100xas long as short
OKX AMZN-USDT-SWAP+0.0085%8h259.84−0.042%$2.9M$5.0M20xas long as short
Lighter AMZN+0.0096%1h259.75−0.077%$725K$1.3M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.70−0.096%$1.5M$540K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.75−0.077%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.12+0.065%$1K$1K10xas long as short
Aevo AMZN-PERP+0.0104%1h259.63−0.121%$14K$51010xas long as short
Arcus AMZN-USD+0.0105%1h259.65−0.115%$197K$207K10xas long as short
edgeX AMZNUSDC+0.0153%4h259.92−0.011%$28K$249K10xas long as short
Nado AMZN-PERP+0.0191%1h259.72−0.088%$404K$115K20xas long as short
Injective AMZN/USDC PERPshort+0.0220%1h259.85−0.038%$76K$23K30x
Phoenix AMZNlong+0.0246%1h259.95long leg$5K$95K20x
Variational Omni AMZN+0.0292%8h259.99+0.015%$1.8M$1.0Mas long as short
Extended AMZN_24_5-USD+0.0304%1h259.67−0.107%$494K$4.0M10xas long as short
Binance AMZNUSDT+0.0307%8h259.76−0.072%$16.5M$32.4M20xas long as short
Bybit AMZNUSDT+0.0375%8h259.87−0.031%$4.3M$3.7M100xas long as short
BloFin AMZN-USDT+0.0433%8h259.93−0.008%$184K$333K20xas long as short
GRVT AMZN_USDT_Perp+0.0448%8h259.97+0.009%$17K$1.8M10xas long as short