Settings8H · net · $10k
Funding arb · Price arb /

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0197%/8h= −21.6% APRnext payment $1.97 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against Binance+0.004%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 7 days−0.012%−$1 · spread now +0.004%, 7d avg +0.007%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.97 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AMZNUSDT259.690.0197pay 0.0197% / 8h5h 47m$16.4M$32.1M20x
ShortBitget AMZNUSDT259.700get 0.0000% / 8h5h 47m$5.0M$4.9M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
−$41.4
Price spread: +0.004% → +0.007%
−$0.32
Slippage, 4 orders
−$10.35
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.07
Costs to cover
0.324%
Break-even
never at this rate
Slippage from Binance: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago0.19 bp7.0 bp −$711.1 bp −$11141.6 bp −$4,157doesn't fit
Sell Bitget live order book, 4 min ago1.54 bp10.1 bp −$1016.1 bp −$16133.5 bp −$3,354doesn't fit

AMZN on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff AMZN-PERP−0.1600%1h259.92+0.089%$33K20xas long as short
Aster AMZNUSDT0.0000%8h259.70+0.004%$203K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.59−0.039%$813K$2.6M100xas long as short
Bitget AMZNUSDTshort0.0000%8h259.70+0.004%$5.0M$4.9M100x
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.53−0.062%$37K$145K10xas long as short
Lighter RH AMZN+0.0032%1h259.63−0.023%$710K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.60−0.035%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.56−0.050%$323K$285K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.61−0.031%$705$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.35−0.131%$1.3M$1.0M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AMZN-USDT-SWAP+0.0055%8h259.690.000%$2.9M$4.8M20xas long as short
QFEX AMZN-USD+0.0061%1h259.66−0.012%$1.4M$3.5M10xas long as short
tradeXYZ xyz:AMZN+0.0072%1h259.50−0.073%$30.1M$11.6M20xas long as short
Coinbase International AMZN-PERP-INTX+0.0080%1h259.41−0.108%$953K$2.4M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.58−0.042%$1.5M$486K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.89+0.077%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.70+0.004%$1K$87710xas long as short
Aevo AMZN-PERP+0.0104%1h259.59−0.040%$14K$51010xas long as short
Variational Omni AMZN+0.0164%8h260.21+0.202%$1.8M$1.0Mas long as short
Binance AMZNUSDTlong+0.0197%8h259.69long leg$16.4M$32.1M20x
Extended AMZN_24_5-USD+0.0200%1h259.60−0.033%$503K$3.0M10xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.23+0.208%$76K$23K30xas long as short
Nado AMZN-PERP+0.0226%1h259.37−0.125%$403K$118K20xas long as short
Lighter AMZN+0.0232%1h259.66−0.011%$730K$1.3M20xas long as short
Arcus AMZN-USD+0.0246%1h259.56−0.050%$197K$205K10xas long as short
Phoenix AMZN+0.0276%1h259.78+0.035%$5K$84K20xas long as short
BloFin AMZN-USDT+0.0315%8h259.70+0.004%$182K$303K20xas long as short
GRVT AMZN_USDT_Perp+0.0365%8h259.99+0.116%$9K$1.8M10xas long as short
Bybit AMZNUSDT+0.0424%8h259.75+0.023%$4.3M$3.6M100xas long as short
edgeX AMZNUSDC+0.0885%4h260.12+0.167%$28K$249K10xas long as short