Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Ondo Perps against Polymarket Perps−0.142%7-day average −0.024% · you buy dearer than you sell

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

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.142%, 7d avg −0.024%

Together, before fees+0.122%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.119% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AMZN-USD	259.82	0.0050	pay 0.0006% / 1h	43m 08s	$322K	$286K	10x
Short	Ondo Perps AMZN-USD.P	259.45	0.0050	get 0.0006% / 1h	43m 08s	$1.3M	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Polymarket PerpsbpFee Ondo PerpsbpOrdersPrice spread, now −0.142%Rate

Funding earned: $0.08
Price spread: −0.142% → −0.024%: −$11.89
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$24.8
Costs to cover: 0.130%
Break-even: 2073.8 days

Slippage unknown: Polymarket Perps: live order book, 2 min ago; Ondo Perps: 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 Polymarket Perps live order book, 2 min ago	2.12 bp	6.1 bp −$6	6.4 bp −$64	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.1600%	1h	259.56	−0.100%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.85	+0.011%	$204K	$209K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.75	−0.027%	$826K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.92	+0.038%	$5.0M	$5.0M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.80	−0.008%	$37K	$145K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.91	+0.035%	$710K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.74	−0.031%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.77	−0.019%	$30.1M	$11.6M	20x	as long as short
Polymarket Perps AMZN-USDlong	+0.0050%	1h	259.82	long leg	$322K	$286K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.88	+0.023%	$698	$5K	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.Pshort	+0.0050%	1h	259.45	−0.142%	$1.3M	$1.0M	10x
OKX AMZN-USDT-SWAP	+0.0059%	8h	260.01	+0.073%	$2.9M	$4.9M	20x	as long as short
QFEX AMZN-USD	+0.0061%	1h	259.88	+0.023%	$1.4M	$3.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0080%	1h	259.45	−0.142%	$947K	$2.5M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.79	−0.012%	$1.5M	$491K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.45	−0.142%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.90	+0.031%	$1K	$877	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.85	+0.012%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0171%	8h	259.71	−0.040%	$1.8M	$1.0M	—	as long as short
Lighter AMZN	+0.0200%	1h	259.92	+0.040%	$730K	$1.3M	20x	as long as short
Extended AMZN_24_5-USD	+0.0200%	1h	259.89	+0.028%	$503K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0204%	8h	259.98	+0.062%	$16.5M	$32.2M	20x	as long as short
Nado AMZN-PERP	+0.0208%	1h	259.82	+0.001%	$404K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.23	+0.158%	$76K	$23K	30x	as long as short
Arcus AMZN-USD	+0.0246%	1h	259.83	+0.004%	$197K	$205K	10x	as long as short
Phoenix AMZN	+0.0276%	1h	259.92	+0.038%	$5K	$84K	20x	as long as short
BloFin AMZN-USDT	+0.0320%	8h	259.98	+0.062%	$183K	$303K	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0374%	8h	259.74	−0.030%	$9K	$1.8M	10x	as long as short
Bybit AMZNUSDT	+0.0425%	8h	260.00	+0.069%	$4.3M	$3.6M	100x	as long as short
edgeX AMZNUSDC	+0.0893%	4h	259.67	−0.059%	$28K	$250K	10x	as long as short