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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0165%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.032%
Price spread now: Phoenix against Deribit+0.065%70s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.065% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AMZN_USDC-PERPETUAL259.580.0020pay 0.0002% / 1h37m 48s$28K$174K10x
ShortPhoenix AMZN259.750.0185get 0.0023% / 1h37m 48s$5K$77K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Deribit. 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
$34.64
Price spread: +0.065% → 0.000%
$6.55
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$27.19
Costs to cover
0.140%
Break-even
1.5 days
Slippage unknown: Deribit: live order book, 21 min ago; Phoenix: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 21 min ago0.19 bp9.8 bp −$1011.5 bp −$115doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h259.55−0.013%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.57−0.004%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.81+0.089%$4.9M$4.0M100xas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.78+0.077%$16K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUALlong+0.0020%1h259.58long leg$28K$174K10x
Coinbase International AMZN-PERP-INTX+0.0032%1h259.55−0.012%$918K$2.4M10xas long as short
QFEX AMZN-USD+0.0040%1h259.69+0.042%$1.4M$3.8M10xas long as short
Arcus AMZN-USD+0.0040%1h259.64+0.023%$197K$240K10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.52−0.023%$104K25xas long as short
Lighter RH AMZN+0.0048%1h259.79+0.081%$723K$1.5M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AMZN-USD+0.0050%1h259.62+0.015%$321K$275K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.68+0.039%$658$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.46−0.046%$1.3M$1.2M10xas long as short
OKX AMZN-USDT-SWAP+0.0062%8h259.77+0.073%$2.9M$4.6M20xas long as short
Hotstuff AMZN-PERP+0.0072%1h259.66+0.031%$33K20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.57−0.004%$1.5M$531K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.51−0.027%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.74+0.062%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.65+0.028%$14K$51010xas long as short
Variational Omni AMZN+0.0133%8h259.77+0.075%$1.8M$1.1Mas long as short
Bybit AMZNUSDT+0.0142%8h259.82+0.092%$3.7M$3.2M100xas long as short
Binance AMZNUSDT+0.0150%8h259.73+0.058%$16.1M$29.6M20xas long as short
Extended AMZN_24_5-USD+0.0152%1h259.67+0.035%$499K$2.7M10xas long as short
tradeXYZ xyz:AMZN+0.0170%1h259.64+0.023%$29.9M$11.0M20xas long as short
Phoenix AMZNshort+0.0185%1h259.75+0.065%$5K$77K20x
Nado AMZN-PERP+0.0193%1h259.54−0.015%$415K$118K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.45−0.050%$75K$27K30xas long as short
BloFin AMZN-USDT+0.0270%8h259.77+0.073%$179K$204K20xas long as short
edgeX AMZNUSDC+0.0276%4h259.73+0.056%$28K$247K10xas long as short
Lighter AMZN+0.0280%1h259.75+0.067%$811K$1.1M20xas long as short