Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.060%

Price spread now: Bybit against tradeXYZ+0.062%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$390.385% of the position

Long on tradeXYZ Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 7 days−0.029%−$3 · spread now +0.062%, 7d avg +0.094%

Together, before fees−0.004%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.032% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.094%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.025% in total) that is about 9.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AMZN	259.71	0.0050	pay 0.0006% / 1h	21m 40s	$29.9M	$11.5M	20x
Short	Bybit AMZNUSDT	259.87	0.0112	get 0.0112% / 8h	5h 21m	$3.8M	$3.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against tradeXYZ. 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 tradeXYZbpFee BybitbpOrdersPrice spread, now +0.062%Rate

Funding earned: $13.07
Price spread: +0.062% → +0.094%: −$3.25
Slippage, 4 orders: −$9.5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$28.68
Costs to cover: 0.385%
Break-even: 22.4 days

Slippage from tradeXYZ: live order book, 6 min ago; Bybit: live order book, 6 min ago.

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 tradeXYZ live order book, 6 min ago	0.19 bp	10.1 bp −$10	14.8 bp −$148	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	2.31 bp	11.0 bp −$11	19.6 bp −$196	doesn't fit	doesn't fit

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
Hotstuff AMZN-PERP	−0.0008%	1h	259.68	−0.012%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.73	+0.008%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.60	−0.042%	$764K	$2.7M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.83	+0.048%	$15K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.70	−0.004%	$28K	$174K	10x	as long as short
Bitget AMZNUSDT	+0.0014%	8h	259.89	+0.069%	$4.8M	$3.9M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.83	+0.046%	$724K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0033%	1h	259.76	+0.019%	$1.4M	$3.9M	10x	as long as short
Nado AMZN-PERP	+0.0039%	1h	259.71	0.000%	$415K	$118K	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.70	−0.004%	$924K	$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	259.73	+0.008%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.71	0.000%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZNlong	+0.0050%	1h	259.71	long leg	$29.9M	$11.5M	20x
Polymarket Perps AMZN-USD	+0.0050%	1h	259.65	−0.023%	$318K	$288K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.78	+0.027%	$639	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.66	−0.019%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0053%	8h	259.87	+0.062%	$2.9M	$4.5M	20x	as long as short
Lighter AMZN	+0.0072%	1h	259.82	+0.042%	$824K	$1.1M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.64	−0.027%	$1.5M	$557K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.70	−0.004%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.79	+0.031%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.75	+0.014%	$14K	$510	10x	as long as short
Bybit AMZNUSDTshort	+0.0112%	8h	259.87	+0.062%	$3.8M	$3.2M	100x
Variational Omni AMZN	+0.0148%	8h	259.85	+0.052%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0155%	8h	259.84	+0.050%	$16.1M	$29.5M	20x	as long as short
Extended AMZN_24_5-USD	+0.0160%	1h	259.77	+0.024%	$499K	$2.7M	10x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.50	−0.081%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0247%	1h	259.83	+0.046%	$5K	$77K	20x	as long as short
BloFin AMZN-USDT	+0.0277%	8h	259.79	+0.031%	$180K	$215K	20x	as long as short
edgeX AMZNUSDC	+0.0477%	4h	259.82	+0.042%	$28K	$248K	10x	as long as short