Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.008%

Price spread now: OKX against Ondo Perps+0.139%58s7-day average +0.132% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 7 days+0.168%+$17 · spread now +0.139%, 7d avg +0.132%

Together, before fees+0.212%+ Points / potential airdropOndo Perps: Active · farm board+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.132%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps AMZN-USD.P	259.57	0.0050	pay 0.0006% / 1h	19m 46s	$1.3M	$1.1M	10x
Short	OKX AMZN-USDT-SWAP	259.93	0	get 0.0000% / 8h	7h 19m	$2.8M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Ondo Perps. 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 Ondo PerpsbpFee OKXbpOrdersPrice spread, now +0.139%Rate

Funding earned: −$10.58
Price spread: +0.139% → +0.132%: $0.65
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$24.93
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; OKX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell OKX live order book, 3 min ago	0.19 bp	10.2 bp −$10	20.1 bp −$201	doesn't fit	doesn't fit

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff AMZN-PERP	−0.1600%	1h	259.62	+0.019%	$33K	—	20x	as long as short
Aster AMZNUSDT	0.0000%	8h	259.83	+0.101%	$204K	$209K	20x	as long as short
OKX AMZN-USDT-SWAPshort	0.0000%	8h	259.93	+0.139%	$2.8M	$4.8M	20x
Gate AMZN_USDT	0.0000%	8h	259.73	+0.062%	$770K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.91	+0.131%	$4.9M	$4.1M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.90	+0.129%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.74	+0.066%	$12K	$1.8M	10x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	259.78	+0.081%	$501K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0020%	8h	259.88	+0.120%	$16.1M	$29.9M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.75	+0.069%	$718K	$1.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USD	+0.0040%	1h	259.61	+0.015%	$197K	$233K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.65	+0.031%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.67	+0.039%	$29.8M	$11.4M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.45	−0.046%	$321K	$282K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.75	+0.069%	$696	$5K	10x	as long as short
Ondo Perps AMZN-USD.Plong	+0.0050%	1h	259.57	long leg	$1.3M	$1.1M	10x
QFEX AMZN-USD	+0.0052%	1h	259.80	+0.089%	$1.4M	$3.5M	10x	as long as short
BloFin AMZN-USDT	+0.0072%	8h	259.86	+0.112%	$180K	$304K	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0088%	1h	259.59	+0.008%	$918K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.66	+0.035%	$1.5M	$423K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.52	−0.019%	$93K	$133K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.76	+0.073%	$1K	$331	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.72	+0.057%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0159%	1h	259.54	−0.012%	$414K	$114K	20x	as long as short
Lighter AMZN	+0.0192%	1h	259.76	+0.072%	$743K	$1.3M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.10	+0.204%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0246%	1h	259.78	+0.081%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0436%	4h	259.67	+0.040%	$28K	$249K	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0482%	1h	259.72	+0.058%	$29K	$151K	10x	as long as short
Bybit AMZNUSDT	+0.0532%	8h	260.02	+0.173%	$4.3M	$3.5M	100x	as long as short