Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.020%

Price spread now: Bitget against ApeX Omni+0.092%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$630.626% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.092%, 7d avg +0.057%

Together, before fees−0.225%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.036% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.057%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.101% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AMZNUSDT	259.76	0.0100	pay 0.0013% / 1h	9m 14s	$93K	$130K	50x
Short	Bitget AMZNUSDT	260.00	0	get 0.0000% / 8h	9m 14s	$4.9M	$4.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$21
Price spread: +0.092% → +0.057%: $3.56
Slippage, 4 orders: −$40.59
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$80.03
Costs to cover: 0.626%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 26 min ago; Bitget: live order book, 4 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 ApeX Omni live order book, 26 min ago	2.50 bp	14.1 bp −$14	360.7 bp −$3,607	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.35 bp	11.1 bp −$11	14.8 bp −$148	34.2 bp −$3,423	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	260.06	+0.117%	$203K	$208K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.02	+0.100%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.76	0.000%	$766K	$2.6M	100x	as long as short
Bitget AMZNUSDTshort	0.0000%	8h	260.00	+0.092%	$4.9M	$4.0M	100x
Variational Omni AMZN	0.0000%	8h	260.01	+0.098%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.00	+0.091%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.76	0.000%	$29K	$173K	10x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.91	+0.058%	$498K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0026%	8h	259.97	+0.081%	$16.0M	$29.5M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.93	+0.065%	$739K	$1.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff AMZN-PERP	+0.0032%	1h	259.84	+0.031%	$33K	—	20x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.89	+0.050%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.80	+0.015%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.84	+0.031%	$30.0M	$11.2M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.83	+0.027%	$321K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.89	+0.050%	$681	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.70	−0.023%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.96	+0.077%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.88	+0.046%	$916K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.77	+0.004%	$1.5M	$391K	20x	as long as short
ApeX Omni AMZNUSDTlong	+0.0100%	1h	259.76	long leg	$93K	$130K	50x
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.95	+0.073%	$1K	$331	10x	as long as short
BloFin AMZN-USDT	+0.0102%	8h	259.95	+0.073%	$178K	$301K	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.90	+0.055%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0122%	1h	259.79	+0.011%	$414K	$114K	20x	as long as short
Lighter AMZN	+0.0160%	1h	259.93	+0.065%	$749K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0185%	8h	260.04	+0.108%	$4.0M	$3.3M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.30	−0.177%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.97	+0.081%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0497%	4h	259.99	+0.087%	$28K	$248K	10x	as long as short