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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0196%/8h= −21.5% APRnext payment $0.25 per $10,000 · paid last 24h −0.027%
Price spread now: Coinbase International against Injective+0.085%64s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.093%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.085% dearer against Injective than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.093% in total) that is about 6.4 days. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.093% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AMZN/USDC PERP259.510.0220pay 0.0028% / 1h25m 51s$75K$27K30x
ShortCoinbase International AMZN-PERP-INTX259.730.0024get 0.0003% / 1h25m 51s$911K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$41.16
Price spread: +0.085% → 0.000%
$8.48
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$42.7
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Coinbase International live order book, 3 min ago0.19 bp7.4 bp −$710.7 bp −$107doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff AMZN-PERP−0.0048%1h259.80+0.112%$33K20xas long as short
Aster AMZNUSDT0.0000%8h259.78+0.106%$202K$207K20xas long as short
Extended AMZN_24_5-USD0.0000%1h259.85+0.130%$502K$3.0M10xas long as short
Binance AMZNUSDT0.0000%8h259.91+0.156%$15.9M$29.9M20xas long as short
OKX AMZN-USDT-SWAP0.0000%8h259.89+0.146%$2.8M$4.8M20xas long as short
Gate AMZN_USDT0.0000%8h259.68+0.066%$763K$2.7M100xas long as short
Bitget AMZNUSDT0.0000%8h259.91+0.154%$4.9M$4.0M100xas long as short
Variational Omni AMZN0.0000%8h259.81+0.118%$1.8M$1.1Mas long as short
GRVT AMZN_USDT_Perp0.0000%8h259.80+0.111%$10K$1.8M10xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.75+0.092%$29K$176K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AMZN-PERP-INTXshort+0.0024%1h259.73+0.085%$911K$2.3M10x
Lighter RH AMZN+0.0032%1h259.92+0.158%$726K$1.6M10xas long as short
Arcus AMZN-USD+0.0040%1h259.75+0.092%$197K$240K10xas long as short
QFEX AMZN-USD+0.0045%1h259.83+0.123%$1.4M$3.6M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.79+0.108%$104K25xas long as short
tradeXYZ xyz:AMZN+0.0050%1h259.84+0.127%$30.0M$11.3M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.73+0.085%$321K$291K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.85+0.131%$682$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.61+0.039%$1.3M$1.2M10xas long as short
Bybit AMZNUSDT+0.0079%8h259.91+0.154%$3.7M$3.2M100xas long as short
Lighter AMZN+0.0088%1h259.90+0.150%$750K$1.3M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h259.79+0.108%$1.5M$443K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.75+0.092%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.87+0.139%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.82+0.118%$14K$51010xas long as short
Nado AMZN-PERP+0.0106%1h259.75+0.091%$415K$113K20xas long as short
BloFin AMZN-USDT+0.0120%8h259.94+0.166%$177K$206K20xas long as short
Injective AMZN/USDC PERPlong+0.0220%1h259.51long leg$75K$27K30x
edgeX AMZNUSDC+0.0288%4h259.82+0.121%$28K$248K10xas long as short
Phoenix AMZN+0.0308%1h259.79+0.108%$5K$78K20xas long as short