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

AMZN

RWAall AMZN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0021%/8h= +2.2% APRpaid last 24h +0.056%
Price spread now: Bybit against Nado+0.066%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.177%+$18 on $10k
Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.066%, 7d avg +0.045%
Together, before fees+0.191%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.021% dearer against Nado than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AMZN-PERP259.340.0217pay 0.0027% / 1h47m 31s$414K$123K20x
ShortBybit AMZNUSDT259.510.0238get 0.0238% / 8h7h 47m$3.7M$3.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Nado. 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
$4.31
Price spread: +0.066% → +0.045%
$2.11
Slippage, 4 orders
−$35.99
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$47.57
Costs to cover
0.540%
Break-even
84.3 days
Slippage from Nado: live order book, 25 min ago; Bybit: live order book, 5 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 Nado live order book, 25 min ago1.35 bp12.3 bp −$1228.7 bp −$287doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.31 bp15.1 bp −$1530.8 bp −$308doesn'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%8h259.32−0.009%$203K$211K20xas long as short
Gate AMZN_USDT0.0000%8h259.32−0.007%$766K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUAL0.0000%1h259.35+0.005%$27K$178K10xas long as short
Lighter RH AMZN+0.0032%1h259.59+0.097%$718K$1.5M10xas long as short
Vest AMZN-USD-PERP+0.0046%1h259.31−0.011%$104K25xas long as short
Polymarket Perps AMZN-USD+0.0050%1h259.34+0.001%$305K$279K10xas long as short
SoDEX AMZN-USD+0.0050%1h259.48+0.055%$613$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.25−0.034%$1.3M$1.2M10xas long as short
QFEX AMZN-USD+0.0055%1h259.49+0.059%$1.4M$4.4M10xas long as short
Coinbase International AMZN-PERP-INTX+0.0072%1h259.08−0.100%$939K$2.7M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin AMZNUSDTM+0.0100%8h259.33−0.003%$1.5M$607K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.31−0.011%$93K$129K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h259.56+0.086%$1K$32010xas long as short
Aevo AMZN-PERP+0.0104%1h259.47+0.050%$14K$51010xas long as short
OKX AMZN-USDT-SWAP+0.0136%8h259.51+0.066%$2.9M$4.4M20xas long as short
Hotstuff AMZN-PERP+0.0136%1h259.47+0.051%$33K20xas long as short
GRVT AMZN_USDT_Perp+0.0204%8h259.49+0.060%$9K$1.8M10xas long as short
tradeXYZ xyz:AMZN+0.0208%1h259.45+0.043%$28.7M$10.8M20xas long as short
Nado AMZN-PERPlong+0.0217%1h259.34long leg$414K$123K20x
Injective AMZN/USDC PERP+0.0220%1h259.24−0.038%$75K$27K30xas long as short
Bybit AMZNUSDTshort+0.0238%8h259.51+0.066%$3.7M$3.2M100x
Lighter AMZN+0.0248%1h259.56+0.086%$827K$1.1M20xas long as short
Arcus AMZN-USD+0.0254%1h259.41+0.028%$197K$242K10xas long as short
Variational Omni AMZN+0.0268%8h259.52+0.070%$1.8M$1.4Mas long as short
Binance AMZNUSDT+0.0278%8h259.53+0.074%$16.2M$30.8M20xas long as short
Extended AMZN_24_5-USD+0.0280%1h259.49+0.057%$497K$2.8M10xas long as short
Bitget AMZNUSDT+0.0291%8h259.48+0.055%$4.8M$3.9M100xas long as short
Phoenix AMZN+0.0339%1h259.50+0.062%$5K$98K20xas long as short
BloFin AMZN-USDT+0.0396%8h259.40+0.024%$178K$215K20xas long as short
edgeX AMZNUSDC+0.0410%4h259.51+0.064%$28K$248K10xas long as short