Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h +0.211%

Price spread now: edgeX against Coinbase International+0.013%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.327%−$33 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.013%, 7d avg +0.095%

Together, before fees−0.383%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.082% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.095%). If the spread goes back, that is −$8 on $10k: about 40 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.327%, 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	260.67	0.0064	pay 0.0008% / 1h	54m 22s	$943K	$2.3M	10x
Short	edgeX AMZNUSDC	260.70	0.0228	get 0.0114% / 4h	2h 54m	$28K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $34.52
Price spread: +0.013% → +0.095%: −$8.24
Slippage, 4 orders: −$16.54
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$9.25
Costs to cover: 0.355%
Break-even: 8.9 days

Slippage from Coinbase International: live order book, 4 min ago; edgeX: live order book, 38 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, 4 min ago	1.92 bp	6.9 bp −$7	9.6 bp −$96	doesn't fit	doesn't fit
Sell edgeX live order book, 38 min ago	5.77 bp	10.5 bp −$11	14.9 bp −$149	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	260.38	−0.111%	$204K	$209K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	260.59	−0.031%	$2.9M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	260.48	−0.073%	$779K	$2.5M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.58	−0.035%	$4.9M	$4.2M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	260.49	−0.069%	$719K	$1.6M	10x	as long as short
Variational Omni AMZN	+0.0038%	8h	260.83	+0.063%	$1.8M	$1.2M	—	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	260.41	−0.100%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	260.32	−0.134%	$323K	$284K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.61	−0.023%	$701	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	260.30	−0.142%	$1.3M	$1.1M	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	+0.0063%	1h	260.49	−0.069%	$1.4M	$3.5M	10x	as long as short
Extended AMZN_24_5-USD	+0.0064%	1h	260.46	−0.080%	$504K	$3.0M	10x	as long as short
Coinbase International AMZN-PERP-INTXlong	+0.0064%	1h	260.67	long leg	$943K	$2.3M	10x
Binance AMZNUSDT	+0.0068%	8h	260.56	−0.042%	$16.2M	$30.6M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0097%	1h	260.42	−0.096%	$30.0M	$11.4M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	260.35	−0.123%	$1.5M	$441K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	260.52	−0.058%	$93K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.50	−0.065%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	260.61	−0.023%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0128%	1h	260.38	−0.111%	$33K	—	20x	as long as short
Arcus AMZN-USD	+0.0142%	1h	260.40	−0.104%	$198K	$233K	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0158%	8h	260.69	+0.007%	$12K	$1.8M	10x	as long as short
BloFin AMZN-USDT	+0.0185%	8h	260.77	+0.038%	$179K	$312K	20x	as long as short
Nado AMZN-PERP	+0.0216%	1h	260.33	−0.131%	$412K	$114K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.85	+0.069%	$75K	$27K	30x	as long as short
edgeX AMZNUSDCshort	+0.0228%	4h	260.70	+0.013%	$28K	$248K	10x
Phoenix AMZN	+0.0246%	1h	260.64	−0.012%	$5K	$84K	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0249%	1h	260.49	−0.069%	$29K	$139K	10x	as long as short
Lighter AMZN	+0.0264%	1h	260.52	−0.056%	$744K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0491%	8h	260.57	−0.038%	$4.3M	$3.5M	100x	as long as short