Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.028%

Price spread now: Binance against SoDEX+0.027%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Binance is 0.027% dearer against SoDEX than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AMZN-USD	259.74	0.0050	pay 0.0006% / 1h	13m 16s	$680	$5K	10x
Short	Binance AMZNUSDT	259.81	0	get 0.0000% / 8h	1h 13m	$15.9M	$29.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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 SoDEXbpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: −$10.5
Price spread: +0.027% → 0.000%: $2.7
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$25.8
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 13 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Binance live order book, 13 min ago	0.19 bp	6.6 bp −$7	13.9 bp −$139	70.3 bp −$7,035	doesn't fit

SoDEX: 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
Hotstuff AMZN-PERP	−0.0008%	1h	259.73	−0.004%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.73	−0.004%	$202K	$207K	20x	as long as short
Extended AMZN_24_5-USD	0.0000%	1h	259.74	−0.002%	$500K	$3.0M	10x	as long as short
Binance AMZNUSDTshort	0.0000%	8h	259.81	+0.027%	$15.9M	$29.9M	20x
OKX AMZN-USDT-SWAP	0.0000%	8h	259.85	+0.042%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.62	−0.046%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.91	+0.065%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.85	+0.040%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.85	+0.042%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0020%	1h	259.64	−0.039%	$29K	$176K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.67	−0.027%	$911K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.82	+0.031%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.70	−0.015%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.71	−0.012%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.64	−0.039%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.62	−0.046%	$322K	$294K	10x	as long as short
SoDEX AMZN-USDlong	+0.0050%	1h	259.74	long leg	$680	$5K	10x
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.49	−0.096%	$1.3M	$1.2M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0074%	1h	259.70	−0.015%	$30.0M	$11.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.63	−0.042%	$1.5M	$432K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.62	−0.046%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.75	+0.004%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.69	−0.017%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0105%	8h	259.97	+0.089%	$3.9M	$3.3M	100x	as long as short
BloFin AMZN-USDT	+0.0120%	8h	259.80	+0.023%	$177K	$280K	20x	as long as short
Nado AMZN-PERP	+0.0121%	1h	259.60	−0.054%	$414K	$113K	20x	as long as short
Lighter AMZN	+0.0128%	1h	259.78	+0.016%	$750K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.61	−0.050%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0308%	1h	259.80	+0.023%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0392%	4h	259.77	+0.011%	$28K	$250K	10x	as long as short