Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: tradeXYZ against Deribit+0.015%7-day average −0.020% · 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−$29as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 5 days (all we have)−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.015%, 7d avg −0.020%
=Together, before fees−0.171%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.036% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 5 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMZN_USDC-PERPETUAL | 259.49 | 0 | get 0.0000% / 1h | 48m 16s | $28K | $174K | 10x |
| Short | tradeXYZ xyz:AMZN | 259.53 | 0.0050 | get 0.0006% / 1h | 48m 16s | $29.8M | $11.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.015% → −0.020%
- $3.57
- Slippage, 4 orders
- −$7.68
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$18.61
- Costs to cover
- 0.327%
- Break-even
- 19.4 days
Slippage from Deribit: live order book, 15 min ago; tradeXYZ: live order book, 11 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 Deribit live order book, 15 min ago | 0.19 bp | 3.7 bp −$4 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.38 bp | 10.0 bp −$10 | 13.5 bp −$135 | doesn't fit | doesn't fit |
AMZN on 29 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 | 259.55 | +0.024% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.44 | −0.019% | $762K | $2.7M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.55 | +0.024% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALlong | 0.0000% | 1h | 259.49 | long leg | $28K | $174K | 10x | |
| Bitget AMZNUSDT | +0.0020% | 8h | 259.66 | +0.066% | $4.8M | $3.8M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.67 | +0.069% | $723K | $1.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0033% | 1h | 259.59 | +0.039% | $1.4M | $4.1M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0040% | 1h | 259.53 | +0.015% | $33K | — | 20x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.43 | −0.023% | $932K | $2.4M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.48 | −0.004% | $197K | $240K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.51 | +0.008% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZNshort | +0.0050% | 1h | 259.53 | +0.015% | $29.8M | $11.3M | 20x | |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.44 | −0.019% | $317K | $288K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.58 | +0.035% | $639 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.33 | −0.062% | $1.3M | $1.2M | 10x | as long as short |
| Nado AMZN-PERP | +0.0067% | 1h | 259.53 | +0.015% | $414K | $118K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0079% | 8h | 259.67 | +0.069% | $2.9M | $4.5M | 20x | as long as short |
| Lighter AMZN | +0.0080% | 1h | 259.63 | +0.055% | $824K | $1.1M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.50 | +0.004% | $1.5M | $571K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.40 | −0.035% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.63 | +0.054% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.56 | +0.028% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0198% | 8h | 259.60 | +0.040% | $1.8M | $1.1M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0200% | 1h | 259.58 | +0.035% | $498K | $2.7M | 10x | as long as short |
| Binance AMZNUSDT | +0.0201% | 8h | 259.65 | +0.062% | $16.1M | $29.8M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0216% | 8h | 259.73 | +0.092% | $3.8M | $3.2M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.29 | −0.077% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0247% | 1h | 259.59 | +0.039% | $5K | $77K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0792% | 4h | 259.49 | +0.001% | $28K | $248K | 10x | as long as short |
Deribit AMZN_USDC-PERPETUAL
tradeXYZ xyz:AMZN
Aster AMZNUSDT
Gate AMZN_USDT
GRVT AMZN_USDT_Perp
Bitget AMZNUSDT
Lighter RH AMZN
Coinbase International AMZN-PERP-INTX
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
OKX AMZN-USDT-SWAP
Lighter AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC