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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against Gate+0.008%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.008%, 7d avg −0.026%
Together, before fees+0.100%+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AMZN_USDT259.720get 0.0000% / 8h3h 43m$763K$2.7M100x
ShortPolymarket Perps AMZN-USD259.740.0050get 0.0006% / 1h43m 09s$323K$277K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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
$10.5
Price spread: +0.008% → −0.026%
$3.41
Slippage, 4 orders
−$14.55
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$23.65
Costs to cover
0.376%
Break-even
22.8 days
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: 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 Gate live order book, 5 min ago2.50 bp13.8 bp −$1445.8 bp −$458doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 9 min ago1.73 bp5.7 bp −$66.8 bp −$688.1 bp −$805doesn'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%8h259.71−0.004%$203K$211K20xas long as short
Gate AMZN_USDTlong0.0000%8h259.72long leg$763K$2.7M100x
Bitget AMZNUSDT0.0000%8h259.93+0.081%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.86+0.054%$14K$1.8M10xas long as short
Hotstuff AMZN-PERP+0.0016%1h259.77+0.019%$33K20xas long as short
OKX AMZN-USDT-SWAP+0.0023%8h259.89+0.065%$2.9M$4.7M20xas long as short
Lighter RH AMZN+0.0032%1h259.92+0.077%$720K$1.5M10xas long as short
QFEX AMZN-USD+0.0040%1h259.86+0.054%$1.4M$3.8M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0040%1h259.63−0.035%$917K$2.4M10xas long as short
Arcus AMZN-USD+0.0040%1h259.71−0.004%$197K$240K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMZN-USD-PERP+0.0046%1h259.71−0.004%$104K25xas long as short
Polymarket Perps AMZN-USDshort+0.0050%1h259.74+0.008%$323K$277K10x
SoDEX AMZN-USD+0.0050%1h259.86+0.054%$665$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.65−0.027%$1.3M$1.2M10xas long as short
Deribit AMZN_USDC-PERPETUAL+0.0058%1h259.75+0.012%$28K$175K10xas long as short
Variational Omni AMZN+0.0088%8h259.87+0.058%$1.8M$1.1Mas long as short
KuCoin AMZNUSDTM+0.0100%8h259.65−0.027%$1.5M$504K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.63−0.035%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.87+0.058%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.83+0.041%$14K$51010xas long as short
Binance AMZNUSDT+0.0111%8h259.93+0.081%$16.1M$29.7M20xas long as short
Extended AMZN_24_5-USD+0.0112%1h259.86+0.053%$498K$2.7M10xas long as short
tradeXYZ xyz:AMZN+0.0125%1h259.82+0.039%$29.8M$11.2M20xas long as short
Nado AMZN-PERP+0.0131%1h259.72+0.001%$414K$112K20xas long as short
Bybit AMZNUSDT+0.0183%8h260.06+0.131%$3.7M$3.2M100xas long as short
Lighter AMZN+0.0200%1h259.90+0.070%$804K$1.0M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.11−0.235%$75K$27K30xas long as short
BloFin AMZN-USDT+0.0231%8h259.79+0.027%$178K$204K20xas long as short
Phoenix AMZN+0.0277%1h259.80+0.031%$5K$78K20xas long as short
edgeX AMZNUSDC+0.0749%4h259.73+0.003%$28K$249K10xas long as short