Funding arb · Price arb /

AMZN

RWAall AMZN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0129%/8hpaid last 24h −0.012%

Price spread now: Nado against Variational Omni+0.012%7-day average −0.036% · you sell dearer than you buy

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

Long on Variational Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.096%−$10 on $10k

Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.012%, 7d avg −0.036%

Together, before fees−0.156%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Nado is 0.048% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 3 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AMZN	259.25	0.0035	pay 0.0035% / 8h	4h 23m	$1.5M	$1.4M	—
Short	Nado AMZN-PERP	259.29	0.0164	get 0.0021% / 1h	23m 06s	$418K	$125K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Variational Omni. 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 Variational OmnibpFee NadobpOrdersPrice spread, now +0.012%Rate

Funding earned: $27.05
Price spread: +0.012% → −0.036%: $4.83
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $24.88
Costs to cover: 0.070%
Break-even: 0.6 days

Slippage unknown: Variational Omni: RFQ quote, just now; Nado: live order book, 9 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 Variational Omni RFQ quote, just now	2.10 bp	doesn't fit	10.8 bp −$108	doesn't fit	doesn't fit
Sell Nado live order book, 9 min ago	0.19 bp	9.5 bp −$9	22.1 bp −$221	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	259.40	+0.056%	$192K	$176K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.33	+0.029%	$751K	$2.5M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.42	+0.064%	$8K	$1.5M	10x	as long as short
Injective AMZN/USDC PERP	+0.0001%	1h	259.32	+0.025%	$75K	$21K	30x	as long as short
Hotstuff AMZN-PERP	+0.0024%	1h	259.33	+0.029%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.58	+0.125%	$697K	$1.6M	10x	as long as short
Variational Omni AMZNlong	+0.0035%	8h	259.25	long leg	$1.5M	$1.4M	—
Vest AMZN-USD-PERP	+0.0046%	1h	259.26	+0.002%	—	$11K	25x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0048%	1h	259.24	−0.006%	$922K	$2.5M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0049%	8h	259.60	+0.133%	$3.0M	$4.3M	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMZN	+0.0050%	1h	259.28	+0.010%	$28.5M	$9.8M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.29	+0.014%	$306K	$308K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.45	+0.075%	$623	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.35	+0.037%	$1.3M	$1.2M	10x	as long as short
Extended AMZN_24_5-USD	+0.0056%	1h	259.46	+0.079%	$492K	$2.5M	10x	as long as short
QFEX AMZN-USD	+0.0056%	1h	259.49	+0.091%	$1.4M	$4.2M	10x	as long as short
Binance AMZNUSDT	+0.0059%	8h	259.51	+0.098%	$16.1M	$29.9M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.29	+0.014%	$1.5M	$648K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.26	+0.002%	$93K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.50	+0.095%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.45	+0.076%	$14K	$510	10x	as long as short
Bybit AMZNUSDT	+0.0136%	8h	259.56	+0.118%	$3.7M	$3.1M	100x	as long as short
Phoenix AMZN	+0.0155%	1h	259.39	+0.052%	$5K	$118K	20x	as long as short
Nado AMZN-PERPshort	+0.0164%	1h	259.29	+0.012%	$418K	$125K	20x
Deribit AMZN_USDC-PERPETUAL	+0.0174%	1h	259.41	+0.060%	$27K	$274K	10x	as long as short
BloFin AMZN-USDT	+0.0179%	8h	259.51	+0.098%	$185K	$182K	20x	as long as short
Bitget AMZNUSDT	+0.0207%	8h	259.49	+0.091%	$4.7M	$3.7M	100x	as long as short
Lighter AMZN	+0.0240%	1h	259.60	+0.131%	$802K	$1.1M	20x	as long as short
Arcus AMZN-USD	+0.0242%	1h	259.29	+0.014%	$197K	$233K	10x	as long as short
edgeX AMZNUSDC	+0.0472%	4h	259.42	+0.065%	$28K	$247K	10x	as long as short