Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0210%/8h= −23.0% APRpaid last 24h −0.213%

Price spread now: Ondo Perps against edgeX−0.088%54s7-day average −0.083% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.088%, 7d avg −0.083%

Together, before fees+0.211%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.214%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AMZNUSDC	260.04	0.0261	pay 0.0130% / 4h	2h 10m	$28K	$248K	10x
Short	Ondo Perps AMZN-USD.P	259.81	0.0050	get 0.0006% / 1h	10m 33s	$1.3M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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 edgeXbpFee Ondo PerpsbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$44.18
Price spread: −0.088% → −0.083%: −$0.48
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$58.66
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 37 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 37 min ago	5.39 bp	10.2 bp −$10	14.8 bp −$148	doesn't fit	doesn'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 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 AMZNUSDT	0.0000%	8h	260.01	−0.010%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.14	+0.039%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.94	−0.038%	$767K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.12	+0.031%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	260.14	+0.041%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.03	−0.003%	$10K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0015%	8h	260.13	+0.035%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	260.06	+0.006%	$499K	$3.1M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0019%	1h	259.90	−0.054%	$28K	$176K	10x	as long as short
QFEX AMZN-USD	+0.0020%	1h	260.04	0.000%	$1.4M	$3.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	−0.119%	$914K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	260.07	+0.012%	$726K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.95	−0.034%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.89	−0.057%	—	$104K	25x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	259.96	−0.031%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.93	−0.042%	$321K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.05	+0.004%	$668	$5K	10x	as long as short
Ondo Perps AMZN-USD.Pshort	+0.0050%	1h	259.81	−0.088%	$1.3M	$1.2M	10x
BloFin AMZN-USDT	+0.0057%	8h	260.01	−0.011%	$177K	$205K	20x	as long as short
Nado AMZN-PERP	+0.0093%	1h	259.88	−0.062%	$414K	$113K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.81	−0.088%	$1.5M	$463K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.85	−0.073%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.04	0.000%	$1K	$320	10x	as long as short
Bybit AMZNUSDT	+0.0101%	8h	260.15	+0.043%	$3.7M	$3.2M	100x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	260.00	−0.014%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0128%	1h	260.06	+0.006%	$747K	$1.3M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0138%	1h	259.97	−0.027%	$30.0M	$11.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.19	+0.058%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	260.04	0.000%	$5K	$78K	20x	as long as short
edgeX AMZNUSDClong	+0.0261%	4h	260.04	long leg	$28K	$248K	10x