Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0870%/8h= +95.3% APRpaid last 24h +0.199%

Price spread now: edgeX against Orderly−0.025%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.025% cheaper against Orderly than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$26 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AMZN_USDC_mythos	260.60	0.0100	pay 0.0100% / 8h	6h 15m	$1K	$331	10x
Short	edgeX AMZNUSDC	260.54	0.0970	get 0.0485% / 4h	2h 15m	$28K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $182.74
Price spread: −0.025% → 0.000%: −$2.49
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $165.25
Costs to cover: 0.150%
Break-even: 0.7 days

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 35 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 35 min ago	5.38 bp	10.1 bp −$10	14.6 bp −$146	doesn't fit	doesn't fit

Orderly: 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 exchanges

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	260.51	−0.034%	$204K	$209K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	260.42	−0.069%	$779K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.62	+0.008%	$4.9M	$4.2M	100x	as long as short
OKX AMZN-USDT-SWAP	+0.0009%	8h	260.64	+0.015%	$2.9M	$4.7M	20x	as long as short
Hotstuff AMZN-PERP	+0.0016%	1h	260.43	−0.065%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	260.57	−0.012%	$717K	$1.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	260.42	−0.069%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	260.42	−0.069%	$323K	$283K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	260.54	−0.023%	$699	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	260.18	−0.161%	$1.3M	$1.0M	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX AMZN-USD	+0.0063%	1h	260.52	−0.031%	$1.4M	$3.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	260.38	−0.084%	$923K	$2.3M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	260.41	−0.073%	$1.5M	$468K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	260.29	−0.119%	$93K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythoslong	+0.0100%	8h	260.60	long leg	$1K	$331	10x
Aevo AMZN-PERP	+0.0104%	1h	260.52	−0.031%	$14K	$510	10x	as long as short
tradeXYZ xyz:AMZN	+0.0106%	1h	260.45	−0.058%	$30.1M	$11.5M	20x	as long as short
Variational Omni AMZN	+0.0117%	8h	260.61	+0.002%	$1.8M	$1.0M	—	as long as short
Extended AMZN_24_5-USD	+0.0136%	1h	260.53	−0.027%	$501K	$3.0M	10x	as long as short
Binance AMZNUSDT	+0.0137%	8h	260.61	+0.004%	$16.3M	$30.3M	20x	as long as short
Arcus AMZN-USD	+0.0142%	1h	260.40	−0.077%	$198K	$205K	10x	as long as short
Phoenix AMZN	+0.0215%	1h	260.47	−0.050%	$5K	$84K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	260.72	+0.046%	$75K	$27K	30x	as long as short
Nado AMZN-PERP	+0.0233%	1h	260.37	−0.090%	$413K	$112K	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0249%	1h	260.49	−0.042%	$29K	$138K	10x	as long as short
BloFin AMZN-USDT	+0.0257%	8h	260.62	+0.008%	$181K	$313K	20x	as long as short
Lighter AMZN	+0.0280%	1h	260.60	−0.001%	$731K	$1.3M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0290%	8h	260.54	−0.021%	$12K	$1.8M	10x	as long as short
Bybit AMZNUSDT	+0.0474%	8h	260.72	+0.046%	$4.3M	$3.5M	100x	as long as short
edgeX AMZNUSDCshort	+0.0970%	4h	260.54	−0.025%	$28K	$249K	10x