Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.001%

Price spread now: OKX against Nado+0.108%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$410.415% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.108%, 7d avg +0.038%

Together, before fees+0.056%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.070% dearer against Nado than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.038%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. Mind the row above: over the last 3 days funding on this pair paid +0.090%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AMZN-PERP	259.88	0.0099	pay 0.0012% / 1h	8m 15s	$414K	$113K	20x
Short	OKX AMZN-USDT-SWAP	260.16	0	get 0.0000% / 8h	2h 08m	$2.8M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee NadobpFee OKXbpOrdersPrice spread, now +0.108%Rate

Funding earned: −$20.76
Price spread: +0.108% → +0.038%: $7.03
Slippage, 4 orders: −$24.48
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$55.2
Costs to cover: 0.415%
Break-even: never at this rate

Slippage from Nado: live order book, 40 min ago; OKX: live order book, 4 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 Nado live order book, 40 min ago	1.35 bp	12.6 bp −$13	91.6 bp −$916	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.19 bp	7.9 bp −$8	14.4 bp −$144	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	260.02	+0.054%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAPshort	0.0000%	8h	260.16	+0.108%	$2.8M	$4.8M	20x
Gate AMZN_USDT	0.0000%	8h	259.93	+0.020%	$767K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.11	+0.089%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	260.14	+0.102%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	260.07	+0.073%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.86	−0.007%	$28K	$176K	10x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	260.04	+0.061%	$499K	$3.1M	10x	as long as short
Binance AMZNUSDT	+0.0017%	8h	260.12	+0.091%	$15.9M	$29.9M	20x	as long as short
QFEX AMZN-USD	+0.0020%	1h	260.04	+0.062%	$1.4M	$3.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AMZN-PERP-INTX	+0.0024%	1h	259.73	−0.057%	$914K	$2.3M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	260.08	+0.077%	$726K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.96	+0.031%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.90	+0.008%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.91	+0.012%	$321K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.04	+0.062%	$682	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.81	−0.027%	$1.3M	$1.2M	10x	as long as short
BloFin AMZN-USDT	+0.0063%	8h	260.01	+0.050%	$176K	$205K	20x	as long as short
Hotstuff AMZN-PERP	+0.0072%	1h	259.96	+0.031%	$33K	—	20x	as long as short
Nado AMZN-PERPlong	+0.0099%	1h	259.88	long leg	$414K	$113K	20x
KuCoin AMZNUSDTM	+0.0100%	8h	259.82	−0.023%	$1.5M	$463K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.87	−0.003%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	260.06	+0.070%	$1K	$320	10x	as long as short
Bybit AMZNUSDT	+0.0104%	8h	260.17	+0.112%	$3.7M	$3.2M	100x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	260.02	+0.055%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0137%	1h	259.97	+0.035%	$30.0M	$11.3M	20x	as long as short
Lighter AMZN	+0.0144%	1h	260.08	+0.076%	$747K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.26	+0.147%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	260.04	+0.062%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0838%	4h	260.08	+0.077%	$28K	$248K	10x	as long as short