Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0460%/8h= +50.4% APRpaid last 24h +0.228%

Price spread now: edgeX against Aster+0.016%110s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1071.071% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.016%, 7d avg −0.006%

Together, before fees−0.058%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AMZNUSDT	259.73	0	get 0.0000% / 8h	51m 46s	$202K	$207K	20x
Short	edgeX AMZNUSDC	259.77	0.0460	get 0.0230% / 4h	51m 46s	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.016%Rate

Funding earned: $96.63
Price spread: +0.016% → −0.006%: $2.15
Slippage, 4 orders: −$90.13
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$8.36
Costs to cover: 1.071%
Break-even: 7.6 days

Slippage from Aster: live order book, 50 min ago; edgeX: live order book, 51 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, 50 min ago	3.27 bp	46.6 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 51 min ago	5.39 bp	10.1 bp −$10	14.6 bp −$146	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	259.73	long leg	$202K	$207K	20x
OKX AMZN-USDT-SWAP	0.0000%	8h	259.72	−0.004%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.48	−0.096%	$763K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.70	−0.012%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.88	+0.056%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.70	−0.010%	$10K	$1.8M	10x	as long as short
Extended AMZN_24_5-USD	+0.0008%	1h	259.57	−0.060%	$500K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0013%	8h	259.71	−0.006%	$16.0M	$29.7M	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0020%	1h	259.46	−0.104%	$29K	$174K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.73	0.000%	$733K	$1.5M	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	259.60	−0.050%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.53	−0.077%	—	$104K	25x	as long as short
BloFin AMZN-USDT	+0.0046%	8h	259.68	−0.019%	$177K	$294K	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.51	−0.085%	$321K	$292K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.58	−0.058%	$693	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.44	−0.112%	$1.3M	$1.2M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.58	−0.058%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.42	−0.119%	$910K	$2.3M	10x	as long as short
Hotstuff AMZN-PERP	+0.0096%	1h	259.58	−0.058%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.48	−0.096%	$1.5M	$419K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.63	−0.039%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.59	−0.054%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.55	−0.068%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0146%	1h	259.59	−0.054%	$30.0M	$11.2M	20x	as long as short
Bybit AMZNUSDT	+0.0162%	8h	259.85	+0.046%	$4.0M	$3.3M	100x	as long as short
Nado AMZN-PERP	+0.0163%	1h	259.49	−0.093%	$414K	$113K	20x	as long as short
Lighter AMZN	+0.0184%	1h	259.69	−0.015%	$750K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.57	−0.062%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.66	−0.027%	$5K	$78K	20x	as long as short
edgeX AMZNUSDCshort	+0.0460%	4h	259.77	+0.016%	$28K	$248K	10x