AMZN Funding Rate — Amazon tokenized stock perpetuals across 15 venues
Tokenized stock (xStock) perpetual · compared across 15 venues · net of estimated fees · updated every few minutes
AMZN represents tokenized exposure to Amazon shares (a Backed.fi xStock) traded as a perpetual. The perp, its funding and the underlying share are three different things — read the rate with liquidity and the backtest below.
Live annualized AMZN perpetual funding across all 15 venues Perpia tracks. Right now AMZN funding is positive on 11 and negative on 0, ranging from +98.1% on Arcus to +0.0% on Bybit — a spread of 98.1%. The widest delta-neutral trade is long OKX / short Arcus at 95.4% net APR.
AMZN funding trend & liquidity
169h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
AMZN funding rate by venue
73 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Arcus↗ | +98.1% | 1h |
| Variational↗ | +15.5% | 8h |
| Bitget↗ | +14.0% | 8h |
| KuCoin↗ | +10.9% | 8h |
| Ostium↗ | +9.2% | 1h |
| Ondo Perps | +5.5% | 1h |
| Hyperliquid↗ | +5.5% | 1h |
| trade.xyz↗ | +5.5% | 1h |
| Lighter↗ | +3.5% | 8h |
| Nado↗ | +1.3% | 24h |
| GMTrade↗ | +0.0% | 1h |
| OKX↗ | +0.0% | 8h |
| Gate.io↗ | +0.0% | 8h |
| Aster↗ | +0.0% | 8h |
| Bybit↗ | +0.0% | 8h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs Arcus page.
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AMZN funding — FAQ
Is AMZN funding positive right now?
AMZN perpetual funding is positive on 11 of 15 venues Perpia tracks. The highest is +98.1% on Arcus; the lowest is +0.0% on Bybit.
What is the best AMZN funding arbitrage right now?
Go long OKX and short Arcus for about 95.4% net APR after fees — the widest delta-neutral AMZN spread Perpia currently sees.
Which exchange has the highest AMZN funding rate?
Arcus, at +98.1% annualized. Funding shifts continuously, so check the live table above before trading.
How AMZN funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Related tokenized stocks
See the full list on the tokenized stocks hub.