Funding you earn now, next payment 01:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Coinbase International+0.004%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 3 days (all we have)−0.096%−$10 on $10k
+Price spread, last 3 days (all we have)+0.026%+$3 · spread now +0.004%, 7d avg +0.094%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.090% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.094%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 259.27 | 0.0072 | pay 0.0009% / 1h | 40m 28s | $940K | $2.4M | 10x |
| Short | QFEX AMZN-USD | 259.28 | 0.0049 | get 0.0006% / 1h | 40m 28s | $1.4M | $4.2M | 10x |
Coinbase International AMZN-PERP-INTX
QFEX AMZN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.92
- Price spread: +0.004% → +0.094%
- −$9.04
- Slippage, 4 orders
- −$8.61
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$42.58
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; QFEX: live order book, 3 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 | 2.12 bp | 8.0 bp −$8 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.74 bp | 6.7 bp −$7 | 8.2 bp −$82 | 15.0 bp −$1,501 | 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 | 259.18 | −0.036% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.11 | −0.062% | $767K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.10 | −0.066% | $28K | $173K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.31 | +0.015% | $717K | $1.5M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.23 | −0.015% | $197K | $241K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.15 | −0.046% | — | $104K | 25x | as long as short |
| QFEX AMZN-USDshort | +0.0049% | 1h | 259.28 | +0.004% | $1.4M | $4.2M | 10x | |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.15 | −0.046% | $311K | $282K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.26 | −0.004% | $634 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.05 | −0.085% | $1.3M | $1.2M | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Arcus AMZN-USD
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.PShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMZN-PERP-INTXlong | +0.0072% | 1h | 259.27 | long leg | $940K | $2.4M | 10x | |
| GRVT AMZN_USDT_Perp | +0.0074% | 8h | 259.45 | +0.068% | $14K | $1.8M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.20 | −0.027% | $1.5M | $596K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.19 | −0.031% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.25 | −0.008% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.16 | −0.041% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0108% | 8h | 259.33 | +0.023% | $2.9M | $4.5M | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0112% | 1h | 259.25 | −0.008% | $33K | — | 20x | as long as short |
| Bitget AMZNUSDT | +0.0127% | 8h | 259.31 | +0.015% | $4.8M | $3.8M | 100x | as long as short |
| Nado AMZN-PERP | +0.0153% | 1h | 259.16 | −0.041% | $413K | $122K | 20x | as long as short |
| Lighter AMZN | +0.0208% | 1h | 259.27 | 0.000% | $824K | $1.1M | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0210% | 1h | 259.25 | −0.008% | $29.5M | $11.0M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.12 | −0.058% | $75K | $27K | 30x | as long as short |
| Variational Omni AMZN | +0.0255% | 8h | 259.31 | +0.013% | $1.7M | $1.1M | — | as long as short |
| Binance AMZNUSDT | +0.0256% | 8h | 259.24 | −0.012% | $16.2M | $29.6M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0256% | 1h | 259.18 | −0.035% | $498K | $2.7M | 10x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.34 | +0.027% | $5K | $78K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0289% | 8h | 259.35 | +0.031% | $3.7M | $3.1M | 100x | as long as short |
| BloFin AMZN-USDT | +0.0380% | 8h | 259.40 | +0.050% | $178K | $215K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0898% | 4h | 259.37 | +0.040% | $28K | $247K | 10x | as long as short |
GRVT AMZN_USDT_Perp
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
OKX AMZN-USDT-SWAP
Hotstuff AMZN-PERP
Bitget AMZNUSDT
Nado AMZN-PERP
Lighter AMZN
tradeXYZ xyz:AMZN
Injective AMZN/USDC PERP
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Phoenix AMZN
Bybit AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC