Funding arb · Price arb /

AMZN

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.036%

Price spread now: Gate against Extended−0.029%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$410.407% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.029%, 7d avg −0.016%

Together, before fees−0.108%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.147% in total (about -7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMZN_24_5-USD	259.47	0.0240	pay 0.0030% / 1h	15m 46s	$498K	$2.7M	10x
Short	Gate AMZN_USDT	259.39	0	get 0.0000% / 8h	6h 15m	$767K	$2.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.029%Rate

Funding earned: −$50.4
Price spread: −0.029% → −0.016%: −$1.26
Slippage, 4 orders: −$20.67
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$92.33
Costs to cover: 0.407%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago	0.77 bp	6.5 bp −$6	35.9 bp −$359	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.96 bp	15.1 bp −$15	38.8 bp −$388	doesn't fit	doesn't fit

AMZN on 29 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
Deribit AMZN_USDC-PERPETUAL	−0.0328%	1h	259.26	−0.079%	$28K	$174K	10x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.47	+0.002%	$203K	$211K	20x	as long as short
Gate AMZN_USDTshort	0.0000%	8h	259.39	−0.029%	$767K	$2.6M	100x
Lighter RH AMZN	+0.0032%	1h	259.58	+0.044%	$717K	$1.5M	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0036%	8h	259.57	+0.040%	$11K	$1.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.44	−0.010%	$197K	$241K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.46	−0.002%	—	$104K	25x	as long as short
QFEX AMZN-USD	+0.0049%	1h	259.50	+0.013%	$1.4M	$4.2M	10x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.41	−0.021%	$317K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.48	+0.006%	$635	$5K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.31	−0.060%	$1.3M	$1.2M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.26	−0.079%	$938K	$2.4M	10x	as long as short
Bitget AMZNUSDT	+0.0090%	8h	259.57	+0.040%	$4.8M	$3.8M	100x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.43	−0.014%	$1.5M	$587K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.39	−0.029%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.50	+0.013%	$1K	$320	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0101%	8h	259.58	+0.044%	$2.9M	$4.5M	20x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.46	−0.003%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0121%	1h	259.47	+0.002%	$29.9M	$11.3M	20x	as long as short
Nado AMZN-PERP	+0.0140%	1h	259.49	+0.009%	$414K	$122K	20x	as long as short
edgeX AMZNUSDC	+0.0164%	4h	259.52	+0.023%	$28K	$249K	10x	as long as short
Hotstuff AMZN-PERP	+0.0176%	1h	259.49	+0.010%	$33K	—	20x	as long as short
Lighter AMZN	+0.0192%	1h	259.56	+0.036%	$824K	$1.1M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.93	−0.206%	$75K	$27K	30x	as long as short
Variational Omni AMZN	+0.0236%	8h	259.54	+0.027%	$1.8M	$1.1M	—	as long as short
Binance AMZNUSDT	+0.0238%	8h	259.54	+0.029%	$16.1M	$29.8M	20x	as long as short
Extended AMZN_24_5-USDlong	+0.0240%	1h	259.47	long leg	$498K	$2.7M	10x
Bybit AMZNUSDT	+0.0277%	8h	259.66	+0.075%	$3.8M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0277%	1h	259.50	+0.013%	$5K	$78K	20x	as long as short