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+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: Coinbase International against Polymarket Perps+0.035%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.035%, 7d avg −0.033%
Together, before fees+0.165%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.067% dearer against Polymarket Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AMZN-USD259.640.0050pay 0.0006% / 1h27m 06s$321K$282K10x
ShortCoinbase International AMZN-PERP-INTX259.730.0088get 0.0011% / 1h27m 06s$917K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket 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
$7.98
Price spread: +0.035% → −0.033%
$6.75
Slippage, 4 orders
−$8.89
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$12.16
Costs to cover
0.269%
Break-even
17.7 days
Slippage from Polymarket Perps: live order book, 70 min ago; Coinbase International: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 70 min ago1.15 bp5.2 bp −$55.4 bp −$549.0 bp −$899doesn't fit
Sell Coinbase International live order book, 2 min ago2.89 bp8.0 bp −$811.0 bp −$110doesn't fitdoesn't fit

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%8h259.95+0.117%$204K$209K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.85+0.081%$2.8M$4.7M20xas long as short
Gate AMZN_USDT0.0000%8h259.66+0.008%$766K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h259.89+0.096%$4.9M$4.1M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.06+0.162%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.65+0.004%$29K$173K10xas long as short
Variational Omni AMZN+0.0005%8h260.03+0.150%$1.8M$1.1Mas long as short
Extended AMZN_24_5-USD+0.0024%1h259.79+0.056%$501K$3.0M10xas long as short
Binance AMZNUSDT+0.0026%8h259.85+0.082%$16.2M$30.0M20xas long as short
Lighter RH AMZN+0.0032%1h259.82+0.069%$718K$1.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.66+0.008%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.74+0.039%$104K25xas long as short
Hotstuff AMZN-PERP+0.0048%1h259.70+0.023%$33K20xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.69+0.019%$29.9M$11.3M20xas long as short
Polymarket Perps AMZN-USDlong+0.0050%1h259.64long leg$321K$282K10x
SoDEX AMZN-USD+0.0050%1h259.80+0.062%$702$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.68+0.015%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0052%1h259.78+0.054%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTXshort+0.0088%1h259.73+0.035%$917K$2.3M10x
KuCoin AMZNUSDTM+0.0100%8h259.79+0.058%$1.5M$420K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.86+0.085%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.85+0.081%$1K$33110xas long as short
BloFin AMZN-USDT+0.0103%8h259.87+0.089%$179K$304K20xas long as short
Aevo AMZN-PERP+0.0104%1h259.80+0.061%$14K$51010xas long as short
Nado AMZN-PERP+0.0144%1h259.71+0.027%$414K$114K20xas long as short
Lighter AMZN+0.0168%1h259.84+0.077%$740K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.10+0.177%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h260.02+0.146%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0373%4h260.01+0.141%$28K$250K10xas long as short
Bybit AMZNUSDT+0.0463%8h260.02+0.146%$4.2M$3.4M100xas long as short