Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.013%

Price spread now: Injective against Orderly−0.104%58s7-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 Injective

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—needs both histories

Funding pays, the price is against you. Injective is 0.104% cheaper against Orderly than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$4 a day). 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	Orderly PERP_AMZN_USDC_mythos	259.72	0.0100	pay 0.0100% / 8h	4h 35m	$1K	$320	10x
Short	Injective AMZN/USDC PERP	259.45	0.0220	get 0.0028% / 1h	35m 38s	$75K	$27K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.104%Rate

Funding earned: $25.2
Price spread: −0.104% → 0.000%: −$10.4
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $8.78
Costs to cover: 0.060%
Break-even: 4.6 days

Slippage unknown: Orderly: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample	—	—	—	—	—

Orderly and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AMZNUSDT	0.0000%	8h	259.53	−0.072%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.63	−0.035%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.80	+0.031%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.78	+0.023%	$16K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.51	−0.081%	$28K	$174K	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	−0.046%	$917K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.66	−0.023%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.63	−0.035%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.51	−0.081%	—	$104K	25x	as long as short
Lighter RH AMZN	+0.0048%	1h	259.75	+0.012%	$723K	$1.5M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AMZN-USD	+0.0050%	1h	259.60	−0.046%	$321K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.67	−0.019%	$652	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.51	−0.081%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0062%	8h	259.75	+0.012%	$2.9M	$4.6M	20x	as long as short
Hotstuff AMZN-PERP	+0.0072%	1h	259.65	−0.027%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.58	−0.054%	$1.5M	$528K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.51	−0.081%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythoslong	+0.0100%	8h	259.72	long leg	$1K	$320	10x
Aevo AMZN-PERP	+0.0104%	1h	259.66	−0.023%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0134%	8h	259.74	+0.006%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDT	+0.0147%	8h	259.84	+0.046%	$3.7M	$3.2M	100x	as long as short
Binance AMZNUSDT	+0.0151%	8h	259.74	+0.008%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.68	−0.017%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0173%	1h	259.62	−0.039%	$29.9M	$11.1M	20x	as long as short
Phoenix AMZN	+0.0185%	1h	259.75	+0.012%	$5K	$77K	20x	as long as short
Nado AMZN-PERP	+0.0192%	1h	259.53	−0.074%	$415K	$118K	20x	as long as short
Injective AMZN/USDC PERPshort	+0.0220%	1h	259.45	−0.104%	$75K	$27K	30x
BloFin AMZN-USDT	+0.0270%	8h	259.77	+0.019%	$180K	$204K	20x	as long as short
Lighter AMZN	+0.0280%	1h	259.72	+0.002%	$811K	$1.1M	20x	as long as short
edgeX AMZNUSDC	+0.0684%	4h	259.70	−0.007%	$28K	$248K	10x	as long as short