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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0331%/8h= −36.2% APRpaid last 24h −0.064%
Price spread now: Ondo Perps against Bybit−0.069%7-day average −0.136% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 7 days−0.341%−$34 · spread now −0.069%, 7d avg −0.136%
Together, before fees−0.387%+ Points / potential airdropOndo Perps: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.066% dearer against Bybit than usual: you sell high and buy low (spread −0.069% now, against its 7-day average of −0.136%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.046% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment. 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
LongBybit AMZNUSDT259.840.0381pay 0.0381% / 8h4h 49m$4.3M$3.7M100x
ShortOndo Perps AMZN-USD.P259.660.0050get 0.0006% / 1h49m 20s$1.3M$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bybit. 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
−$69.45
Price spread: −0.069% → −0.136%
$6.63
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$78.82
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.77 bp13.7 bp −$1419.4 bp −$194doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster AMZNUSDT0.0000%8h259.83−0.002%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h259.63−0.081%$827K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.59−0.096%$37K$135K10xas long as short
Lighter RH AMZN+0.0032%1h259.67−0.065%$711K$1.5M10xas long as short
Hotstuff AMZN-PERP+0.0040%1h259.77−0.027%$33K20xas long as short
QFEX AMZN-USD+0.0041%1h259.68−0.062%$1.4M$3.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.64−0.077%$104K25xas long as short
Coinbase International AMZN-PERP-INTX+0.0048%1h259.47−0.142%$923K$2.6M10xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.69−0.058%$30.2M$11.6M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.71−0.050%$313K$297K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AMZN-USD+0.0050%1h259.77−0.027%$712$5K10xas long as short
Ondo Perps AMZN-USD.Pshort+0.0050%1h259.66−0.069%$1.3M$1.0M10x
Bitget AMZNUSDT+0.0054%8h259.76−0.031%$5.0M$5.1M100xas long as short
OKX AMZN-USDT-SWAP+0.0086%8h259.74−0.038%$2.9M$5.0M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.71−0.050%$1.5M$539K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.75−0.035%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.11+0.104%$1K$1K10xas long as short
Aevo AMZN-PERP+0.0104%1h259.71−0.049%$14K$51010xas long as short
Arcus AMZN-USD+0.0105%1h259.59−0.096%$197K$207K10xas long as short
Lighter AMZN+0.0112%1h259.67−0.065%$726K$1.2M20xas long as short
edgeX AMZNUSDC+0.0153%4h259.92+0.031%$28K$249K10xas long as short
Nado AMZN-PERP+0.0196%1h259.63−0.082%$404K$115K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.85+0.004%$76K$23K30xas long as short
Phoenix AMZN+0.0246%1h259.95+0.042%$5K$95K20xas long as short
Variational Omni AMZN+0.0292%8h259.99+0.058%$1.8M$1.0Mas long as short
Binance AMZNUSDT+0.0312%8h259.76−0.033%$16.5M$32.4M20xas long as short
Extended AMZN_24_5-USD+0.0312%1h259.70−0.053%$494K$4.0M10xas long as short
Bybit AMZNUSDTlong+0.0381%8h259.84long leg$4.3M$3.7M100x
BloFin AMZN-USDT+0.0433%8h259.93+0.035%$184K$333K20xas long as short
GRVT AMZN_USDT_Perp+0.0448%8h259.97+0.051%$17K$1.8M10xas long as short