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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.027%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2402.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.203%+$20 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.027%, 7d avg −0.036%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.063% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AMZN_USDT259.210get 0.0000% / 8h7h 45m$765K$2.6M100x
ShortKuCoin AMZNUSDTM259.280.0100get 0.0100% / 8h7h 45m$1.5M$607K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$21
Price spread: +0.027% → −0.036%
$6.27
Slippage, 4 orders
−$212.93
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$212.65
Costs to cover
2.399%
Break-even
77.9 days
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago2.70 bp15.2 bp −$1538.6 bp −$386doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago3.66 bp143.1 bp −$143doesn't fitdoesn't fitdoesn't fit

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%8h259.24+0.010%$203K$211K20xas long as short
Gate AMZN_USDTlong0.0000%8h259.21long leg$765K$2.6M100x
Deribit AMZN_USDC-PERPETUAL+0.0020%1h259.25+0.015%$27K$178K10xas long as short
Lighter RH AMZN+0.0032%1h259.45+0.093%$717K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.20−0.004%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.26+0.019%$304K$281K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.34+0.050%$614$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.25+0.015%$1.3M$1.2M10xas long as short
QFEX AMZN-USD+0.0055%1h259.34+0.050%$1.4M$4.4M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.08−0.050%$939K$2.7M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AMZNUSDTMshort+0.0100%8h259.28+0.027%$1.5M$607K20x
ApeX Omni AMZNUSDT+0.0100%1h259.31+0.039%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.39+0.069%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.36+0.058%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0136%8h259.47+0.100%$2.9M$4.4M20xas long as short
Hotstuff AMZN-PERP+0.0136%1h259.39+0.069%$33K20xas long as short
tradeXYZ xyz:AMZN+0.0203%1h259.33+0.046%$28.6M$10.8M20xas long as short
GRVT AMZN_USDT_Perp+0.0204%8h259.49+0.110%$9K$1.8M10xas long as short
Nado AMZN-PERP+0.0220%1h259.24+0.013%$414K$123K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h259.24+0.012%$75K$27K30xas long as short
Bybit AMZNUSDT+0.0246%8h259.48+0.104%$3.7M$3.2M100xas long as short
Lighter AMZN+0.0248%1h259.40+0.075%$827K$1.1M20xas long as short
Arcus AMZN-USD+0.0254%1h259.36+0.058%$197K$242K10xas long as short
Variational Omni AMZN+0.0271%8h259.39+0.069%$1.8M$1.4Mas long as short
Binance AMZNUSDT+0.0277%8h259.39+0.069%$16.1M$30.8M20xas long as short
Extended AMZN_24_5-USD+0.0280%1h259.34+0.049%$500K$2.9M10xas long as short
Bitget AMZNUSDT+0.0290%8h259.42+0.081%$4.8M$3.9M100xas long as short
Phoenix AMZN+0.0339%1h259.50+0.112%$5K$98K20xas long as short
BloFin AMZN-USDT+0.0398%8h259.40+0.073%$178K$215K20xas long as short
edgeX AMZNUSDC+0.0410%4h259.51+0.114%$28K$248K10xas long as short