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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0227%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.046%
Price spread now: Phoenix against SoDEX+0.042%70s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.042% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AMZN-USD259.860.0050pay 0.0006% / 1h3m 35s$683$5K10x
ShortPhoenix AMZN259.970.0277get 0.0035% / 1h3m 35s$5K$78K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against SoDEX. 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
$47.68
Price spread: +0.042% → 0.000%
$4.23
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$36.92
Costs to cover
0.150%
Break-even
1.6 days
Slippage unknown: SoDEX: no order-book sample; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Phoenix no order-book sample
SoDEX and 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 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
Hotstuff AMZN-PERP−0.0016%1h259.82−0.015%$33K20xas long as short
Aster AMZNUSDT0.0000%8h260.03+0.066%$203K$208K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.94+0.031%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.78−0.031%$766K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h259.97+0.042%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.97+0.042%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.76−0.038%$29K$173K10xas long as short
Variational Omni AMZN+0.0002%8h259.96+0.040%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0032%8h259.94+0.031%$16.0M$29.5M20xas long as short
Lighter RH AMZN+0.0032%1h259.93+0.027%$728K$1.6M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AMZN_24_5-USD+0.0032%1h259.88+0.007%$498K$3.0M10xas long as short
Arcus AMZN-USD+0.0040%1h259.81−0.019%$197K$233K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.76−0.038%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.80−0.023%$321K$287K10xas long as short
SoDEX AMZN-USDlong+0.0050%1h259.86long leg$683$5K10x
Ondo Perps AMZN-USD.P+0.0050%1h259.71−0.058%$1.3M$1.1M10xas long as short
QFEX AMZN-USD+0.0050%1h259.87+0.004%$1.4M$3.6M10xas long as short
tradeXYZ xyz:AMZN+0.0053%1h259.83−0.012%$30.0M$11.2M20xas long as short
Coinbase International AMZN-PERP-INTX+0.0064%1h259.88+0.008%$916K$2.3M10xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.76−0.038%$1.5M$392K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.71−0.058%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.91+0.019%$1K$33110xas long as short
Aevo AMZN-PERP+0.0104%1h259.86+0.002%$14K$51010xas long as short
BloFin AMZN-USDT+0.0117%8h259.95+0.035%$178K$301K20xas long as short
Nado AMZN-PERP+0.0127%1h259.75−0.041%$414K$114K20xas long as short
Lighter AMZN+0.0168%1h259.91+0.018%$749K$1.3M20xas long as short
Bybit AMZNUSDT+0.0192%8h260.05+0.073%$4.0M$3.3M100xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.30−0.216%$75K$27K30xas long as short
Phoenix AMZNshort+0.0277%1h259.97+0.042%$5K$78K20x
edgeX AMZNUSDC+0.0342%4h259.93+0.028%$28K$249K10xas long as short