Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0103%/8h= −11.2% APRpaid last 24h −0.001%

Price spread now: OKX against Nado+0.014%49s7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.408% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.014%, 7d avg +0.038%

Together, before fees+0.150%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.023% cheaper against Nado than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.038%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.090%, so the current rate has only just turned against you. The two prices were read 49 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	Nado AMZN-PERP	259.82	0.0119	pay 0.0015% / 1h	37m 40s	$414K	$112K	20x
Short	OKX AMZN-USDT-SWAP	259.86	0.0017	get 0.0017% / 8h	3h 37m	$2.9M	$4.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Nado. 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 NadobpFee OKXbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$21.55
Price spread: +0.014% → +0.038%: −$2.32
Slippage, 4 orders: −$23.76
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.64
Costs to cover: 0.408%
Break-even: never at this rate

Slippage from Nado: live order book, 15 min ago; OKX: live order book, 5 min ago.

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 Nado live order book, 15 min ago	1.15 bp	11.5 bp −$12	89.7 bp −$897	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.19 bp	8.4 bp −$8	14.8 bp −$148	doesn't fit	doesn't fit

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	259.78	−0.016%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.73	−0.036%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.90	+0.030%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.88	+0.022%	$14K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.72	−0.040%	$28K	$175K	10x	as long as short
OKX AMZN-USDT-SWAPshort	+0.0017%	8h	259.86	+0.014%	$2.9M	$4.7M	20x
Lighter RH AMZN	+0.0032%	1h	259.90	+0.030%	$721K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.79	−0.013%	$1.4M	$3.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.63	−0.074%	$917K	$2.4M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.75	−0.028%	$197K	$240K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMZN-USD-PERP	+0.0046%	1h	259.80	−0.009%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.78	−0.016%	$323K	$277K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.81	−0.005%	$671	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.71	−0.043%	$1.3M	$1.2M	10x	as long as short
Variational Omni AMZN	+0.0090%	8h	259.89	+0.028%	$1.8M	$1.1M	—	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.67	−0.059%	$1.5M	$505K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.67	−0.059%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.84	+0.007%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.79	−0.013%	$14K	$510	10x	as long as short
Binance AMZNUSDT	+0.0106%	8h	259.84	+0.006%	$16.0M	$29.7M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0107%	1h	259.79	−0.013%	$29.8M	$11.2M	20x	as long as short
Extended AMZN_24_5-USD	+0.0112%	1h	259.77	−0.020%	$502K	$2.7M	10x	as long as short
Nado AMZN-PERPlong	+0.0119%	1h	259.82	long leg	$414K	$112K	20x
Bybit AMZNUSDT	+0.0184%	8h	259.95	+0.049%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0184%	1h	259.87	+0.019%	$803K	$1.0M	20x	as long as short
Hotstuff AMZN-PERP	+0.0184%	1h	259.80	−0.009%	$33K	—	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.62	−0.078%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0230%	8h	259.79	−0.013%	$178K	$205K	20x	as long as short
Phoenix AMZN	+0.0277%	1h	259.90	+0.030%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0374%	4h	259.86	+0.015%	$28K	$248K	10x	as long as short