AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h −0.034%

Price spread now: Deribit against Arcus−0.027%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on Arcus Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.027%, 7d avg +0.015%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.042% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.015%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.033% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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	Arcus AMZN-USD	259.85	0.0040	pay 0.0005% / 1h	19m 32s	$197K	$233K	10x
Short	Deribit AMZN_USDC-PERPETUAL	259.78	−0.0173	pay 0.0022% / 1h	19m 32s	$29K	$172K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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 ArcusbpFee DeribitbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$44.84
Price spread: −0.027% → +0.015%: −$4.19
Slippage, 4 orders: −$22.28
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$82.81
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from Arcus: live order book, 19 min ago; Deribit: live order book, 19 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, 19 min ago	4.23 bp	10.3 bp −$10	15.1 bp −$151	doesn't fit	doesn't fit
Sell Deribit live order book, 19 min ago	0.19 bp	3.7 bp −$4	4.4 bp −$44	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
Deribit AMZN_USDC-PERPETUALshort	−0.0173%	1h	259.78	−0.027%	$29K	$172K	10x
Aster AMZNUSDT	0.0000%	8h	259.92	+0.027%	$202K	$207K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.99	+0.054%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.79	−0.023%	$764K	$2.6M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	260.02	+0.065%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.98	+0.048%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.98	+0.050%	$10K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0022%	8h	259.96	+0.041%	$16.0M	$29.4M	20x	as long as short
Extended AMZN_24_5-USD	+0.0024%	1h	259.89	+0.015%	$498K	$3.0M	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.96	+0.042%	$739K	$1.6M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus AMZN-USDlong	+0.0040%	1h	259.85	long leg	$197K	$233K	10x
Vest AMZN-USD-PERP	+0.0046%	1h	259.88	+0.012%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.83	−0.008%	$30.0M	$11.2M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.81	−0.015%	$321K	$287K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.91	+0.023%	$682	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.64	−0.081%	$1.3M	$1.1M	10x	as long as short
QFEX AMZN-USD	+0.0050%	1h	259.91	+0.023%	$1.4M	$3.6M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	259.88	+0.012%	$916K	$2.3M	10x	as long as short
BloFin AMZN-USDT	+0.0092%	8h	259.97	+0.046%	$178K	$301K	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.70	−0.058%	$1.5M	$396K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.80	−0.019%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.99	+0.054%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.91	+0.023%	$14K	$510	10x	as long as short
Nado AMZN-PERP	+0.0121%	1h	259.85	0.000%	$414K	$114K	20x	as long as short
Hotstuff AMZN-PERP	+0.0144%	1h	259.89	+0.015%	$33K	—	20x	as long as short
Lighter AMZN	+0.0160%	1h	259.95	+0.040%	$749K	$1.3M	20x	as long as short
Bybit AMZNUSDT	+0.0186%	8h	260.02	+0.065%	$4.0M	$3.3M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.68	−0.065%	$75K	$27K	30x	as long as short
Phoenix AMZN	+0.0277%	1h	259.99	+0.054%	$5K	$78K	20x	as long as short
edgeX AMZNUSDC	+0.0907%	4h	259.91	+0.022%	$28K	$249K	10x	as long as short