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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.068%
Price spread now: Bybit against QFEX+0.027%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.410% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.110%+$11 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.027%, 7d avg +0.052%
Together, before fees+0.059%+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.025% cheaper against QFEX than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.052%). If the spread goes back, that is −$2 on $10k: about 25 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX AMZN-USD259.800.0020pay 0.0002% / 1h31m 31s$1.4M$3.7M10x
ShortBybit AMZNUSDT259.870.0099get 0.0099% / 8h2h 31m$3.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against QFEX. 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
$16.59
Price spread: +0.027% → +0.052%
−$2.49
Slippage, 4 orders
−$20.01
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$26.91
Costs to cover
0.410%
Break-even
18.4 days
Slippage from QFEX: live order book, 7 min ago; Bybit: live order book, 1 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 QFEX live order book, 7 min ago2.31 bp7.3 bp −$77.6 bp −$7613.8 bp −$1,376doesn't fit
Sell Bybit live order book, 1 min ago3.08 bp13.3 bp −$1325.5 bp −$255doesn'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%8h259.84+0.014%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.86+0.023%$2.8M$4.7M20xas long as short
Gate AMZN_USDT0.0000%8h259.70−0.038%$764K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.88+0.031%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h259.90+0.040%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.86+0.024%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.69−0.042%$28K$175K10xas long as short
QFEX AMZN-USDlong+0.0020%1h259.80long leg$1.4M$3.7M10x
Extended AMZN_24_5-USD+0.0024%1h259.80−0.002%$499K$3.1M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0024%1h259.50−0.115%$917K$2.3M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AMZNUSDT+0.0025%8h259.86+0.023%$15.9M$29.8M20xas long as short
Lighter RH AMZN+0.0032%1h259.89+0.035%$726K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.73−0.027%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.77−0.012%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.70−0.038%$321K$286K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.79−0.004%$679$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.63−0.065%$1.3M$1.1M10xas long as short
Nado AMZN-PERP+0.0094%1h259.77−0.012%$414K$112K20xas long as short
Bybit AMZNUSDTshort+0.0099%8h259.87+0.027%$3.7M$3.2M100x
KuCoin AMZNUSDTM+0.0100%8h259.68−0.046%$1.5M$472K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.70−0.038%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.84+0.015%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.77−0.010%$14K$51010xas long as short
BloFin AMZN-USDT+0.0113%8h259.86+0.023%$179K$205K20xas long as short
Lighter AMZN+0.0120%1h259.87+0.027%$748K$1.3M20xas long as short
tradeXYZ xyz:AMZN+0.0164%1h259.800.000%$30.0M$11.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.64−0.062%$75K$27K30xas long as short
Hotstuff AMZN-PERP+0.0232%1h259.78−0.008%$33K20xas long as short
Phoenix AMZN+0.0246%1h259.88+0.031%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0708%4h259.83+0.011%$28K$249K10xas long as short