Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0227%/8h= +24.9% APRpaid last 24h −0.008%

Price spread now: Bitget against SoDEX+0.042%49s7-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 Bitget

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.042% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AMZN-USD	258.87	0.0050	pay 0.0006% / 1h	59m 22s	$637	$5K	10x
Short	Bitget AMZNUSDT	258.98	0.0277	get 0.0277% / 8h	1h 59m	$4.8M	$4.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.042%Rate

Funding earned: $47.67
Price spread: +0.042% → 0.000%: $4.25
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $31.92
Costs to cover: 0.200%
Break-even: 2.3 days

Slippage unknown: SoDEX: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago	1.35 bp	9.4 bp −$9	14.1 bp −$141	45.9 bp −$4,586	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
Injective AMZN/USDC PERP	−0.0077%	1h	258.65	−0.085%	$74K	$27K	30x	as long as short
Aster AMZNUSDT	0.0000%	8h	258.87	+0.002%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.76	−0.042%	$758K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	258.71	−0.062%	$27K	$275K	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	258.86	−0.004%	$941K	$2.7M	10x	as long as short
edgeX AMZNUSDC	+0.0040%	4h	258.97	+0.039%	$28K	$248K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.74	−0.050%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.80	−0.027%	$304K	$311K	10x	as long as short
SoDEX AMZN-USDlong	+0.0050%	1h	258.87	long leg	$637	$5K	10x
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.69	−0.070%	$1.3M	$1.3M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMZN	+0.0064%	1h	258.92	+0.019%	$715K	$1.7M	10x	as long as short
QFEX AMZN-USD	+0.0068%	1h	258.94	+0.027%	$1.4M	$4.4M	10x	as long as short
Hotstuff AMZN-PERP	+0.0088%	1h	258.84	−0.012%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.75	−0.046%	$1.5M	$653K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.71	−0.062%	$92K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.97	+0.039%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.92	+0.019%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0122%	8h	258.96	+0.035%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0128%	8h	258.99	+0.046%	$12K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0171%	8h	258.98	+0.042%	$1.8M	$1.6M	—	as long as short
Binance AMZNUSDT	+0.0191%	8h	258.97	+0.039%	$16.1M	$31.7M	20x	as long as short
Extended AMZN_24_5-USD	+0.0192%	1h	258.94	+0.025%	$490K	$2.5M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0270%	1h	258.84	−0.012%	$28.2M	$11.3M	20x	as long as short
Bitget AMZNUSDTshort	+0.0277%	8h	258.98	+0.042%	$4.8M	$4.1M	100x
Arcus AMZN-USD	+0.0284%	1h	258.73	−0.054%	$196K	$239K	10x	as long as short
BloFin AMZN-USDT	+0.0308%	8h	258.95	+0.031%	$179K	$189K	20x	as long as short
Bybit AMZNUSDT	+0.0309%	8h	259.06	+0.073%	$3.7M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.03	+0.062%	$5K	$118K	20x	as long as short
Nado AMZN-PERP	+0.0319%	1h	258.66	−0.083%	$414K	$123K	20x	as long as short
Lighter AMZN	+0.0352%	1h	258.95	+0.032%	$832K	$1.1M	20x	as long as short