Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.017%

Price spread now: Aster against Coinbase International+0.031%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1051.047% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.031%, 7d avg +0.102%

Together, before fees−0.207%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.071% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.102%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AMZN-PERP-INTX	259.73	0.0024	pay 0.0003% / 1h	41m 20s	$911K	$2.3M	10x
Short	Aster AMZNUSDT	259.81	0	get 0.0000% / 8h	1h 41m	$203K	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$5.04
Price spread: +0.031% → +0.102%: −$7.12
Slippage, 4 orders: −$86.68
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$116.83
Costs to cover: 1.047%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Aster: 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 Coinbase International live order book, 2 min ago	1.93 bp	7.6 bp −$8	10.6 bp −$106	doesn't fit	doesn't fit
Sell Aster live order book, 65 min ago	3.27 bp	42.6 bp −$43	doesn't fit	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 AMZNUSDTshort	0.0000%	8h	259.81	+0.031%	$203K	$211K	20x
OKX AMZN-USDT-SWAP	0.0000%	8h	259.83	+0.039%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.65	−0.031%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.93	+0.077%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.81	+0.029%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.83	+0.040%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.64	−0.035%	$29K	$176K	10x	as long as short
Binance AMZNUSDT	+0.0006%	8h	259.89	+0.062%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0008%	1h	259.83	+0.037%	$502K	$3.1M	10x	as long as short
Coinbase International AMZN-PERP-INTXlong	+0.0024%	1h	259.73	long leg	$911K	$2.3M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMZN-USDT	+0.0025%	8h	259.79	+0.023%	$177K	$206K	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.87	+0.054%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.70	−0.012%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.78	+0.019%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.76	+0.012%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.76	+0.012%	$30.0M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.67	−0.023%	$321K	$291K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.79	+0.023%	$682	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.50	−0.089%	$1.3M	$1.2M	10x	as long as short
Hotstuff AMZN-PERP	+0.0088%	1h	259.72	−0.004%	$33K	—	20x	as long as short
Bybit AMZNUSDT	+0.0091%	8h	259.89	+0.062%	$3.7M	$3.2M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.75	+0.008%	$1.5M	$454K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.66	−0.027%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.78	+0.019%	$1K	$320	10x	as long as short
Lighter AMZN	+0.0104%	1h	259.86	+0.049%	$750K	$1.3M	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.75	+0.009%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0124%	1h	259.73	−0.001%	$415K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.53	−0.077%	$75K	$27K	30x	as long as short
edgeX AMZNUSDC	+0.0243%	4h	259.73	+0.001%	$28K	$250K	10x	as long as short
Phoenix AMZN	+0.0308%	1h	259.82	+0.035%	$5K	$78K	20x	as long as short