Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Orderly against Polymarket Perps+0.054%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.054% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMZN-USD	259.70	0.0050	pay 0.0006% / 1h	31m 01s	$321K	$286K	10x
Short	Orderly PERP_AMZN_USDC_mythos	259.84	0.0100	get 0.0100% / 8h	2h 31m	$1K	$320	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.054%Rate

Funding earned: $10.5
Price spread: +0.054% → 0.000%: $5.39
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $1.89
Costs to cover: 0.140%
Break-even: 5.7 days

Slippage unknown: Polymarket Perps: live order book, 16 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 16 min ago	1.35 bp	5.7 bp −$6	6.3 bp −$63	8.8 bp −$877	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AMZNUSDT	0.0000%	8h	259.83	+0.050%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.86	+0.062%	$2.8M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.70	0.000%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.88	+0.069%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.88	+0.071%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.86	+0.063%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.70	0.000%	$28K	$175K	10x	as long as short
QFEX AMZN-USD	+0.0020%	1h	259.80	+0.039%	$1.4M	$3.7M	10x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.80	+0.039%	$499K	$3.1M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.50	−0.077%	$917K	$2.3M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AMZNUSDT	+0.0025%	8h	259.87	+0.066%	$15.9M	$29.8M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.90	+0.077%	$726K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.73	+0.012%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.77	+0.027%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USDlong	+0.0050%	1h	259.70	long leg	$321K	$286K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.82	+0.046%	$686	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.63	−0.027%	$1.3M	$1.1M	10x	as long as short
Nado AMZN-PERP	+0.0094%	1h	259.77	+0.026%	$414K	$112K	20x	as long as short
Bybit AMZNUSDT	+0.0099%	8h	259.87	+0.065%	$3.7M	$3.2M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.67	−0.012%	$1.5M	$472K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.70	0.000%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythosshort	+0.0100%	8h	259.84	+0.054%	$1K	$320	10x
BloFin AMZN-USDT	+0.0100%	8h	259.90	+0.077%	$179K	$205K	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.79	+0.035%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0112%	1h	259.87	+0.067%	$748K	$1.3M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0163%	1h	259.79	+0.035%	$30.0M	$11.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.03	+0.127%	$75K	$27K	30x	as long as short
Hotstuff AMZN-PERP	+0.0232%	1h	259.78	+0.031%	$33K	—	20x	as long as short
Phoenix AMZN	+0.0246%	1h	259.88	+0.069%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0708%	4h	259.83	+0.050%	$28K	$249K	10x	as long as short