Funding you earn now, next payment 23:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.010%
Price spread now: Arcus against ApeX Omni+0.019%53s7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.569% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.019%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Arcus is 0.044% dearer against ApeX Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.004% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni AMZNUSDT | 258.69 | 0.0100 | pay 0.0013% / 1h | 6m 19s | $92K | $134K | 50x |
| Short | Arcus AMZN-USD | 258.74 | 0.0284 | get 0.0035% / 1h | 6m 19s | $196K | $233K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $38.61
- Price spread: +0.019% → −0.025%
- $4.44
- Slippage, 4 orders
- −$42.39
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$13.84
- Costs to cover
- 0.569%
- Break-even
- 9.5 days
Slippage from ApeX Omni: live order book, 9 min ago; Arcus: live order book, 12 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 ApeX Omni live order book, 9 min ago | 2.51 bp | 23.8 bp −$24 | 406.1 bp −$4,061 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 12 min ago | 1.35 bp | 5.6 bp −$6 | 5.9 bp −$59 | 14.6 bp −$1,455 | 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 | 258.92 | +0.089% | $202K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 258.70 | +0.004% | $763K | $2.7M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 258.90 | +0.081% | $715K | $1.7M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0032% | 1h | 258.81 | +0.046% | $33K | — | 20x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 258.71 | +0.008% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 258.76 | +0.027% | $304K | $315K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 258.84 | +0.058% | $627 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 258.58 | −0.043% | $1.3M | $1.3M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0056% | 1h | 258.71 | +0.008% | $940K | $2.7M | 10x | as long as short |
| QFEX AMZN-USD | +0.0066% | 1h | 258.83 | +0.054% | $1.4M | $4.5M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AMZNUSDTM | +0.0100% | 8h | 258.62 | −0.027% | $1.5M | $635K | 20x | as long as short |
| ApeX Omni AMZNUSDTlong | +0.0100% | 1h | 258.69 | long leg | $92K | $134K | 50x | |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 258.86 | +0.066% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 258.83 | +0.054% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0115% | 8h | 258.96 | +0.104% | $2.9M | $4.4M | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0129% | 8h | 258.87 | +0.071% | $10K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0143% | 1h | 258.82 | +0.050% | $28.4M | $11.0M | 20x | as long as short |
| Variational Omni AMZN | +0.0195% | 8h | 258.87 | +0.068% | $1.8M | $1.4M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0208% | 1h | 258.86 | +0.065% | $490K | $2.5M | 10x | as long as short |
| Binance AMZNUSDT | +0.0209% | 8h | 258.91 | +0.085% | $16.1M | $31.4M | 20x | as long as short |
| Nado AMZN-PERP | +0.0219% | 1h | 258.69 | +0.001% | $414K | $123K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 258.63 | −0.023% | $74K | $27K | 30x | as long as short |
| Lighter AMZN | +0.0264% | 1h | 258.93 | +0.093% | $832K | $1.1M | 20x | as long as short |
| Bitget AMZNUSDT | +0.0277% | 8h | 258.90 | +0.081% | $4.8M | $4.0M | 100x | as long as short |
| Arcus AMZN-USDshort | +0.0284% | 1h | 258.74 | +0.019% | $196K | $233K | 10x | |
| Bybit AMZNUSDT | +0.0328% | 8h | 258.96 | +0.104% | $3.7M | $3.3M | 100x | as long as short |
| BloFin AMZN-USDT | +0.0330% | 8h | 258.87 | +0.070% | $178K | $188K | 20x | as long as short |
| Phoenix AMZN | +0.0340% | 1h | 258.91 | +0.085% | $5K | $118K | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0369% | 1h | 258.83 | +0.054% | $27K | $226K | 10x | as long as short |
| edgeX AMZNUSDC | +0.0761% | 4h | 258.83 | +0.055% | $28K | $247K | 10x | as long as short |
ApeX Omni AMZNUSDT
Aster AMZNUSDT
Gate AMZN_USDT
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Coinbase International AMZN-PERP-INTX
KuCoin AMZNUSDTM
OKX AMZN-USDT-SWAP
GRVT AMZN_USDT_Perp
tradeXYZ xyz:AMZN
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Injective AMZN/USDC PERP
Lighter AMZN
Bitget AMZNUSDT
Bybit AMZNUSDT
BloFin AMZN-USDT
Phoenix AMZN
Deribit AMZN_USDC-PERPETUAL
edgeX AMZNUSDC