Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.046%

Price spread now: Bybit against Extended+0.006%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.006%, 7d avg +0.044%

Together, before fees+0.027%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.038% cheaper against Extended than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.044%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMZN_24_5-USD	259.15	0.0232	pay 0.0029% / 1h	39m 29s	$490K	$2.5M	10x
Short	Bybit AMZNUSDT	259.17	0.0340	get 0.0340% / 8h	39m 29s	$3.7M	$3.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Extended. 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 ExtendedbpFee BybitbpOrdersPrice spread, now +0.006%Rate

Funding earned: $22.6
Price spread: +0.006% → +0.044%: −$3.83
Slippage, 4 orders: −$25.03
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.25
Costs to cover: 0.410%
Break-even: 13.9 days

Slippage from Extended: live order book, 4 min ago; Bybit: live order book, 3 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 Extended live order book, 4 min ago	0.77 bp	6.5 bp −$7	26.7 bp −$267	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.74 bp	11.3 bp −$11	20.2 bp −$202	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	258.94	−0.083%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.99	−0.064%	$764K	$2.6M	100x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.89	−0.102%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.02	−0.052%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.05	−0.040%	$631	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.79	−0.141%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.11	−0.017%	$1.4M	$4.5M	10x	as long as short
Lighter RH AMZN	+0.0056%	1h	259.18	+0.010%	$717K	$1.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	258.85	−0.118%	$939K	$2.7M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.89	−0.102%	$1.5M	$629K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni AMZNUSDT	+0.0100%	1h	258.92	−0.091%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.14	−0.006%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.10	−0.022%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0120%	1h	259.06	−0.037%	$33K	—	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0131%	8h	259.15	−0.002%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0143%	8h	259.11	−0.017%	$7K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0175%	1h	258.98	−0.067%	$27K	$177K	10x	as long as short
tradeXYZ xyz:AMZN	+0.0204%	1h	259.05	−0.040%	$28.4M	$10.9M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.86	−0.114%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0221%	8h	259.17	+0.004%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USDlong	+0.0232%	1h	259.15	long leg	$490K	$2.5M	10x
Binance AMZNUSDT	+0.0235%	8h	259.21	+0.021%	$16.1M	$31.2M	20x	as long as short
Nado AMZN-PERP	+0.0256%	1h	258.92	−0.092%	$414K	$122K	20x	as long as short
Arcus AMZN-USD	+0.0274%	1h	258.93	−0.087%	$196K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0285%	8h	259.18	+0.010%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.12	−0.013%	$5K	$98K	20x	as long as short
edgeX AMZNUSDC	+0.0324%	4h	259.10	−0.021%	$28K	$247K	10x	as long as short
Bybit AMZNUSDTshort	+0.0340%	8h	259.17	+0.006%	$3.7M	$3.2M	100x
BloFin AMZN-USDT	+0.0353%	8h	259.15	−0.002%	$177K	$187K	20x	as long as short
Lighter AMZN	+0.0376%	1h	259.22	+0.025%	$834K	$1.1M	20x	as long as short