Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.163%

Price spread now: edgeX against Phoenix−0.058%7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.369%−$37 on $10k

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

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

Funding pays, the price is against you. edgeX is 0.058% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 23 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.369%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AMZN	260.18	0.0276	pay 0.0035% / 1h	54m 44s	$5K	$95K	20x
Short	edgeX AMZNUSDC	260.03	0.0478	get 0.0239% / 4h	54m 44s	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Phoenix. 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 PhoenixbpFee edgeXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $42.41
Price spread: −0.058% → 0.000%: −$5.8
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $20.61
Costs to cover: 0.160%
Break-even: 3.6 days

Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 51 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 Phoenix no order-book sample	—	—	—	—	—
Sell edgeX live order book, 51 min ago	5.39 bp	10.2 bp −$10	14.5 bp −$145	doesn't fit	doesn't fit

Phoenix: 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 exchanges

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
Hotstuff AMZN-PERP	−0.0032%	1h	259.98	−0.077%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	260.05	−0.050%	$204K	$209K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.90	−0.108%	$827K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0019%	1h	259.90	−0.108%	$37K	$135K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.99	−0.073%	$711K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0041%	1h	259.99	−0.073%	$1.4M	$3.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.89	−0.111%	—	$104K	25x	as long as short
Bitget AMZNUSDT	+0.0047%	8h	260.06	−0.046%	$5.0M	$5.0M	100x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0048%	1h	260.03	−0.058%	$930K	$2.5M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.89	−0.111%	$30.2M	$11.6M	20x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMZN-USD	+0.0050%	1h	259.91	−0.104%	$317K	$293K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.97	−0.081%	$712	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.71	−0.181%	$1.3M	$1.0M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0088%	8h	260.14	−0.015%	$2.9M	$4.9M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.92	−0.100%	$1.5M	$535K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.82	−0.138%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.23	+0.019%	$1K	$1K	10x	as long as short
Lighter AMZN	+0.0104%	1h	260.00	−0.071%	$726K	$1.2M	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.96	−0.083%	$14K	$510	10x	as long as short
Arcus AMZN-USD	+0.0105%	1h	259.84	−0.131%	$197K	$207K	10x	as long as short
Nado AMZN-PERP	+0.0161%	1h	259.92	−0.101%	$404K	$115K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.08	−0.038%	$76K	$23K	30x	as long as short
Phoenix AMZNlong	+0.0276%	1h	260.18	long leg	$5K	$95K	20x
Variational Omni AMZN	+0.0298%	8h	260.07	−0.040%	$1.8M	$1.0M	—	as long as short
Binance AMZNUSDT	+0.0318%	8h	260.07	−0.042%	$16.5M	$32.4M	20x	as long as short
Extended AMZN_24_5-USD	+0.0320%	1h	259.97	−0.079%	$494K	$4.0M	10x	as long as short
Bybit AMZNUSDT	+0.0398%	8h	260.13	−0.019%	$4.3M	$3.7M	100x	as long as short
BloFin AMZN-USDT	+0.0441%	8h	260.20	+0.008%	$184K	$318K	20x	as long as short
edgeX AMZNUSDCshort	+0.0478%	4h	260.03	−0.058%	$28K	$248K	10x
GRVT AMZN_USDT_Perp	+0.0498%	8h	260.08	−0.038%	$17K	$1.8M	10x	as long as short