Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.023%

Price spread now: SoDEX against Variational Omni−0.025%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on SoDEX

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.025% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 40 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AMZN	259.98	0	get 0.0000% / 8h	16m 32s	$1.8M	$1.1M	—
Short	SoDEX AMZN-USD	259.91	0.0050	get 0.0006% / 1h	16m 32s	$687	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Variational Omni. 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 Variational OmnibpFee SoDEXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $10.5
Price spread: −0.025% → 0.000%: −$2.5
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $0
Costs to cover: 0.080%
Break-even: 7.0 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; SoDEX: 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 Variational Omni RFQ quote, 3 min ago	2.12 bp	doesn't fit	12.1 bp −$121	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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
Deribit AMZN_USDC-PERPETUAL	−0.0173%	1h	259.71	−0.102%	$29K	$172K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.93	−0.016%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.97	−0.002%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.77	−0.079%	$765K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.03	+0.021%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZNlong	0.0000%	8h	259.98	long leg	$1.8M	$1.1M	—
GRVT AMZN_USDT_Perp	0.0000%	8h	259.97	−0.001%	$10K	$1.8M	10x	as long as short
edgeX AMZNUSDC	+0.0002%	4h	259.94	−0.014%	$28K	$249K	10x	as long as short
Binance AMZNUSDT	+0.0020%	8h	259.99	+0.004%	$16.0M	$29.4M	20x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.92	−0.021%	$498K	$3.0M	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	+0.0032%	1h	259.97	−0.002%	$739K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.85	−0.048%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.86	−0.044%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.87	−0.040%	$30.0M	$11.2M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.81	−0.063%	$321K	$287K	10x	as long as short
SoDEX AMZN-USDshort	+0.0050%	1h	259.91	−0.025%	$687	$5K	10x
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.76	−0.083%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.91	−0.025%	$1.4M	$3.6M	10x	as long as short
Hotstuff AMZN-PERP	+0.0064%	1h	259.85	−0.048%	$33K	—	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.88	−0.037%	$916K	$2.3M	10x	as long as short
BloFin AMZN-USDT	+0.0083%	8h	260.00	+0.010%	$178K	$301K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.73	−0.094%	$1.5M	$395K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.81	−0.063%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.96	−0.006%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.89	−0.034%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0115%	1h	259.85	−0.048%	$414K	$114K	20x	as long as short
Lighter AMZN	+0.0152%	1h	259.95	−0.009%	$749K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0182%	8h	260.07	+0.037%	$4.0M	$3.3M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.68	−0.113%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.99	+0.006%	$5K	$78K	20x	as long as short