AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.024%

Price spread now: Polymarket Perps against Arcus−0.042%7-day average −0.006% · 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−$25as in the Price arb table

costs, in and out, $10k−$220.217% of the position

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.042%−$4 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.042%, 7d avg −0.006%

Together, before fees+0.020%+$2 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 Polymarket Perps is 0.037% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.006%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.042% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 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	259.31	0.0254	pay 0.0032% / 1h	54m 04s	$197K	$242K	10x
Short	Polymarket Perps AMZN-USD	259.20	0.0050	get 0.0006% / 1h	54m 04s	$304K	$279K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$42.94
Price spread: −0.042% → −0.006%: −$3.67
Slippage, 4 orders: −$9.22
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$68.33
Costs to cover: 0.217%
Break-even: never at this rate

Slippage from Arcus: live order book, 19 min ago; Polymarket Perps: live order book, 18 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	0.77 bp	3.0 bp −$3	10.7 bp −$107	20.8 bp −$2,076	doesn't fit
Sell Polymarket Perps live order book, 18 min ago	1.54 bp	5.5 bp −$6	7.1 bp −$71	9.5 bp −$950	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	259.22	−0.036%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.24	−0.027%	$765K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.21	−0.039%	$27K	$178K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.44	+0.050%	$718K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.16	−0.058%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USDshort	+0.0050%	1h	259.20	−0.042%	$304K	$279K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.32	+0.004%	$610	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.09	−0.085%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.27	−0.015%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.08	−0.089%	$939K	$2.7M	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	259.24	−0.027%	$1.5M	$606K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.21	−0.039%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.34	+0.012%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.31	+0.001%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0136%	8h	259.41	+0.039%	$2.9M	$4.4M	20x	as long as short
Bybit AMZNUSDT	+0.0178%	8h	259.46	+0.058%	$3.7M	$3.2M	100x	as long as short
Hotstuff AMZN-PERP	+0.0192%	1h	259.29	−0.008%	$33K	—	20x	as long as short
tradeXYZ xyz:AMZN	+0.0218%	1h	259.32	+0.004%	$28.6M	$10.8M	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.21	−0.039%	$75K	$27K	30x	as long as short
edgeX AMZNUSDC	+0.0220%	4h	259.43	+0.048%	$28K	$247K	10x	as long as short
Nado AMZN-PERP	+0.0243%	1h	259.16	−0.058%	$414K	$123K	20x	as long as short
Arcus AMZN-USDlong	+0.0254%	1h	259.31	long leg	$197K	$242K	10x
Variational Omni AMZN	+0.0267%	8h	259.50	+0.075%	$1.8M	$1.4M	—	as long as short
Lighter AMZN	+0.0272%	1h	259.43	+0.047%	$833K	$1.1M	20x	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.30	−0.004%	$497K	$2.5M	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0273%	8h	259.45	+0.054%	$9K	$1.8M	10x	as long as short
Binance AMZNUSDT	+0.0275%	8h	259.39	+0.031%	$16.1M	$30.8M	20x	as long as short
Bitget AMZNUSDT	+0.0291%	8h	259.33	+0.008%	$4.8M	$3.9M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.43	+0.046%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0395%	8h	259.32	+0.004%	$177K	$216K	20x	as long as short