Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0447%/8h= +49.0% APRpaid last 24h +0.213%

Price spread now: edgeX against Polymarket Perps+0.080%64s7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.309% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.080%, 7d avg +0.062%

Together, before fees−0.228%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.209%, so the current rate has only just turned in your favour. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMZN-USD	259.78	0.0050	pay 0.0006% / 1h	8m 26s	$321K	$287K	10x
Short	edgeX AMZNUSDC	259.99	0.0497	get 0.0249% / 4h	8m 26s	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $93.97
Price spread: +0.080% → +0.062%: $1.77
Slippage, 4 orders: −$13.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $64.89
Costs to cover: 0.309%
Break-even: 2.2 days

Slippage from Polymarket Perps: live order book, 29 min ago; edgeX: live order book, 29 min ago.

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 Polymarket Perps live order book, 29 min ago	1.15 bp	5.2 bp −$5	5.4 bp −$54	9.0 bp −$899	doesn't fit
Sell edgeX live order book, 29 min ago	5.39 bp	10.4 bp −$10	15.0 bp −$150	doesn't fit	doesn't fit

AMZN on 30 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	259.99	+0.083%	$203K	$208K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.02	+0.092%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.76	−0.008%	$766K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.99	+0.081%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	260.01	+0.090%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.00	+0.084%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.76	−0.008%	$29K	$173K	10x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.87	+0.034%	$498K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0026%	8h	259.93	+0.057%	$16.0M	$29.5M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.93	+0.058%	$739K	$1.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff AMZN-PERP	+0.0032%	1h	259.81	+0.012%	$33K	—	20x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.87	+0.035%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.79	+0.004%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.79	+0.004%	$30.0M	$11.2M	20x	as long as short
Polymarket Perps AMZN-USDlong	+0.0050%	1h	259.78	long leg	$321K	$287K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.89	+0.042%	$681	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.70	−0.031%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.90	+0.046%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.88	+0.038%	$916K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.76	−0.008%	$1.5M	$391K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.76	−0.008%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.93	+0.058%	$1K	$331	10x	as long as short
BloFin AMZN-USDT	+0.0102%	8h	259.95	+0.065%	$178K	$301K	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.87	+0.036%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0122%	1h	259.70	−0.031%	$414K	$114K	20x	as long as short
Lighter AMZN	+0.0160%	1h	259.93	+0.057%	$749K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0186%	8h	260.04	+0.100%	$4.0M	$3.3M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.30	−0.185%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.97	+0.073%	$5K	$78K	20x	as long as short
edgeX AMZNUSDCshort	+0.0497%	4h	259.99	+0.080%	$28K	$248K	10x