Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.043%

Price spread now: Aster against Injective+0.069%47s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.302%−$30 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.069% dearer against Injective than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 47 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	Injective AMZN/USDC PERP	259.51	0.0220	pay 0.0028% / 1h	46m 25s	$75K	$27K	30x
Short	Aster AMZNUSDT	259.69	0	get 0.0000% / 8h	2h 46m	$203K	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$46.2
Price spread: +0.069% → 0.000%: $6.94
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$47.28
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Aster: live order book, 65 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 65 min ago	3.27 bp	37.7 bp −$38	doesn't fit	doesn't fit	doesn't fit

Injective: 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 AMZNUSDTshort	0.0000%	8h	259.69	+0.069%	$203K	$211K	20x
OKX AMZN-USDT-SWAP	0.0000%	8h	259.77	+0.100%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.55	+0.015%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.82	+0.119%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.79	+0.106%	$10K	$1.9M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.52	+0.004%	$28K	$175K	10x	as long as short
Variational Omni AMZN	+0.0009%	8h	259.77	+0.102%	$1.8M	$1.1M	—	as long as short
QFEX AMZN-USD	+0.0020%	1h	259.66	+0.058%	$1.4M	$3.7M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.64	+0.050%	$917K	$2.4M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.73	+0.085%	$725K	$1.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AMZN_24_5-USD	+0.0032%	1h	259.65	+0.054%	$501K	$3.1M	10x	as long as short
Binance AMZNUSDT	+0.0036%	8h	259.72	+0.081%	$16.0M	$29.8M	20x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.63	+0.046%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.57	+0.023%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.63	+0.046%	$317K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.67	+0.062%	$680	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.50	−0.004%	$1.3M	$1.2M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.59	+0.031%	$1.5M	$478K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.56	+0.019%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.66	+0.058%	$1K	$320	10x	as long as short
Nado AMZN-PERP	+0.0101%	1h	259.54	+0.013%	$414K	$112K	20x	as long as short
Bybit AMZNUSDT	+0.0103%	8h	259.81	+0.116%	$3.7M	$3.2M	100x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.62	+0.042%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0120%	1h	259.65	+0.054%	$33K	—	20x	as long as short
BloFin AMZN-USDT	+0.0143%	8h	259.73	+0.085%	$179K	$205K	20x	as long as short
Lighter AMZN	+0.0144%	1h	259.70	+0.074%	$748K	$1.3M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0220%	1h	259.70	+0.073%	$29.9M	$11.3M	20x	as long as short
Injective AMZN/USDC PERPlong	+0.0220%	1h	259.51	long leg	$75K	$27K	30x
Phoenix AMZN	+0.0246%	1h	259.78	+0.104%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0640%	4h	259.70	+0.073%	$28K	$249K	10x	as long as short