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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.046%
Price spread now: Phoenix against Coinbase International+0.035%72s7-day average · you sell dearer than you buy
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+0.041%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.035% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 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-INTX260.380.0064pay 0.0008% / 1h15m 49s$923K$2.3M10x
ShortPhoenix AMZN260.470.0215get 0.0027% / 1h15m 49s$5K$84K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$31.68
Price spread: +0.035% → 0.000%
$3.46
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$18.14
Costs to cover
0.170%
Break-even
3.0 days
Slippage unknown: Coinbase International: live order book, 1 min ago; Phoenix: 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 Coinbase International live order book, 1 min ago2.11 bp8.1 bp −$810.8 bp −$108doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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%8h260.48+0.038%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h260.41+0.012%$779K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.61+0.088%$4.9M$4.2M100xas long as short
OKX AMZN-USDT-SWAP+0.0008%8h260.68+0.115%$2.9M$4.7M20xas long as short
Hotstuff AMZN-PERP+0.0016%1h260.35−0.012%$33K20xas long as short
Lighter RH AMZN+0.0032%1h260.54+0.061%$717K$1.6M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h260.39+0.004%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h260.41+0.012%$323K$283K10xas long as short
SoDEX AMZN-USD+0.0050%1h260.51+0.050%$700$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h260.18−0.077%$1.3M$1.0M10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX AMZN-USD+0.0063%1h260.47+0.035%$1.4M$3.5M10xas long as short
Coinbase International AMZN-PERP-INTXlong+0.0064%1h260.38long leg$923K$2.3M10x
KuCoin AMZNUSDTM+0.0100%8h260.42+0.015%$1.5M$467K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h260.32−0.023%$93K$140K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.60+0.084%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h260.50+0.045%$14K$51010xas long as short
tradeXYZ xyz:AMZN+0.0106%1h260.45+0.027%$30.1M$11.5M20xas long as short
Variational Omni AMZN+0.0117%8h260.61+0.086%$1.8M$1.0Mas long as short
Extended AMZN_24_5-USD+0.0136%1h260.52+0.055%$501K$3.0M10xas long as short
Binance AMZNUSDT+0.0137%8h260.59+0.082%$16.3M$30.3M20xas long as short
Arcus AMZN-USD+0.0142%1h260.37−0.004%$198K$205K10xas long as short
Phoenix AMZNshort+0.0215%1h260.47+0.035%$5K$84K20x
Injective AMZN/USDC PERP+0.0220%1h260.72+0.131%$75K$27K30xas long as short
Nado AMZN-PERP+0.0233%1h260.35−0.012%$412K$112K20xas long as short
BloFin AMZN-USDT+0.0253%8h260.62+0.092%$181K$314K20xas long as short
GRVT AMZN_USDT_Perp+0.0278%8h260.56+0.070%$12K$1.8M10xas long as short
Lighter AMZN+0.0280%1h260.58+0.076%$730K$1.3M20xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0326%1h260.49+0.042%$29K$138K10xas long as short
Bybit AMZNUSDT+0.0474%8h260.70+0.123%$4.3M$3.5M100xas long as short
edgeX AMZNUSDC+0.0629%4h260.56+0.071%$28K$249K10xas long as short