Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0344%/8h= +37.7% APRpaid last 24h +0.204%

Price spread now: edgeX against tradeXYZ+0.044%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on tradeXYZ Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.216%−$22 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.044%, 7d avg +0.058%

Together, before fees−0.156%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.216%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.216% in total (about -11.3% 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	tradeXYZ xyz:AMZN	259.80	0.0057	pay 0.0007% / 1h	5m 03s	$29.9M	$11.3M	20x
Short	edgeX AMZNUSDC	259.91	0.0401	get 0.0201% / 4h	3h 05m	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against tradeXYZ. 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 tradeXYZbpFee edgeXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $72.21
Price spread: +0.044% → +0.058%: −$1.41
Slippage, 4 orders: −$13.22
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $30.58
Costs to cover: 0.402%
Break-even: 4.0 days

Slippage from tradeXYZ: live order book, 3 min ago; edgeX: live order book, 47 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 tradeXYZ live order book, 3 min ago	0.38 bp	9.6 bp −$10	13.8 bp −$138	doesn't fit	doesn't fit
Sell edgeX live order book, 47 min ago	5.39 bp	10.3 bp −$10	14.8 bp −$148	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	259.86	+0.022%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.89	+0.035%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.83	+0.012%	$765K	$2.8M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.88	+0.031%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.97	+0.065%	$11K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.70	−0.038%	$28K	$175K	10x	as long as short
Variational Omni AMZN	+0.0029%	8h	259.93	+0.048%	$1.8M	$1.1M	—	as long as short
Lighter RH AMZN	+0.0032%	1h	259.85	+0.019%	$724K	$1.6M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.79	−0.004%	$1.4M	$3.7M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.92	+0.046%	$918K	$2.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.81	+0.004%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.75	−0.019%	—	$104K	25x	as long as short
Nado AMZN-PERP	+0.0047%	1h	259.74	−0.023%	$414K	$112K	20x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	259.77	−0.012%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.70	−0.038%	$317K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.79	−0.004%	$688	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.62	−0.069%	$1.3M	$1.2M	10x	as long as short
Binance AMZNUSDT	+0.0054%	8h	259.83	+0.012%	$16.0M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0056%	1h	259.76	−0.014%	$501K	$3.1M	10x	as long as short
tradeXYZ xyz:AMZNlong	+0.0057%	1h	259.80	long leg	$29.9M	$11.3M	20x
KuCoin AMZNUSDTM	+0.0100%	8h	259.66	−0.054%	$1.5M	$495K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.84	+0.015%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.82	+0.008%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.77	−0.013%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0112%	1h	259.86	+0.024%	$798K	$1.1M	20x	as long as short
Bybit AMZNUSDT	+0.0125%	8h	259.93	+0.050%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0174%	8h	259.86	+0.023%	$178K	$206K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.60	−0.077%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	260.01	+0.081%	$5K	$78K	20x	as long as short
edgeX AMZNUSDCshort	+0.0401%	4h	259.91	+0.044%	$28K	$248K	10x