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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.035%
Price spread now: QFEX against Bitget−0.015%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.050%−$5 on $10k
Price spread, last 7 days−0.021%−$2 · spread now −0.015%, 7d avg −0.055%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AMZNUSDT259.880get 0.0000% / 8h2h 24m$4.9M$4.0M100x
ShortQFEX AMZN-USD259.840.0020get 0.0002% / 1h24m 33s$1.4M$3.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bitget. 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
$4.17
Price spread: −0.015% → −0.055%
$3.93
Slippage, 4 orders
−$9.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$22.93
Costs to cover
0.310%
Break-even
45.5 days
Slippage from Bitget: live order book, 4 min ago; QFEX: 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 Bitget live order book, 4 min ago1.73 bp9.4 bp −$914.5 bp −$14534.8 bp −$3,476doesn't fit
Sell QFEX live order book, 4 min ago1.35 bp6.3 bp −$67.3 bp −$7313.5 bp −$1,352doesn't fit

AMZN on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h259.85−0.012%$203K$211K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.95+0.027%$2.8M$4.7M20xas long as short
Gate AMZN_USDT0.0000%8h259.74−0.054%$764K$2.7M100xas long as short
Bitget AMZNUSDTlong0.0000%8h259.88long leg$4.9M$4.0M100x
Variational Omni AMZN0.0000%8h259.97+0.035%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.82−0.023%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.79−0.035%$28K$175K10xas long as short
Extended AMZN_24_5-USD+0.0016%1h259.83−0.018%$499K$3.1M10xas long as short
Binance AMZNUSDT+0.0018%8h259.93+0.018%$15.9M$29.8M20xas long as short
QFEX AMZN-USDshort+0.0020%1h259.84−0.015%$1.4M$3.7M10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTX+0.0024%1h259.70−0.069%$929K$2.3M10xas long as short
Lighter RH AMZN+0.0032%1h259.84−0.015%$725K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.78−0.038%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.76−0.046%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.75−0.050%$321K$284K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.85−0.012%$680$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.71−0.065%$1.3M$1.2M10xas long as short
Hotstuff AMZN-PERP+0.0064%1h259.82−0.023%$33K20xas long as short
BloFin AMZN-USDT+0.0074%8h259.93+0.019%$177K$205K20xas long as short
Nado AMZN-PERP+0.0084%1h259.75−0.049%$414K$113K20xas long as short
Bybit AMZNUSDT+0.0098%8h259.94+0.023%$3.7M$3.2M100xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.67−0.081%$1.5M$468K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.76−0.046%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.93+0.019%$1K$32010xas long as short
Lighter AMZN+0.0104%1h259.82−0.022%$748K$1.3M20xas long as short
Aevo AMZN-PERP+0.0104%1h259.88−0.002%$14K$51010xas long as short
tradeXYZ xyz:AMZN+0.0145%1h259.77−0.042%$30.0M$11.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.09+0.081%$75K$27K30xas long as short
Phoenix AMZN+0.0246%1h259.89+0.004%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0939%4h259.85−0.013%$28K$248K10xas long as short