Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0410%/8h= −44.8% APRpaid last 24h −0.113%

Price spread now: Deribit against edgeX−0.071%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$360.362% of the position

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.448%+$45 on $10k

Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.071%, 7d avg −0.039%

Together, before fees+0.530%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Deribit is 0.033% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.039%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.448%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AMZNUSDC	259.51	0.0410	pay 0.0205% / 4h	3h 47m	$28K	$248K	10x
Short	Deribit AMZN_USDC-PERPETUAL	259.32	0	get 0.0000% / 1h	47m 17s	$27K	$178K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. 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 edgeXbpFee DeribitbpOrdersPrice spread, now −0.071%Rate

Funding earned: −$86
Price spread: −0.071% → −0.039%: −$3.29
Slippage, 4 orders: −$20.22
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$125.51
Costs to cover: 0.362%
Break-even: never at this rate

Slippage from edgeX: live order book, 25 min ago; Deribit: live order book, 26 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 edgeX live order book, 25 min ago	5.79 bp	10.6 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit
Sell Deribit live order book, 26 min ago	0.19 bp	3.7 bp −$4	7.0 bp −$70	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	259.30	−0.080%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.32	−0.071%	$766K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUALshort	0.0000%	1h	259.32	−0.071%	$27K	$178K	10x
Lighter RH AMZN	+0.0032%	1h	259.55	+0.017%	$718K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.31	−0.075%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.34	−0.064%	$305K	$279K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.43	−0.029%	$612	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.25	−0.098%	$1.3M	$1.2M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.49	−0.006%	$1.4M	$4.4M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.08	−0.164%	$939K	$2.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	259.33	−0.068%	$1.5M	$607K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.31	−0.075%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.53	+0.009%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.47	−0.015%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0136%	8h	259.51	+0.002%	$2.9M	$4.4M	20x	as long as short
Hotstuff AMZN-PERP	+0.0136%	1h	259.47	−0.014%	$33K	—	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0204%	8h	259.49	−0.004%	$9K	$1.8M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0208%	1h	259.45	−0.021%	$28.7M	$10.8M	20x	as long as short
Nado AMZN-PERP	+0.0217%	1h	259.34	−0.064%	$414K	$123K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.24	−0.102%	$75K	$27K	30x	as long as short
Bybit AMZNUSDT	+0.0238%	8h	259.51	+0.002%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0248%	1h	259.51	+0.003%	$827K	$1.1M	20x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.41	−0.037%	$197K	$242K	10x	as long as short
Variational Omni AMZN	+0.0268%	8h	259.52	+0.006%	$1.8M	$1.4M	—	as long as short
Binance AMZNUSDT	+0.0278%	8h	259.51	0.000%	$16.2M	$30.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0280%	1h	259.48	−0.012%	$499K	$2.8M	10x	as long as short
Bitget AMZNUSDT	+0.0291%	8h	259.48	−0.010%	$4.8M	$3.9M	100x	as long as short
Phoenix AMZN	+0.0339%	1h	259.50	−0.002%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0398%	8h	259.40	−0.041%	$178K	$215K	20x	as long as short
edgeX AMZNUSDClong	+0.0410%	4h	259.51	long leg	$28K	$248K	10x