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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.064%
Price spread now: Bybit against Deribit+0.092%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.384% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.092%, 7d avg +0.066%
Together, before fees−0.144%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.026% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AMZN_USDC-PERPETUAL259.580.0020pay 0.0002% / 1h37m 40s$28K$174K10x
ShortBybit AMZNUSDT259.820.0144get 0.0144% / 8h4h 37m$3.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Deribit. 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
$26.02
Price spread: +0.092% → +0.066%
$2.61
Slippage, 4 orders
−$20.44
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$9.81
Costs to cover
0.384%
Break-even
9.6 days
Slippage from Deribit: live order book, 21 min ago; Bybit: live order book, 5 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 Deribit live order book, 21 min ago0.19 bp9.8 bp −$1011.5 bp −$115doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.54 bp12.7 bp −$1322.5 bp −$225doesn't fitdoesn'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
Aster AMZNUSDT0.0000%8h259.53−0.019%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.57−0.004%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.81+0.089%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.78+0.077%$16K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUALlong+0.0020%1h259.58long leg$28K$174K10x
Coinbase International AMZN-PERP-INTX+0.0032%1h259.55−0.012%$918K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.69+0.042%$1.4M$3.8M10xas long as short
Arcus AMZN-USD+0.0040%1h259.63+0.019%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.52−0.023%$104K25xas long as short
Lighter RH AMZN+0.0048%1h259.76+0.069%$723K$1.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USD+0.0050%1h259.62+0.015%$321K$275K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.68+0.039%$658$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.46−0.046%$1.3M$1.2M10xas long as short
OKX AMZN-USDT-SWAP+0.0062%8h259.77+0.073%$2.9M$4.6M20xas long as short
Hotstuff AMZN-PERP+0.0072%1h259.61+0.012%$33K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.57−0.004%$1.5M$531K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.51−0.027%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.74+0.062%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.65+0.028%$14K$51010xas long as short
Variational Omni AMZN+0.0133%8h259.77+0.075%$1.8M$1.1Mas long as short
Bybit AMZNUSDTshort+0.0144%8h259.82+0.092%$3.7M$3.2M100x
Binance AMZNUSDT+0.0150%8h259.73+0.059%$16.1M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0152%1h259.67+0.035%$499K$2.7M10xas long as short
tradeXYZ xyz:AMZN+0.0170%1h259.64+0.023%$29.9M$11.0M20xas long as short
Phoenix AMZN+0.0185%1h259.75+0.065%$5K$77K20xas long as short
Nado AMZN-PERP+0.0193%1h259.54−0.015%$415K$118K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.45−0.050%$75K$27K30xas long as short
BloFin AMZN-USDT+0.0270%8h259.77+0.073%$179K$204K20xas long as short
edgeX AMZNUSDC+0.0276%4h259.73+0.056%$28K$247K10xas long as short
Lighter AMZN+0.0280%1h259.74+0.060%$811K$1.1M20xas long as short