Funding you earn now, next payment 00:00 UTC−0.0217%/8h= −23.7% APRnext payment −$2.17 per $10,000 · paid last 24h −0.049%
Price spread now: OKX against Bybit−0.004%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.004%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.17 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 | Bybit AMZNUSDT | 259.41 | 0.0352 | pay 0.0352% / 8h | 17m 53s | $3.7M | $3.2M | 100x |
| Short | OKX AMZN-USDT-SWAP | 259.40 | 0.0135 | get 0.0135% / 8h | 17m 53s | $2.9M | $4.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$45.53
- Price spread: −0.004% → +0.004%
- −$0.77
- Slippage, 4 orders
- −$33.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$100.4
- Costs to cover
- 0.541%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 3.66 bp | 15.4 bp −$15 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.58 bp | 9.2 bp −$9 | 16.3 bp −$163 | 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 | −0.108% | $203K | $211K | 20x | as long as short |
| Hotstuff AMZN-PERP | 0.0000% | 1h | 259.24 | −0.066% | $33K | — | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.12 | −0.112% | $765K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0020% | 1h | 259.21 | −0.077% | $27K | $177K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.37 | −0.015% | $719K | $1.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.11 | −0.116% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.21 | −0.077% | $304K | $315K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.27 | −0.054% | $626 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 258.94 | −0.181% | $1.3M | $1.3M | 10x | as long as short |
| QFEX AMZN-USD | +0.0053% | 1h | 259.26 | −0.058% | $1.4M | $4.5M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.00 | −0.158% | $940K | $2.7M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.13 | −0.108% | $1.5M | $614K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.08 | −0.127% | $92K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.28 | −0.050% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.24 | −0.067% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAPshort | +0.0135% | 8h | 259.40 | −0.004% | $2.9M | $4.4M | 20x | |
| GRVT AMZN_USDT_Perp | +0.0157% | 8h | 259.37 | −0.017% | $7K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0195% | 1h | 259.23 | −0.069% | $28.5M | $10.9M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.49 | +0.031% | $75K | $27K | 30x | as long as short |
| Variational Omni AMZN | +0.0243% | 8h | 259.26 | −0.056% | $1.8M | $1.4M | — | as long as short |
| Nado AMZN-PERP | +0.0246% | 1h | 259.13 | −0.106% | $414K | $123K | 20x | as long as short |
| Binance AMZNUSDT | +0.0256% | 8h | 259.34 | −0.027% | $16.2M | $31.0M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0256% | 1h | 259.30 | −0.042% | $497K | $2.5M | 10x | as long as short |
| Arcus AMZN-USD | +0.0274% | 1h | 259.21 | −0.077% | $197K | $233K | 10x | as long as short |
| Bitget AMZNUSDT | +0.0293% | 8h | 259.30 | −0.042% | $4.8M | $4.0M | 100x | as long as short |
| Phoenix AMZN | +0.0309% | 1h | 259.21 | −0.077% | $5K | $98K | 20x | as long as short |
| Bybit AMZNUSDTlong | +0.0352% | 8h | 259.41 | long leg | $3.7M | $3.2M | 100x | |
| Lighter AMZN | +0.0352% | 1h | 259.37 | −0.017% | $834K | $1.1M | 20x | as long as short |
| BloFin AMZN-USDT | +0.0375% | 8h | 259.25 | −0.062% | $178K | $215K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0803% | 4h | 259.35 | −0.024% | $28K | $247K | 10x | as long as short |
Bybit AMZNUSDT
OKX AMZN-USDT-SWAP
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
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
Injective AMZN/USDC PERP
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bitget AMZNUSDT
Phoenix AMZN
Lighter AMZN
BloFin AMZN-USDT
edgeX AMZNUSDC