Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.006%
Price spread now: Arcus against Binance−0.051%7-day average −0.073% · 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−$30as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now −0.051%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.022% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AMZNUSDT | 259.97 | 0.0023 | pay 0.0023% / 8h | 21m 36s | $16.0M | $29.4M | 20x |
| Short | Arcus AMZN-USD | 259.84 | 0.0040 | get 0.0005% / 1h | 21m 36s | $197K | $233K | 10x |
Binance AMZNUSDT
Arcus AMZN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Binance. 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
- $3.63
- Price spread: −0.051% → −0.073%
- $2.23
- Slippage, 4 orders
- −$17.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$26.24
- Costs to cover
- 0.321%
- Break-even
- 57.6 days
Slippage from Binance: live order book, 5 min ago; Arcus: live order book, 17 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 Binance live order book, 5 min ago | 0.19 bp | 5.9 bp −$6 | 10.8 bp −$108 | 41.6 bp −$4,157 | doesn't fit |
| Sell Arcus live order book, 17 min ago | 4.23 bp | 9.6 bp −$10 | 11.7 bp −$117 | 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-PERPETUAL | −0.0096% | 1h | 259.76 | −0.082% | $29K | $172K | 10x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.93 | −0.018% | $202K | $207K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 259.95 | −0.008% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.77 | −0.078% | $764K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.01 | +0.015% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 259.94 | −0.014% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.96 | −0.005% | $10K | $1.8M | 10x | as long as short |
| Binance AMZNUSDTlong | +0.0023% | 8h | 259.97 | long leg | $16.0M | $29.4M | 20x | |
| Extended AMZN_24_5-USD | +0.0024% | 1h | 259.91 | −0.024% | $498K | $3.0M | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.94 | −0.012% | $739K | $1.6M | 10x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Extended AMZN_24_5-USD
Lighter RH AMZNShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMZN-USDshort | +0.0040% | 1h | 259.84 | −0.051% | $197K | $233K | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.88 | −0.035% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.85 | −0.047% | $30.0M | $11.2M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.83 | −0.055% | $321K | $287K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.94 | −0.012% | $680 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.64 | −0.128% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0050% | 1h | 259.91 | −0.024% | $1.4M | $3.6M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.54 | −0.166% | $915K | $2.3M | 10x | as long as short |
| BloFin AMZN-USDT | +0.0095% | 8h | 259.96 | −0.005% | $178K | $301K | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.72 | −0.097% | $1.5M | $398K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.81 | −0.062% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.94 | −0.012% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.89 | −0.033% | $14K | $510 | 10x | as long as short |
| Nado AMZN-PERP | +0.0128% | 1h | 259.91 | −0.023% | $414K | $114K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0144% | 1h | 259.84 | −0.051% | $33K | — | 20x | as long as short |
| Lighter AMZN | +0.0168% | 1h | 259.95 | −0.010% | $749K | $1.3M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0186% | 8h | 260.06 | +0.034% | $4.0M | $3.3M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.68 | −0.112% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.89 | −0.032% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0583% | 4h | 259.90 | −0.029% | $28K | $248K | 10x | as long as short |
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
QFEX AMZN-USD
Coinbase International AMZN-PERP-INTX
BloFin AMZN-USDT
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Nado AMZN-PERP
Hotstuff AMZN-PERP
Lighter AMZN
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC