Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0118%/8h= −13.0% APRpaid last 24h −0.027%

Price spread now: Coinbase International against Binance−0.071%7-day average −0.106% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.071%, 7d avg −0.106%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.035% dearer against Binance than usual: you sell high and buy low (spread −0.071% now, against its 7-day average of −0.106%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AMZNUSDT	259.73	0.0150	pay 0.0150% / 8h	4h 37m	$16.1M	$29.6M	20x
Short	Coinbase International AMZN-PERP-INTX	259.55	0.0032	get 0.0004% / 1h	37m 43s	$918K	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now −0.071%Rate

Funding earned: −$24.84
Price spread: −0.071% → −0.106%: $3.49
Slippage, 4 orders: −$8.44
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$49.79
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Coinbase International: live order book, 1 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 Binance live order book, 4 min ago	0.19 bp	6.1 bp −$6	11.4 bp −$114	43.4 bp −$4,337	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.12 bp	7.7 bp −$8	10.9 bp −$109	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 AMZNUSDT	0.0000%	8h	259.53	−0.078%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.57	−0.063%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.81	+0.029%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.78	+0.018%	$16K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0020%	1h	259.58	−0.059%	$28K	$174K	10x	as long as short
Coinbase International AMZN-PERP-INTXshort	+0.0032%	1h	259.55	−0.071%	$918K	$2.4M	10x
QFEX AMZN-USD	+0.0040%	1h	259.69	−0.017%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.63	−0.040%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.52	−0.083%	—	$104K	25x	as long as short
Lighter RH AMZN	+0.0048%	1h	259.76	+0.010%	$723K	$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
Polymarket Perps AMZN-USD	+0.0050%	1h	259.62	−0.044%	$321K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.68	−0.021%	$658	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.46	−0.106%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0062%	8h	259.77	+0.014%	$2.9M	$4.6M	20x	as long as short
Hotstuff AMZN-PERP	+0.0072%	1h	259.61	−0.048%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.57	−0.063%	$1.5M	$531K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.51	−0.086%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.74	+0.002%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.65	−0.031%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0133%	8h	259.77	+0.016%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDT	+0.0144%	8h	259.82	+0.033%	$3.7M	$3.2M	100x	as long as short
Binance AMZNUSDTlong	+0.0150%	8h	259.73	long leg	$16.1M	$29.6M	20x
Extended AMZN_24_5-USD	+0.0152%	1h	259.67	−0.025%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0170%	1h	259.64	−0.036%	$29.9M	$11.0M	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.75	+0.006%	$5K	$77K	20x	as long as short
Nado AMZN-PERP	+0.0193%	1h	259.54	−0.075%	$415K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.45	−0.110%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0270%	8h	259.77	+0.014%	$179K	$204K	20x	as long as short
edgeX AMZNUSDC	+0.0276%	4h	259.73	−0.003%	$28K	$247K	10x	as long as short
Lighter AMZN	+0.0280%	1h	259.74	+0.001%	$811K	$1.1M	20x	as long as short