Funding you earn now, next payment 23:00 UTC−0.0279%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h +0.012%
Price spread now: Ondo Perps against Deribit−0.097%7-day average −0.044% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.060%−$6 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.097%, 7d avg −0.044%
=Together, before fees−0.086%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Ondo Perps is 0.053% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.060% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 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 | Deribit AMZN_USDC-PERPETUAL | 258.89 | 0.0330 | pay 0.0041% / 1h | 4m 04s | $27K | $226K | 10x |
| Short | Ondo Perps AMZN-USD.P | 258.64 | 0.0050 | get 0.0006% / 1h | 4m 04s | $1.3M | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- −$58.66
- Price spread: −0.097% → −0.044%
- −$5.28
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$75.94
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 14 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Deribit live order book, 14 min ago | 0.19 bp | 3.7 bp −$4 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 258.92 | +0.012% | $202K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 258.76 | −0.050% | $763K | $2.7M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 258.98 | +0.035% | $715K | $1.7M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0040% | 1h | 258.89 | 0.000% | $33K | — | 20x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 258.73 | −0.062% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 258.82 | −0.027% | $304K | $315K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 258.88 | −0.004% | $635 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.Pshort | +0.0050% | 1h | 258.64 | −0.097% | $1.3M | $1.3M | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0056% | 1h | 258.71 | −0.070% | $940K | $2.7M | 10x | as long as short |
| QFEX AMZN-USD | +0.0066% | 1h | 258.87 | −0.008% | $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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AMZNUSDTM | +0.0100% | 8h | 258.66 | −0.089% | $1.5M | $635K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 258.70 | −0.073% | $92K | $134K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 258.91 | +0.008% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 258.88 | −0.006% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0116% | 8h | 259.01 | +0.046% | $2.9M | $4.4M | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0129% | 8h | 258.87 | −0.007% | $10K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0145% | 1h | 258.89 | 0.000% | $28.4M | $11.0M | 20x | as long as short |
| Variational Omni AMZN | +0.0196% | 8h | 258.92 | +0.010% | $1.8M | $1.4M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0208% | 1h | 258.92 | +0.012% | $490K | $2.5M | 10x | as long as short |
| Binance AMZNUSDT | +0.0210% | 8h | 258.97 | +0.031% | $16.1M | $31.4M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 258.64 | −0.097% | $74K | $27K | 30x | as long as short |
| Nado AMZN-PERP | +0.0220% | 1h | 258.75 | −0.052% | $414K | $123K | 20x | as long as short |
| Lighter AMZN | +0.0264% | 1h | 259.00 | +0.042% | $833K | $1.1M | 20x | as long as short |
| Bitget AMZNUSDT | +0.0276% | 8h | 258.95 | +0.023% | $4.8M | $4.0M | 100x | as long as short |
| Arcus AMZN-USD | +0.0284% | 1h | 258.78 | −0.042% | $196K | $233K | 10x | as long as short |
| Bybit AMZNUSDT | +0.0328% | 8h | 259.05 | +0.062% | $3.7M | $3.3M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUALlong | +0.0330% | 1h | 258.89 | long leg | $27K | $226K | 10x | |
| BloFin AMZN-USDT | +0.0330% | 8h | 258.91 | +0.008% | $178K | $188K | 20x | as long as short |
| Phoenix AMZN | +0.0340% | 1h | 258.96 | +0.027% | $5K | $118K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0792% | 4h | 258.85 | −0.017% | $28K | $247K | 10x | as long as short |
Deribit AMZN_USDC-PERPETUAL
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
OKX AMZN-USDT-SWAP
GRVT AMZN_USDT_Perp
tradeXYZ xyz:AMZN
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Injective AMZN/USDC PERP
Lighter AMZN
Bitget AMZNUSDT
Bybit AMZNUSDT
BloFin AMZN-USDT
Phoenix AMZN
edgeX AMZNUSDC