Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0058%/8h= −6.3% APRpaid last 24h −0.126%

Price spread now: QFEX against edgeX−0.031%7-day average −0.004% · 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−$37as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on edgeX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.205%+$20 on $10k

Price spread, last 3 days (all we have)−0.005%−$1 · spread now −0.031%, 7d avg −0.004%

Together, before fees+0.200%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.027% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.004%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.205%, 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	259.35	0.0113	pay 0.0057% / 4h	3h 23m	$28K	$247K	10x
Short	QFEX AMZN-USD	259.27	0.0055	get 0.0007% / 1h	23m 00s	$1.4M	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$12.16
Price spread: −0.031% → −0.004%: −$2.74
Slippage, 4 orders: −$15.66
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$49.57
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from edgeX: live order book, 49 min ago; QFEX: 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 edgeX live order book, 49 min ago	5.79 bp	10.6 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.73 bp	6.7 bp −$7	7.4 bp −$74	13.1 bp −$1,312	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	259.14	−0.083%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.14	−0.081%	$766K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.10	−0.097%	$27K	$173K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.30	−0.020%	$720K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.09	−0.101%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.13	−0.085%	$309K	$289K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.20	−0.058%	$622	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.12	−0.089%	$1.3M	$1.2M	10x	as long as short
QFEX AMZN-USDshort	+0.0055%	1h	259.27	−0.031%	$1.4M	$4.3M	10x
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.24	−0.043%	$939K	$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
GRVT AMZN_USDT_Perp	+0.0077%	8h	259.42	+0.027%	$12K	$1.8M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.14	−0.081%	$1.5M	$605K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.27	−0.031%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.29	−0.023%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.18	−0.065%	$14K	$510	10x	as long as short
edgeX AMZNUSDClong	+0.0113%	4h	259.35	long leg	$28K	$247K	10x
Hotstuff AMZN-PERP	+0.0120%	1h	259.16	−0.074%	$33K	—	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0126%	8h	259.23	−0.047%	$2.9M	$4.5M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0129%	1h	259.15	−0.077%	$28.6M	$10.6M	20x	as long as short
Bybit AMZNUSDT	+0.0190%	8h	259.37	+0.007%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0197%	1h	259.08	−0.103%	$414K	$122K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.14	−0.081%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0224%	1h	259.27	−0.033%	$826K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0242%	8h	259.33	−0.008%	$4.8M	$3.8M	100x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.29	−0.023%	$197K	$241K	10x	as long as short
Variational Omni AMZN	+0.0269%	8h	259.43	+0.029%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0271%	8h	259.29	−0.023%	$16.1M	$29.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.18	−0.065%	$498K	$3.0M	10x	as long as short
Phoenix AMZN	+0.0339%	1h	259.38	+0.011%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0391%	8h	259.28	−0.027%	$177K	$215K	20x	as long as short