Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.017%

Price spread now: Coinbase International against Aster−0.027%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1021.015% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.213%+$21 on $10k

Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.027%, 7d avg −0.108%

Together, before fees+0.204%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.081% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AMZNUSDT	258.92	0	get 0.0000% / 8h	40m 13s	$202K	$211K	20x
Short	Coinbase International AMZN-PERP-INTX	258.85	0.0064	get 0.0008% / 1h	40m 13s	$939K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.027%Rate

Funding earned: $13.44
Price spread: −0.027% → −0.108%: $8.14
Slippage, 4 orders: −$83.51
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$79.93
Costs to cover: 1.015%
Break-even: 48.6 days

Slippage from Aster: live order book, 36 min ago; Coinbase International: live order book, 4 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 Aster live order book, 36 min ago	3.86 bp	43.3 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	1.35 bp	8.0 bp −$8	11.9 bp −$119	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
Aster AMZNUSDTlong	0.0000%	8h	258.92	long leg	$202K	$211K	20x
Gate AMZN_USDT	0.0000%	8h	258.98	+0.023%	$764K	$2.6M	100x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.91	−0.004%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.02	+0.039%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.05	+0.050%	$631	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.79	−0.050%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.11	+0.073%	$1.4M	$4.5M	10x	as long as short
Lighter RH AMZN	+0.0056%	1h	259.12	+0.077%	$717K	$1.6M	10x	as long as short
Coinbase International AMZN-PERP-INTXshort	+0.0064%	1h	258.85	−0.027%	$939K	$2.7M	10x
KuCoin AMZNUSDTM	+0.0100%	8h	258.85	−0.027%	$1.5M	$630K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni AMZNUSDT	+0.0100%	1h	258.80	−0.046%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.10	+0.070%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.10	+0.069%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0112%	1h	259.01	+0.035%	$33K	—	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0130%	8h	259.15	+0.089%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0143%	8h	259.11	+0.073%	$7K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0175%	1h	258.98	+0.023%	$27K	$177K	10x	as long as short
tradeXYZ xyz:AMZN	+0.0203%	1h	258.99	+0.027%	$28.4M	$11.0M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.86	−0.023%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0221%	8h	259.17	+0.095%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USD	+0.0232%	1h	259.14	+0.083%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0234%	8h	259.18	+0.100%	$16.1M	$31.2M	20x	as long as short
Nado AMZN-PERP	+0.0253%	1h	258.85	−0.028%	$414K	$122K	20x	as long as short
Arcus AMZN-USD	+0.0274%	1h	258.89	−0.012%	$196K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0284%	8h	259.17	+0.097%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.06	+0.054%	$5K	$98K	20x	as long as short
Bybit AMZNUSDT	+0.0339%	8h	259.15	+0.089%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0353%	8h	259.15	+0.089%	$177K	$187K	20x	as long as short
Lighter AMZN	+0.0368%	1h	259.18	+0.100%	$834K	$1.1M	20x	as long as short
edgeX AMZNUSDC	+0.0848%	4h	259.09	+0.067%	$28K	$248K	10x	as long as short