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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC+0.0012%/8hpaid last 24h +0.012%
Price spread now: Binance against Coinbase International+0.166%53s7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 1 day (all we have)+0.022%+$2 · spread now +0.166%, 7d avg +0.119%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.046% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.119%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AMZN-PERP-INTX259.240.0048pay 0.0006% / 1h21m 27s$922K$2.5M10x
ShortBinance AMZNUSDT259.670.0060get 0.0060% / 8h4h 21m$16.1M$29.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$2.57
Price spread: +0.166% → +0.119%
$4.64
Slippage, 4 orders
−$5.99
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.78
Costs to cover
0.260%
Break-even
58.1 days
Slippage from Coinbase International: live order book, 2 min ago; Binance: live order book, 9 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 Coinbase International live order book, 2 min ago1.93 bp7.8 bp −$810.7 bp −$107doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.19 bp5.6 bp −$610.1 bp −$10133.3 bp −$3,325doesn'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
Hotstuff AMZN-PERP−0.0024%1h259.42+0.069%$33K20xas long as short
Aster AMZNUSDT0.0000%8h259.42+0.068%$192K$176K20xas long as short
Gate AMZN_USDT0.0000%8h259.41+0.066%$751K$2.5M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.45+0.081%$11K$1.5M10xas long as short
Injective AMZN/USDC PERP+0.0001%1h259.32+0.031%$75K$21K30xas long as short
Lighter RH AMZN+0.0032%1h259.59+0.135%$697K$1.6M10xas long as short
Variational Omni AMZN+0.0035%8h259.25+0.006%$1.5M$1.4Mas long as short
Vest AMZN-USD-PERP+0.0046%1h259.38+0.054%$11K25xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0048%1h259.24long leg$922K$2.5M10x
tradeXYZ xyz:AMZN+0.0050%1h259.45+0.081%$28.5M$9.8M20xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USD+0.0050%1h259.47+0.089%$306K$308K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.44+0.077%$624$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.35+0.042%$1.3M$1.2M10xas long as short
OKX AMZN-USDT-SWAP+0.0051%8h259.62+0.147%$3.0M$4.3M20xas long as short
Extended AMZN_24_5-USD+0.0056%1h259.62+0.145%$492K$2.5M10xas long as short
QFEX AMZN-USD+0.0056%1h259.57+0.127%$1.4M$4.2M10xas long as short
Binance AMZNUSDTshort+0.0060%8h259.67+0.166%$16.1M$29.9M20x
KuCoin AMZNUSDTM+0.0100%8h259.37+0.050%$1.5M$648K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.26+0.008%$93K$139K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.66+0.162%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.53+0.112%$14K$51010xas long as short
Bybit AMZNUSDT+0.0142%8h259.71+0.181%$3.7M$3.1M100xas long as short
Phoenix AMZN+0.0155%1h259.39+0.058%$5K$118K20xas long as short
Nado AMZN-PERP+0.0167%1h259.39+0.059%$418K$125K20xas long as short
BloFin AMZN-USDT+0.0179%8h259.51+0.104%$185K$182K20xas long as short
Bitget AMZNUSDT+0.0208%8h259.58+0.131%$4.7M$3.7M100xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0213%1h259.51+0.104%$27K$274K10xas long as short
Arcus AMZN-USD+0.0242%1h259.40+0.062%$197K$233K10xas long as short
Lighter AMZN+0.0248%1h259.64+0.155%$802K$1.1M20xas long as short
edgeX AMZNUSDC+0.0335%4h259.51+0.106%$28K$247K10xas long as short