Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against Polymarket Perps−0.031%49s7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1421.423% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.031%, 7d avg −0.007%

Together, before fees+0.121%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of −0.007%). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$2 a day). The two prices were read 49 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	Polymarket Perps AMZN-USD	259.77	0.0050	pay 0.0006% / 1h	38m 42s	$323K	$277K	10x
Short	KuCoin AMZNUSDTM	259.69	0.0100	get 0.0100% / 8h	3h 38m	$1.5M	$505K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket 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 Polymarket PerpsbpFee KuCoinbpOrdersPrice spread, now −0.031%Rate

Funding earned: $10.5
Price spread: −0.031% → −0.007%: −$2.34
Slippage, 4 orders: −$122.27
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$134.1
Costs to cover: 1.423%
Break-even: 96.4 days

Slippage from Polymarket Perps: live order book, 13 min ago; KuCoin: live order book, 2 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 Polymarket Perps live order book, 13 min ago	1.73 bp	5.7 bp −$6	6.3 bp −$63	9.7 bp −$973	doesn't fit
Sell KuCoin live order book, 2 min ago	3.85 bp	36.8 bp −$37	doesn't fit	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	259.80	+0.011%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.73	−0.015%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.92	+0.058%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.88	+0.042%	$14K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.72	−0.019%	$28K	$175K	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0019%	8h	259.86	+0.035%	$2.9M	$4.7M	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.91	+0.054%	$721K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.79	+0.008%	$1.4M	$3.8M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.63	−0.054%	$917K	$2.4M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.75	−0.008%	$197K	$240K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMZN-USD-PERP	+0.0046%	1h	259.77	0.000%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USDlong	+0.0050%	1h	259.77	long leg	$323K	$277K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.79	+0.008%	$669	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.71	−0.023%	$1.3M	$1.2M	10x	as long as short
Variational Omni AMZN	+0.0090%	8h	259.89	+0.048%	$1.8M	$1.1M	—	as long as short
KuCoin AMZNUSDTMshort	+0.0100%	8h	259.69	−0.031%	$1.5M	$505K	20x
ApeX Omni AMZNUSDT	+0.0100%	1h	259.67	−0.038%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.87	+0.038%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.80	+0.012%	$14K	$510	10x	as long as short
Binance AMZNUSDT	+0.0109%	8h	259.89	+0.046%	$16.1M	$29.7M	20x	as long as short
Extended AMZN_24_5-USD	+0.0112%	1h	259.82	+0.018%	$502K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0115%	1h	259.80	+0.012%	$29.8M	$11.2M	20x	as long as short
Nado AMZN-PERP	+0.0126%	1h	259.78	+0.005%	$414K	$112K	20x	as long as short
Hotstuff AMZN-PERP	+0.0184%	1h	259.80	+0.012%	$33K	—	20x	as long as short
Bybit AMZNUSDT	+0.0186%	8h	259.93	+0.062%	$3.7M	$3.2M	100x	as long as short
Lighter AMZN	+0.0192%	1h	259.91	+0.055%	$804K	$1.0M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.62	−0.058%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0230%	8h	259.79	+0.008%	$178K	$205K	20x	as long as short
Phoenix AMZN	+0.0277%	1h	259.90	+0.050%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0374%	4h	259.86	+0.035%	$28K	$248K	10x	as long as short