Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.084%

Price spread now: Hotstuff against OKX−0.054%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.054% cheaper against OKX than usual: you would sell low and buy high (spread −0.054% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMZN-USDT-SWAP	259.79	0.0038	pay 0.0038% / 8h	4h 09m	$2.9M	$4.7M	20x
Short	Hotstuff AMZN-PERP	259.65	0.0080	get 0.0010% / 1h	9m 13s	$33K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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

Position, each leg$Hold fordaysFee OKXbpFee HotstuffbpOrdersPrice spread, now −0.054%Rate

Funding earned: $8.77
Price spread: −0.054% → 0.000%: −$5.39
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$11.62
Costs to cover: 0.150%
Break-even: 16.3 days

Slippage unknown: OKX: live order book, 3 min ago; Hotstuff: 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 OKX live order book, 3 min ago	0.19 bp	7.6 bp −$8	15.2 bp −$152	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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
Deribit AMZN_USDC-PERPETUAL	−0.0020%	1h	259.46	−0.127%	$28K	$174K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.59	−0.077%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.56	−0.089%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.78	−0.004%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.74	−0.021%	$10K	$1.8M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.71	−0.031%	$720K	$1.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	−0.073%	$917K	$2.4M	10x	as long as short
OKX AMZN-USDT-SWAPlong	+0.0038%	8h	259.79	long leg	$2.9M	$4.7M	20x
QFEX AMZN-USD	+0.0040%	1h	259.66	−0.050%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.61	−0.069%	$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	259.59	−0.077%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.54	−0.096%	$322K	$277K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.67	−0.046%	$662	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.52	−0.104%	$1.3M	$1.2M	10x	as long as short
Hotstuff AMZN-PERPshort	+0.0080%	1h	259.65	−0.054%	$33K	—	20x
KuCoin AMZNUSDTM	+0.0100%	8h	259.62	−0.065%	$1.5M	$506K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.53	−0.100%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.66	−0.050%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.61	−0.069%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0108%	8h	259.73	−0.025%	$1.8M	$1.1M	—	as long as short
edgeX AMZNUSDC	+0.0118%	4h	259.68	−0.043%	$28K	$248K	10x	as long as short
tradeXYZ xyz:AMZN	+0.0123%	1h	259.64	−0.058%	$29.8M	$11.0M	20x	as long as short
Binance AMZNUSDT	+0.0125%	8h	259.69	−0.038%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0128%	1h	259.62	−0.066%	$498K	$2.7M	10x	as long as short
Bybit AMZNUSDT	+0.0138%	8h	259.84	+0.019%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0139%	1h	259.57	−0.084%	$415K	$112K	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.77	−0.008%	$5K	$77K	20x	as long as short
Lighter AMZN	+0.0208%	1h	259.70	−0.034%	$808K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.43	−0.139%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0245%	8h	259.70	−0.035%	$179K	$204K	20x	as long as short