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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.068%
Price spread now: QFEX against Bybit−0.073%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.109%−$11 on $10k
Price spread, last 7 days+0.085%+$8 · spread now −0.073%, 7d avg −0.053%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and QFEX is 0.020% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AMZNUSDT260.160.0187pay 0.0187% / 8h34m 12s$4.0M$3.3M100x
ShortQFEX AMZN-USD259.970.0050get 0.0006% / 1h34m 12s$1.4M$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Bybit. 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
−$28.76
Price spread: −0.073% → −0.053%
−$2.02
Slippage, 4 orders
−$16.12
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$67.89
Costs to cover
0.371%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; QFEX: live order book, 4 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 Bybit live order book, 3 min ago0.96 bp10.8 bp −$1120.3 bp −$203doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.54 bp6.5 bp −$77.2 bp −$7213.0 bp −$1,303doesn'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%8h260.03−0.049%$202K$207K20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h260.02−0.054%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.93−0.088%$765K$2.6M100xas long as short
Bitget AMZNUSDT0.0000%8h260.03−0.050%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h260.06−0.040%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.88−0.108%$29K$172K10xas long as short
Variational Omni AMZN+0.0001%8h260.05−0.044%$1.8M$1.1Mas long as short
Binance AMZNUSDT+0.0030%8h260.06−0.037%$16.0M$29.5M20xas long as short
Lighter RH AMZN+0.0032%1h260.06−0.038%$734K$1.6M10xas long as short
Extended AMZN_24_5-USD+0.0032%1h260.00−0.063%$498K$3.0M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus AMZN-USD+0.0040%1h259.89−0.104%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.93−0.088%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.89−0.104%$321K$292K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.99−0.065%$683$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.68−0.185%$1.3M$1.1M10xas long as short
QFEX AMZN-USDshort+0.0050%1h259.97−0.073%$1.4M$3.6M10x
Coinbase International AMZN-PERP-INTX+0.0064%1h259.54−0.238%$915K$2.3M10xas long as short
tradeXYZ xyz:AMZN+0.0087%1h259.90−0.100%$30.0M$11.2M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.86−0.115%$1.5M$406K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.78−0.146%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.00−0.062%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.98−0.070%$14K$51010xas long as short
BloFin AMZN-USDT+0.0120%8h260.05−0.042%$177K$301K20xas long as short
Nado AMZN-PERP+0.0171%1h259.91−0.096%$415K$113K20xas long as short
Hotstuff AMZN-PERP+0.0184%1h259.90−0.100%$33K20xas long as short
Bybit AMZNUSDTlong+0.0187%8h260.16long leg$4.0M$3.3M100x
Lighter AMZN+0.0216%1h260.05−0.044%$750K$1.3M20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.69−0.181%$75K$27K30xas long as short
edgeX AMZNUSDC+0.0224%4h259.97−0.073%$28K$249K10xas long as short
Phoenix AMZN+0.0277%1h259.93−0.088%$5K$78K20xas long as short