AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0216%/8h= −23.6% APRnext payment −$0.27 per $10,000 · paid last 24h −0.025%

Price spread now: QFEX against Arcus+0.081%7-day average +0.055% · 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−$19as in the Price arb table

costs, in and out, $10k−$220.218% of the position

Long on Arcus Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.074%−$7 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.081%, 7d avg +0.055%

Together, before fees−0.072%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.026% dearer against Arcus than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of +0.055%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 3 days (−0.074% in total) that is about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AMZN-USD	258.73	0.0284	pay 0.0035% / 1h	59m 06s	$196K	$239K	10x
Short	QFEX AMZN-USD	258.94	0.0068	get 0.0009% / 1h	59m 06s	$1.4M	$4.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.081%Rate

Funding earned: −$45.26
Price spread: +0.081% → +0.055%: $2.59
Slippage, 4 orders: −$7.33
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$64.5
Costs to cover: 0.218%
Break-even: never at this rate

Slippage from Arcus: live order book, 24 min ago; QFEX: live order book, 4 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, 24 min ago	0.97 bp	3.2 bp −$3	9.5 bp −$95	20.2 bp −$2,024	doesn't fit
Sell QFEX live order book, 4 min ago	1.74 bp	6.7 bp −$7	7.5 bp −$75	14.2 bp −$1,424	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	258.88	+0.058%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.76	+0.012%	$758K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	258.72	−0.004%	$27K	$275K	10x	as long as short
edgeX AMZNUSDC	+0.0040%	4h	258.97	+0.094%	$28K	$248K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.74	+0.004%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.80	+0.027%	$304K	$311K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.87	+0.054%	$637	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.69	−0.015%	$1.3M	$1.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0056%	1h	258.86	+0.050%	$941K	$2.7M	10x	as long as short
QFEX AMZN-USDshort	+0.0068%	1h	258.94	+0.081%	$1.4M	$4.4M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff AMZN-PERP	+0.0088%	1h	258.84	+0.043%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0088%	1h	258.93	+0.077%	$715K	$1.7M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.75	+0.008%	$1.5M	$653K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.71	−0.008%	$92K	$139K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.97	+0.093%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.93	+0.076%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0122%	8h	258.96	+0.089%	$2.9M	$4.4M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0128%	8h	258.99	+0.100%	$12K	$1.7M	10x	as long as short
Variational Omni AMZN	+0.0171%	8h	258.98	+0.097%	$1.8M	$1.6M	—	as long as short
Binance AMZNUSDT	+0.0191%	8h	258.96	+0.089%	$16.1M	$31.7M	20x	as long as short
Extended AMZN_24_5-USD	+0.0192%	1h	258.92	+0.075%	$490K	$2.5M	10x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.65	−0.031%	$74K	$27K	30x	as long as short
tradeXYZ xyz:AMZN	+0.0273%	1h	258.83	+0.039%	$28.2M	$11.3M	20x	as long as short
Bitget AMZNUSDT	+0.0277%	8h	258.98	+0.097%	$4.8M	$4.1M	100x	as long as short
Arcus AMZN-USDlong	+0.0284%	1h	258.73	long leg	$196K	$239K	10x
Bybit AMZNUSDT	+0.0309%	8h	259.03	+0.116%	$3.7M	$3.2M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.03	+0.116%	$5K	$118K	20x	as long as short
BloFin AMZN-USDT	+0.0311%	8h	258.96	+0.089%	$179K	$189K	20x	as long as short
Nado AMZN-PERP	+0.0319%	1h	258.66	−0.029%	$414K	$123K	20x	as long as short
Lighter AMZN	+0.0352%	1h	258.96	+0.087%	$832K	$1.1M	20x	as long as short