Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.045%

Price spread now: Nado against BloFin−0.003%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on BloFin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.228%−$23 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.003%, 7d avg −0.035%

Together, before fees−0.336%+ Points / potential airdropNado: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.033% dearer against BloFin than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.035%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 3 days (−0.228% in total) that is about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AMZN-USDT	259.79	0.0230	pay 0.0230% / 8h	3h 38m	$178K	$205K	20x
Short	Nado AMZN-PERP	259.78	0.0126	get 0.0016% / 1h	38m 48s	$414K	$112K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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 BloFinbpFee NadobpOrdersPrice spread, now −0.003%Rate

Funding earned: −$21.87
Price spread: −0.003% → −0.035%: $3.3
Slippage, 4 orders: −$18.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$56.48
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from BloFin: live order book, 52 min ago; Nado: live order book, 14 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 BloFin live order book, 52 min ago	0.19 bp	7.2 bp −$7	10.4 bp −$104	25.8 bp −$2,577	doesn't fit
Sell Nado live order book, 14 min ago	1.15 bp	13.0 bp −$13	46.3 bp −$463	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	259.79	−0.001%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.70	−0.035%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.92	+0.050%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.88	+0.035%	$14K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.72	−0.027%	$28K	$175K	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0019%	8h	259.82	+0.012%	$2.9M	$4.7M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.90	+0.042%	$721K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.79	0.000%	$1.4M	$3.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.63	−0.062%	$917K	$2.4M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.76	−0.012%	$197K	$240K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMZN-USD-PERP	+0.0046%	1h	259.77	−0.008%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.77	−0.008%	$323K	$277K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.79	0.000%	$669	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.71	−0.031%	$1.3M	$1.2M	10x	as long as short
Variational Omni AMZN	+0.0090%	8h	259.89	+0.040%	$1.8M	$1.1M	—	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.67	−0.046%	$1.5M	$505K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.67	−0.046%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.87	+0.031%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.80	+0.005%	$14K	$510	10x	as long as short
Binance AMZNUSDT	+0.0110%	8h	259.88	+0.035%	$16.1M	$29.7M	20x	as long as short
Extended AMZN_24_5-USD	+0.0112%	1h	259.80	+0.003%	$502K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0115%	1h	259.80	+0.004%	$29.8M	$11.2M	20x	as long as short
Hotstuff AMZN-PERP	+0.0120%	1h	259.77	−0.008%	$33K	—	20x	as long as short
Nado AMZN-PERPshort	+0.0126%	1h	259.78	−0.003%	$414K	$112K	20x
Bybit AMZNUSDT	+0.0189%	8h	259.93	+0.054%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0192%	1h	259.91	+0.047%	$804K	$1.0M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.62	−0.065%	$75K	$27K	30x	as long as short
BloFin AMZN-USDTlong	+0.0230%	8h	259.79	long leg	$178K	$205K	20x
Phoenix AMZN	+0.0277%	1h	259.90	+0.042%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0374%	4h	259.86	+0.028%	$28K	$248K	10x	as long as short