Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0410%/8h= +44.9% APRpaid last 24h +0.047%

Price spread now: edgeX against Binance+0.011%60s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.319% of the position

Long on Binance Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.266%−$27 on $10k

Price spread, last 2 days (all we have)−0.051%−$5 · spread now +0.011%, 7d avg −0.007%

Together, before fees−0.317%+ Points / potential airdropedgeX: Active · farm board−$32 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: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.8% 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	Binance AMZNUSDT	259.28	0.0261	pay 0.0261% / 8h	12m 32s	$16.2M	$30.9M	20x
Short	edgeX AMZNUSDC	259.31	0.0671	get 0.0335% / 4h	12m 32s	$28K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee BinancebpFee edgeXbpOrdersPrice spread, now +0.011%Rate

Funding earned: $86.05
Price spread: +0.011% → −0.007%: $1.83
Slippage, 4 orders: −$12.86
Fee Binance: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $56.03
Costs to cover: 0.319%
Break-even: 2.4 days

Slippage from Binance: live order book, 14 min ago; edgeX: live order book, 65 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 Binance live order book, 14 min ago	0.19 bp	5.5 bp −$5	10.5 bp −$105	41.8 bp −$4,180	doesn't fit
Sell edgeX live order book, 65 min ago	5.41 bp	10.3 bp −$10	15.1 bp −$151	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	259.13	−0.058%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.07	−0.081%	$765K	$2.6M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.31	+0.012%	$719K	$1.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.11	−0.066%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.14	−0.054%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.23	−0.019%	$628	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.99	−0.112%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.16	−0.046%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.20	−0.031%	$940K	$2.7M	10x	as long as short
Hotstuff AMZN-PERP	+0.0080%	1h	259.17	−0.042%	$33K	—	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	259.10	−0.069%	$1.5M	$609K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.08	−0.077%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.29	+0.004%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.22	−0.024%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0135%	8h	259.34	+0.023%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0161%	8h	259.31	+0.013%	$7K	$1.7M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0175%	1h	259.20	−0.031%	$27K	$178K	10x	as long as short
tradeXYZ xyz:AMZN	+0.0180%	1h	259.17	−0.042%	$28.5M	$10.9M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.10	−0.069%	$75K	$27K	30x	as long as short
Nado AMZN-PERP	+0.0243%	1h	259.12	−0.062%	$414K	$123K	20x	as long as short
Variational Omni AMZN	+0.0248%	8h	259.35	+0.025%	$1.8M	$1.4M	—	as long as short
Binance AMZNUSDTlong	+0.0261%	8h	259.28	long leg	$16.2M	$30.9M	20x
Extended AMZN_24_5-USD	+0.0264%	1h	259.23	−0.019%	$497K	$2.5M	10x	as long as short
Arcus AMZN-USD	+0.0274%	1h	259.09	−0.073%	$197K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0292%	8h	259.30	+0.008%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.32	+0.015%	$5K	$98K	20x	as long as short
Lighter AMZN	+0.0336%	1h	259.33	+0.018%	$833K	$1.1M	20x	as long as short
Bybit AMZNUSDT	+0.0349%	8h	259.30	+0.008%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0380%	8h	259.32	+0.015%	$178K	$215K	20x	as long as short
edgeX AMZNUSDCshort	+0.0671%	4h	259.31	+0.011%	$28K	$249K	10x