Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0062%/8h= −6.8% APRpaid last 24h −0.060%

Price spread now: tradeXYZ against Bybit−0.062%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on Bybit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.062%, 7d avg −0.094%

Together, before fees+0.004%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.033% dearer against Bybit than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.094%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.025% in total) that is about 9.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMZNUSDT	259.87	0.0112	pay 0.0112% / 8h	5h 21m	$3.8M	$3.2M	100x
Short	tradeXYZ xyz:AMZN	259.71	0.0050	get 0.0006% / 1h	21m 17s	$29.9M	$11.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee BybitbpFee tradeXYZbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$13.07
Price spread: −0.062% → −0.094%: $3.25
Slippage, 4 orders: −$9.89
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$48.71
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; tradeXYZ: live order book, 7 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 Bybit live order book, 1 min ago	2.12 bp	7.6 bp −$8	14.3 bp −$143	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 7 min ago	0.19 bp	9.6 bp −$10	12.0 bp −$120	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
Hotstuff AMZN-PERP	−0.0024%	1h	259.69	−0.069%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.74	−0.049%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.61	−0.100%	$764K	$2.7M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.84	−0.011%	$15K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.72	−0.058%	$28K	$174K	10x	as long as short
Bitget AMZNUSDT	+0.0014%	8h	259.89	+0.008%	$4.8M	$3.9M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.83	−0.015%	$724K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0033%	1h	259.76	−0.042%	$1.4M	$3.9M	10x	as long as short
Nado AMZN-PERP	+0.0039%	1h	259.72	−0.059%	$415K	$118K	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.70	−0.065%	$924K	$2.4M	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	259.73	−0.054%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.72	−0.058%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZNshort	+0.0050%	1h	259.71	−0.062%	$29.9M	$11.5M	20x
Polymarket Perps AMZN-USD	+0.0050%	1h	259.66	−0.081%	$318K	$288K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.79	−0.031%	$640	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.66	−0.081%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0053%	8h	259.85	−0.008%	$2.9M	$4.5M	20x	as long as short
Lighter AMZN	+0.0072%	1h	259.82	−0.019%	$824K	$1.1M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.65	−0.085%	$1.5M	$557K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.68	−0.073%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.80	−0.027%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.76	−0.044%	$14K	$510	10x	as long as short
Bybit AMZNUSDTlong	+0.0112%	8h	259.87	long leg	$3.8M	$3.2M	100x
Variational Omni AMZN	+0.0148%	8h	259.85	−0.010%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.78	−0.034%	$499K	$2.7M	10x	as long as short
Binance AMZNUSDT	+0.0155%	8h	259.85	−0.007%	$16.1M	$29.5M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.50	−0.142%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0247%	1h	259.78	−0.035%	$5K	$77K	20x	as long as short
BloFin AMZN-USDT	+0.0277%	8h	259.79	−0.031%	$180K	$215K	20x	as long as short
edgeX AMZNUSDC	+0.0477%	4h	259.82	−0.020%	$28K	$248K	10x	as long as short