Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0301%/8h= +33.0% APRpaid last 24h +0.198%

Price spread now: edgeX against Orderly+0.029%71s7-day average — · you sell dearer than you buy

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.029% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 71 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	Orderly PERP_AMZN_USDC_mythos	259.84	0.0100	pay 0.0100% / 8h	3h 05m	$1K	$320	10x
Short	edgeX AMZNUSDC	259.91	0.0401	get 0.0201% / 4h	3h 05m	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $63.25
Price spread: +0.029% → 0.000%: $2.87
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $51.12
Costs to cover: 0.150%
Break-even: 1.3 days

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 47 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 47 min ago	5.39 bp	10.3 bp −$10	14.8 bp −$148	doesn't fit	doesn't fit

Orderly: 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 AMZNUSDT	0.0000%	8h	259.84	+0.001%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.95	+0.042%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.70	−0.054%	$764K	$2.8M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.95	+0.042%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.97	+0.050%	$11K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.69	−0.058%	$28K	$175K	10x	as long as short
Variational Omni AMZN	+0.0029%	8h	259.93	+0.033%	$1.8M	$1.1M	—	as long as short
Lighter RH AMZN	+0.0032%	1h	259.84	0.000%	$724K	$1.6M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.79	−0.019%	$1.4M	$3.7M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.92	+0.031%	$918K	$2.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.81	−0.012%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.83	−0.004%	—	$104K	25x	as long as short
Nado AMZN-PERP	+0.0047%	1h	259.82	−0.007%	$414K	$112K	20x	as long as short
Hotstuff AMZN-PERP	+0.0048%	1h	259.77	−0.027%	$33K	—	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.78	−0.023%	$318K	$282K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.86	+0.008%	$684	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.62	−0.085%	$1.3M	$1.2M	10x	as long as short
Binance AMZNUSDT	+0.0054%	8h	259.87	+0.011%	$16.0M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0056%	1h	259.80	−0.015%	$501K	$3.1M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0057%	1h	259.79	−0.019%	$29.9M	$11.3M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.66	−0.069%	$1.5M	$495K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.81	−0.012%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythoslong	+0.0100%	8h	259.84	long leg	$1K	$320	10x
Aevo AMZN-PERP	+0.0104%	1h	259.81	−0.013%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0112%	1h	259.86	+0.007%	$798K	$1.1M	20x	as long as short
Bybit AMZNUSDT	+0.0125%	8h	259.94	+0.038%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0176%	8h	259.93	+0.035%	$178K	$206K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.60	−0.092%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	260.01	+0.065%	$5K	$78K	20x	as long as short
edgeX AMZNUSDCshort	+0.0401%	4h	259.91	+0.029%	$28K	$248K	10x