Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.033%

Price spread now: Bitget against Coinbase International+0.085%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Coinbase International Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.085%, 7d avg +0.120%

Together, before fees−0.168%−$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.036% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.085% now, against its 7-day average of +0.120%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.104%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AMZN-PERP-INTX	259.27	0.0072	pay 0.0009% / 1h	2m 56s	$940K	$2.4M	10x
Short	Bitget AMZNUSDT	259.49	0.0187	get 0.0187% / 8h	7h 02m	$4.8M	$3.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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 Coinbase InternationalbpFee BitgetbpOrdersPrice spread, now +0.085%Rate

Funding earned: $24.15
Price spread: +0.085% → +0.120%: −$3.56
Slippage, 4 orders: −$14.77
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$16.18
Costs to cover: 0.368%
Break-even: 11.7 days

Slippage from Coinbase International: live order book, 1 min ago; Bitget: live order book, 5 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 Coinbase International live order book, 1 min ago	2.51 bp	7.8 bp −$8	10.6 bp −$106	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.16 bp	10.3 bp −$10	14.4 bp −$144	46.8 bp −$4,678	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	259.29	+0.006%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.29	+0.008%	$766K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.32	+0.019%	$28K	$173K	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0027%	8h	259.46	+0.072%	$12K	$1.8M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.52	+0.096%	$718K	$1.5M	10x	as long as short
Hotstuff AMZN-PERP	+0.0032%	1h	259.45	+0.069%	$33K	—	20x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.29	+0.008%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.32	+0.019%	$310K	$282K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.45	+0.069%	$628	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.32	+0.019%	$1.3M	$1.2M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0055%	1h	259.42	+0.058%	$1.4M	$4.3M	10x	as long as short
Coinbase International AMZN-PERP-INTXlong	+0.0072%	1h	259.27	long leg	$940K	$2.4M	10x
KuCoin AMZNUSDTM	+0.0100%	8h	259.24	−0.012%	$1.5M	$600K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.30	+0.012%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.47	+0.077%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.43	+0.061%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0113%	8h	259.49	+0.085%	$2.9M	$4.4M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0127%	1h	259.44	+0.066%	$29.2M	$10.8M	20x	as long as short
Nado AMZN-PERP	+0.0184%	1h	259.30	+0.012%	$414K	$122K	20x	as long as short
Bitget AMZNUSDTshort	+0.0187%	8h	259.49	+0.085%	$4.8M	$3.8M	100x
Lighter AMZN	+0.0216%	1h	259.49	+0.083%	$826K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.72	+0.174%	$75K	$27K	30x	as long as short
Bybit AMZNUSDT	+0.0225%	8h	259.49	+0.085%	$3.7M	$3.2M	100x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.36	+0.035%	$197K	$241K	10x	as long as short
Variational Omni AMZN	+0.0255%	8h	259.49	+0.085%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0263%	8h	259.48	+0.081%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0264%	1h	259.42	+0.058%	$498K	$2.7M	10x	as long as short
edgeX AMZNUSDC	+0.0316%	4h	259.35	+0.031%	$28K	$248K	10x	as long as short
Phoenix AMZN	+0.0339%	1h	259.38	+0.042%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0383%	8h	259.40	+0.050%	$177K	$214K	20x	as long as short