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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0101%/8h= −11.0% APRpaid last 24h −0.028%
Price spread now: Polymarket Perps against Binance−0.050%46s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.050%, 7d avg −0.069%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.069%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AMZNUSDT259.740.0151pay 0.0151% / 8h4h 36m$16.1M$29.6M20x
ShortPolymarket Perps AMZN-USD259.610.0050get 0.0006% / 1h36m 42s$321K$275K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
−$21.12
Price spread: −0.050% → −0.069%
$1.87
Slippage, 4 orders
−$5.65
Fee Binance: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$42.9
Costs to cover
0.236%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Polymarket Perps: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.19 bp6.1 bp −$611.4 bp −$11443.4 bp −$4,337doesn't fit
Sell Polymarket Perps live order book, 20 min ago1.15 bp5.2 bp −$56.9 bp −$698.9 bp −$891doesn't fit

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
Aster AMZNUSDT0.0000%8h259.52−0.085%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.53−0.081%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.82+0.031%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.78+0.015%$16K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.54−0.077%$28K$174K10xas long as short
Coinbase International AMZN-PERP-INTX+0.0032%1h259.60−0.054%$917K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.69−0.019%$1.4M$3.8M10xas long as short
Arcus AMZN-USD+0.0040%1h259.63−0.042%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.52−0.085%$104K25xas long as short
Lighter RH AMZN+0.0048%1h259.78+0.015%$724K$1.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USDshort+0.0050%1h259.61−0.050%$321K$275K10x
SoDEX AMZN-USD+0.0050%1h259.68−0.023%$659$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.46−0.108%$1.3M$1.2M10xas long as short
OKX AMZN-USDT-SWAP+0.0062%8h259.75+0.004%$2.9M$4.6M20xas long as short
Hotstuff AMZN-PERP+0.0072%1h259.61−0.050%$33K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.58−0.062%$1.5M$529K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.51−0.089%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.740.000%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.65−0.036%$14K$51010xas long as short
Variational Omni AMZN+0.0133%8h259.77+0.013%$1.8M$1.1Mas long as short
Bybit AMZNUSDT+0.0145%8h259.83+0.035%$3.7M$3.2M100xas long as short
Binance AMZNUSDTlong+0.0151%8h259.74long leg$16.1M$29.6M20x
Extended AMZN_24_5-USD+0.0152%1h259.68−0.025%$499K$2.7M10xas long as short
tradeXYZ xyz:AMZN+0.0172%1h259.66−0.031%$29.9M$11.1M20xas long as short
Phoenix AMZN+0.0185%1h259.75+0.004%$5K$77K20xas long as short
Nado AMZN-PERP+0.0192%1h259.50−0.091%$415K$118K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.45−0.112%$75K$27K30xas long as short
BloFin AMZN-USDT+0.0270%8h259.77+0.012%$180K$204K20xas long as short
Lighter AMZN+0.0280%1h259.73−0.004%$811K$1.1M20xas long as short
edgeX AMZNUSDC+0.0684%4h259.70−0.015%$28K$248K10xas long as short