Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.015%
Price spread now: OKX against Coinbase International+0.015%7-day average +0.112% · 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−$42as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.015%, 7d avg +0.112%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.097% cheaper against Coinbase International than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.112%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 259.73 | 0.0024 | pay 0.0003% / 1h | 45m 19s | $911K | $2.3M | 10x |
| Short | OKX AMZN-USDT-SWAP | 259.77 | 0 | get 0.0000% / 8h | 1h 45m | $2.8M | $4.8M | 20x |
Coinbase International AMZN-PERP-INTX
OKX AMZN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Coinbase International. 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
- −$5.04
- Price spread: +0.015% → +0.112%
- −$9.66
- Slippage, 4 orders
- −$12.01
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.72
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 1.54 bp | 7.4 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.58 bp | 7.9 bp −$8 | 15.9 bp −$159 | 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 | −0.0135% | 1h | 259.51 | −0.085% | $28K | $176K | 10x | as long as short |
| Hotstuff AMZN-PERP | −0.0008% | 1h | 259.65 | −0.031% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.76 | +0.013% | $203K | $211K | 20x | as long as short |
| OKX AMZN-USDT-SWAPshort | 0.0000% | 8h | 259.77 | +0.015% | $2.8M | $4.8M | 20x | |
| Gate AMZN_USDT | 0.0000% | 8h | 259.60 | −0.050% | $764K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.85 | +0.046% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 259.81 | +0.029% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.85 | +0.046% | $10K | $1.8M | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0008% | 1h | 259.73 | +0.001% | $502K | $3.1M | 10x | as long as short |
| Binance AMZNUSDT | +0.0010% | 8h | 259.79 | +0.023% | $15.9M | $29.9M | 20x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Hotstuff AMZN-PERP
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Extended AMZN_24_5-USD
Binance AMZNUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMZN-PERP-INTXlong | +0.0024% | 1h | 259.73 | long leg | $911K | $2.3M | 10x | |
| Lighter RH AMZN | +0.0032% | 1h | 259.78 | +0.019% | $725K | $1.6M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.69 | −0.015% | $197K | $240K | 10x | as long as short |
| BloFin AMZN-USDT | +0.0041% | 8h | 259.79 | +0.023% | $177K | $206K | 20x | as long as short |
| QFEX AMZN-USD | +0.0045% | 1h | 259.73 | 0.000% | $1.4M | $3.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.66 | −0.027% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.65 | −0.031% | $30.0M | $11.3M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.59 | −0.054% | $317K | $288K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.73 | 0.000% | $686 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.50 | −0.089% | $1.3M | $1.2M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0096% | 8h | 259.80 | +0.027% | $3.7M | $3.2M | 100x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.68 | −0.019% | $1.5M | $457K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.66 | −0.027% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.73 | 0.000% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.70 | −0.012% | $14K | $510 | 10x | as long as short |
| Lighter AMZN | +0.0112% | 1h | 259.76 | +0.013% | $750K | $1.3M | 20x | as long as short |
| Nado AMZN-PERP | +0.0132% | 1h | 259.64 | −0.036% | $414K | $113K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.53 | −0.077% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0308% | 1h | 259.82 | +0.035% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0742% | 4h | 259.77 | +0.015% | $28K | $250K | 10x | as long as short |
Lighter RH AMZN
Arcus AMZN-USD
BloFin AMZN-USDT
QFEX AMZN-USD
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Bybit AMZNUSDT
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Lighter AMZN
Nado AMZN-PERP
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC