Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h −0.006%
Price spread now: Binance against Arcus+0.051%7-day average +0.074% · 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−$35as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 4 days (all we have)−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.051%, 7d avg +0.074%
=Funding pays, the price is against you. Binance is 0.023% cheaper against Arcus than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.074%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMZN-USD | 259.49 | 0.0040 | pay 0.0005% / 1h | 24m 32s | $197K | $240K | 10x |
| Short | Binance AMZNUSDT | 259.62 | 0.0140 | get 0.0140% / 8h | 4h 24m | $16.1M | $29.6M | 20x |
Arcus AMZN-USD
Binance AMZNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- $20.88
- Price spread: +0.051% → +0.074%
- −$2.28
- Slippage, 4 orders
- −$18.3
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$14.19
- Costs to cover
- 0.328%
- Break-even
- 11.8 days
Slippage from Arcus: live order book, 34 min ago; Binance: 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 Arcus live order book, 34 min ago | 3.66 bp | 10.3 bp −$10 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.19 bp | 6.4 bp −$6 | 11.6 bp −$116 | 41.7 bp −$4,174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AMZN_USDC-PERPETUAL | −0.0058% | 1h | 259.43 | −0.023% | $28K | $174K | 10x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.55 | +0.021% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.44 | −0.019% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.69 | +0.077% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.60 | +0.042% | $16K | $1.8M | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.69 | +0.077% | $721K | $1.5M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0032% | 1h | 259.60 | +0.042% | $917K | $2.4M | 10x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.58 | +0.035% | $1.4M | $3.8M | 10x | as long as short |
| Arcus AMZN-USDlong | +0.0040% | 1h | 259.49 | long leg | $197K | $240K | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.51 | +0.008% | — | $104K | 25x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Lighter RH AMZN
Coinbase International AMZN-PERP-INTX
QFEX AMZN-USD
Vest AMZN-USD-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.49 | 0.000% | $320K | $275K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.55 | +0.023% | $662 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.34 | −0.058% | $1.3M | $1.2M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0058% | 8h | 259.66 | +0.066% | $2.9M | $4.6M | 20x | as long as short |
| edgeX AMZNUSDC | +0.0062% | 4h | 259.54 | +0.019% | $28K | $248K | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.57 | +0.031% | $1.5M | $517K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.48 | −0.004% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.58 | +0.035% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.51 | +0.009% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0125% | 8h | 259.60 | +0.040% | $1.8M | $1.1M | — | as long as short |
| tradeXYZ xyz:AMZN | +0.0133% | 1h | 259.54 | +0.019% | $29.8M | $11.0M | 20x | as long as short |
| Binance AMZNUSDTshort | +0.0140% | 8h | 259.62 | +0.051% | $16.1M | $29.6M | 20x | |
| Extended AMZN_24_5-USD | +0.0144% | 1h | 259.56 | +0.025% | $499K | $2.7M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0145% | 8h | 259.64 | +0.058% | $3.7M | $3.2M | 100x | as long as short |
| Nado AMZN-PERP | +0.0159% | 1h | 259.53 | +0.015% | $415K | $118K | 20x | as long as short |
| Phoenix AMZN | +0.0185% | 1h | 259.65 | +0.062% | $5K | $77K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.33 | −0.062% | $75K | $27K | 30x | as long as short |
| Lighter AMZN | +0.0232% | 1h | 259.63 | +0.054% | $808K | $1.1M | 20x | as long as short |
| BloFin AMZN-USDT | +0.0261% | 8h | 259.62 | +0.050% | $180K | $204K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0296% | 1h | 259.52 | +0.012% | $33K | — | 20x | as long as short |
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
OKX AMZN-USDT-SWAP
edgeX AMZNUSDC
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Variational Omni AMZN
tradeXYZ xyz:AMZN
Extended AMZN_24_5-USD
Bybit AMZNUSDT
Nado AMZN-PERP
Phoenix AMZN
Injective AMZN/USDC PERP
Lighter AMZN
BloFin AMZN-USDT
Hotstuff AMZN-PERP