Funding you earn now, next payment 16:00 UTC−0.0474%/8h= −51.9% APRnext payment −$4.74 per $10,000 · paid last 24h −0.079%
Price spread now: Gate against Bybit−0.084%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.084%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.030% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.74 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMZNUSDT | 260.67 | 0.0474 | pay 0.0474% / 8h | 6h 19m | $4.3M | $3.5M | 100x |
| Short | Gate AMZN_USDT | 260.45 | 0 | get 0.0000% / 8h | 6h 19m | $779K | $2.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$99.51
- Price spread: −0.084% → −0.055%
- −$2.96
- Slippage, 4 orders
- −$30.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$158.57
- Costs to cover
- 0.561%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: 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 Bybit live order book, 1 min ago | 3.64 bp | 13.2 bp −$13 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.03 bp | 17.6 bp −$18 | 28.4 bp −$284 | doesn't fit | doesn't fit |
AMZN on 30 exchanges
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 | 260.49 | −0.070% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDTshort | 0.0000% | 8h | 260.45 | −0.084% | $779K | $2.6M | 100x | |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.61 | −0.023% | $4.9M | $4.2M | 100x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0001% | 8h | 260.70 | +0.012% | $2.9M | $4.7M | 20x | as long as short |
| edgeX AMZNUSDC | +0.0024% | 4h | 260.54 | −0.049% | $28K | $249K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.53 | −0.054% | $717K | $1.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 260.46 | −0.081% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 260.41 | −0.100% | $323K | $283K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 260.54 | −0.050% | $701 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 260.19 | −0.184% | $1.3M | $1.0M | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AMZN_USDC-PERPETUAL | +0.0057% | 1h | 260.46 | −0.081% | $29K | $138K | 10x | as long as short |
| QFEX AMZN-USD | +0.0063% | 1h | 260.50 | −0.065% | $1.4M | $3.5M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 260.38 | −0.111% | $923K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0098% | 1h | 260.42 | −0.096% | $30.1M | $11.4M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 260.40 | −0.104% | $1.5M | $463K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 260.32 | −0.134% | $93K | $140K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.58 | −0.035% | $1K | $331 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 260.53 | −0.054% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0105% | 8h | 260.62 | −0.021% | $1.8M | $1.0M | — | as long as short |
| Binance AMZNUSDT | +0.0126% | 8h | 260.61 | −0.023% | $16.3M | $30.4M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0128% | 1h | 260.50 | −0.066% | $501K | $3.0M | 10x | as long as short |
| Arcus AMZN-USD | +0.0142% | 1h | 260.39 | −0.107% | $198K | $205K | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0160% | 1h | 260.44 | −0.088% | $33K | — | 20x | as long as short |
| Phoenix AMZN | +0.0215% | 1h | 260.48 | −0.073% | $5K | $84K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.71 | +0.015% | $75K | $27K | 30x | as long as short |
| Nado AMZN-PERP | +0.0226% | 1h | 260.38 | −0.110% | $413K | $112K | 20x | as long as short |
| BloFin AMZN-USDT | +0.0242% | 8h | 260.57 | −0.038% | $181K | $313K | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0262% | 8h | 260.54 | −0.051% | $12K | $1.8M | 10x | as long as short |
| Lighter AMZN | +0.0272% | 1h | 260.61 | −0.024% | $730K | $1.3M | 20x | as long as short |
| Bybit AMZNUSDTlong | +0.0474% | 8h | 260.67 | long leg | $4.3M | $3.5M | 100x |
Bybit AMZNUSDT
Gate AMZN_USDT
Aster AMZNUSDT
Bitget AMZNUSDT
OKX AMZN-USDT-SWAP
edgeX AMZNUSDC
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Deribit AMZN_USDC-PERPETUAL
Coinbase International AMZN-PERP-INTX
tradeXYZ xyz:AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Phoenix AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
GRVT AMZN_USDT_Perp
Lighter AMZN