Funding you earn now, next payment 00:00 UTC−0.0242%/8h= −26.5% APRnext payment −$2.42 per $10,000 · paid last 24h −0.035%
Price spread now: OKX against BloFin+0.023%73s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.023%, 7d avg +0.002%
=The price spread pays, funding is against you. OKX is 0.022% dearer against BloFin than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of +0.002%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.128% in total) that is about 28 hours. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 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 | BloFin AMZN-USDT | 259.34 | 0.0377 | pay 0.0377% / 8h | 15m 55s | $178K | $215K | 20x |
| Short | OKX AMZN-USDT-SWAP | 259.40 | 0.0134 | get 0.0134% / 8h | 15m 55s | $2.9M | $4.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$50.83
- Price spread: +0.023% → +0.002%
- $2.16
- Slippage, 4 orders
- −$13.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$83.93
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 54 min ago; OKX: 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 BloFin live order book, 54 min ago | 0.19 bp | 6.8 bp −$7 | 9.7 bp −$97 | 25.0 bp −$2,502 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.77 bp | 9.7 bp −$10 | 17.1 bp −$171 | 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 | 259.13 | −0.081% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.10 | −0.093% | $765K | $2.6M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.37 | +0.012% | $719K | $1.6M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0032% | 1h | 259.23 | −0.042% | $33K | — | 20x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.15 | −0.073% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.18 | −0.062% | $304K | $315K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.26 | −0.031% | $629 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 258.94 | −0.154% | $1.3M | $1.3M | 10x | as long as short |
| QFEX AMZN-USD | +0.0053% | 1h | 259.26 | −0.031% | $1.4M | $4.5M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.00 | −0.131% | $940K | $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 | 259.12 | −0.085% | $1.5M | $612K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.10 | −0.093% | $92K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.31 | −0.012% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.26 | −0.029% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAPshort | +0.0134% | 8h | 259.40 | +0.023% | $2.9M | $4.4M | 20x | |
| GRVT AMZN_USDT_Perp | +0.0160% | 8h | 259.25 | −0.034% | $7K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0188% | 1h | 259.22 | −0.046% | $28.5M | $10.9M | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0213% | 1h | 259.23 | −0.042% | $27K | $177K | 10x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.03 | −0.120% | $75K | $27K | 30x | as long as short |
| Nado AMZN-PERP | +0.0244% | 1h | 259.16 | −0.068% | $414K | $123K | 20x | as long as short |
| Variational Omni AMZN | +0.0248% | 8h | 259.35 | +0.002% | $1.8M | $1.4M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0256% | 1h | 259.27 | −0.026% | $497K | $2.5M | 10x | as long as short |
| Binance AMZNUSDT | +0.0257% | 8h | 259.32 | −0.007% | $16.2M | $31.0M | 20x | as long as short |
| Arcus AMZN-USD | +0.0274% | 1h | 259.14 | −0.077% | $197K | $233K | 10x | as long as short |
| Bitget AMZNUSDT | +0.0292% | 8h | 259.30 | −0.015% | $4.8M | $4.0M | 100x | as long as short |
| Phoenix AMZN | +0.0309% | 1h | 259.35 | +0.004% | $5K | $98K | 20x | as long as short |
| Lighter AMZN | +0.0344% | 1h | 259.36 | +0.006% | $834K | $1.1M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0350% | 8h | 259.35 | +0.004% | $3.7M | $3.2M | 100x | as long as short |
| BloFin AMZN-USDTlong | +0.0377% | 8h | 259.34 | long leg | $178K | $215K | 20x | |
| edgeX AMZNUSDC | +0.0640% | 4h | 259.23 | −0.044% | $28K | $248K | 10x | as long as short |
BloFin AMZN-USDT
OKX AMZN-USDT-SWAP
Aster AMZNUSDT
Gate AMZN_USDT
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Coinbase International AMZN-PERP-INTX
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
GRVT AMZN_USDT_Perp
tradeXYZ xyz:AMZN
Deribit AMZN_USDC-PERPETUAL
Injective AMZN/USDC PERP
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Bitget AMZNUSDT
Phoenix AMZN
Lighter AMZN
Bybit AMZNUSDT
edgeX AMZNUSDC