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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h −0.016%
Price spread now: Coinbase International against OKX−0.112%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.112%, 7d avg −0.114%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.114%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AMZN-USDT-SWAP259.650.0081pay 0.0081% / 8h5h 49m$2.9M$4.5M20x
ShortCoinbase International AMZN-PERP-INTX259.360.0040get 0.0005% / 1h49m 50s$936K$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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
−$8.58
Price spread: −0.112% → −0.114%
$0.28
Slippage, 4 orders
−$10.59
Fee OKX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$38.89
Costs to cover
0.306%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Coinbase International: live order book, 4 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 OKX live order book, 3 min ago0.38 bp9.8 bp −$1016.6 bp −$166doesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago0.19 bp5.2 bp −$59.8 bp −$98doesn't fitdoesn't fit

AMZN on 29 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
Deribit AMZN_USDC-PERPETUAL−0.0367%1h259.28−0.142%$28K$174K10xas long as short
Aster AMZNUSDT0.0000%8h259.52−0.052%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.34−0.119%$762K$2.7M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.53−0.046%$10K$1.8M10xas long as short
Bitget AMZNUSDT+0.0023%8h259.59−0.023%$4.8M$3.8M100xas long as short
Lighter RH AMZN+0.0032%1h259.650.000%$718K$1.5M10xas long as short
QFEX AMZN-USD+0.0033%1h259.50−0.058%$1.4M$4.1M10xas long as short
Hotstuff AMZN-PERP+0.0040%1h259.48−0.065%$33K20xas long as short
Coinbase International AMZN-PERP-INTXshort+0.0040%1h259.36−0.112%$936K$2.4M10x
Arcus AMZN-USD+0.0040%1h259.44−0.081%$197K$240K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest AMZN-USD-PERP+0.0046%1h259.47−0.069%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.54−0.042%$29.8M$11.3M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.38−0.104%$317K$288K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.51−0.054%$635$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.33−0.123%$1.3M$1.2M10xas long as short
Nado AMZN-PERP+0.0064%1h259.49−0.062%$414K$118K20xas long as short
Lighter AMZN+0.0072%1h259.63−0.008%$824K$1.1M20xas long as short
OKX AMZN-USDT-SWAPlong+0.0081%8h259.65long leg$2.9M$4.5M20x
KuCoin AMZNUSDTM+0.0100%8h259.48−0.065%$1.5M$572K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.40−0.096%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.52−0.050%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.51−0.054%$14K$51010xas long as short
Variational Omni AMZN+0.0198%8h259.60−0.021%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0203%8h259.64−0.003%$16.1M$29.8M20xas long as short
Extended AMZN_24_5-USD+0.0208%1h259.47−0.070%$498K$2.7M10xas long as short
Bybit AMZNUSDT+0.0215%8h259.76+0.042%$3.8M$3.2M100xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.31−0.131%$75K$27K30xas long as short
Phoenix AMZN+0.0247%1h259.56−0.035%$5K$77K20xas long as short
edgeX AMZNUSDC+0.0792%4h259.49−0.060%$28K$248K10xas long as short