Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.040%
Price spread now: Bybit against Binance+0.058%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.058%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AMZNUSDT | 259.67 | 0.0111 | pay 0.0111% / 8h | 3h 50m | $16.1M | $29.7M | 20x |
| Short | Bybit AMZNUSDT | 259.82 | 0.0166 | get 0.0166% / 8h | 3h 50m | $3.7M | $3.2M | 100x |
Binance AMZNUSDT
Bybit AMZNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $11.59
- Price spread: +0.058% → +0.004%
- $5.39
- Slippage, 4 orders
- −$15.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.11
- Costs to cover
- 0.361%
- Break-even
- 18.5 days
Slippage from Binance: live order book, 6 min ago; Bybit: 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 Binance live order book, 6 min ago | 0.19 bp | 5.6 bp −$6 | 9.7 bp −$97 | 41.6 bp −$4,163 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.15 bp | 12.9 bp −$13 | 22.9 bp −$229 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMZNUSDT | 0.0000% | 8h | 259.52 | −0.056% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.52 | −0.058% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.78 | +0.042% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.70 | +0.013% | $14K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.51 | −0.062% | $28K | $175K | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0025% | 8h | 259.72 | +0.019% | $2.9M | $4.7M | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.69 | +0.008% | $719K | $1.5M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0032% | 1h | 259.58 | −0.035% | $33K | — | 20x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.65 | −0.008% | $1.4M | $3.8M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.60 | −0.027% | $917K | $2.4M | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
OKX AMZN-USDT-SWAP
Lighter RH AMZN
Hotstuff AMZN-PERP
QFEX AMZN-USD
Coinbase International AMZN-PERP-INTXShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMZN-USD | +0.0040% | 1h | 259.57 | −0.039% | $197K | $240K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.51 | −0.062% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.54 | −0.050% | $322K | $277K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.60 | −0.027% | $669 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.36 | −0.119% | $1.3M | $1.2M | 10x | as long as short |
| Variational Omni AMZN | +0.0089% | 8h | 259.68 | +0.002% | $1.8M | $1.1M | — | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.54 | −0.050% | $1.5M | $506K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.52 | −0.058% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.65 | −0.008% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.59 | −0.032% | $14K | $510 | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0110% | 1h | 259.58 | −0.035% | $29.8M | $11.2M | 20x | as long as short |
| Binance AMZNUSDTlong | +0.0111% | 8h | 259.67 | long leg | $16.1M | $29.7M | 20x | |
| Extended AMZN_24_5-USD | +0.0112% | 1h | 259.60 | −0.027% | $498K | $2.7M | 10x | as long as short |
| Nado AMZN-PERP | +0.0127% | 1h | 259.50 | −0.065% | $415K | $112K | 20x | as long as short |
| Bybit AMZNUSDTshort | +0.0166% | 8h | 259.82 | +0.058% | $3.7M | $3.2M | 100x | |
| Lighter AMZN | +0.0168% | 1h | 259.66 | −0.002% | $803K | $1.0M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.42 | −0.096% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0232% | 8h | 259.67 | 0.000% | $178K | $204K | 20x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.73 | +0.023% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0866% | 4h | 259.68 | +0.004% | $28K | $248K | 10x | as long as short |
Arcus AMZN-USD
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Variational Omni AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
tradeXYZ xyz:AMZN
Extended AMZN_24_5-USD
Nado AMZN-PERP
Lighter AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
Phoenix AMZN
edgeX AMZNUSDC