AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.010%

Price spread now: Phoenix against Extended+0.048%88s7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.312% of the position

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.048%, 7d avg −0.021%

Together, before fees+0.037%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.069% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMZN_24_5-USD	258.82	0.0208	pay 0.0026% / 1h	15m 44s	$490K	$2.5M	10x
Short	Phoenix AMZN	258.94	0.0340	get 0.0042% / 1h	15m 44s	$5K	$118K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee PhoenixbpOrdersPrice spread, now +0.048%Rate

Funding earned: $27.68
Price spread: +0.048% → −0.021%: $6.86
Slippage, 4 orders: −$19.22
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $3.31
Costs to cover: 0.312%
Break-even: 6.2 days

Slippage from Extended: live order book, 3 min ago; Phoenix: live order book, 59 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 Extended live order book, 3 min ago	1.16 bp	7.2 bp −$7	31.7 bp −$317	doesn't fit	doesn't fit
Sell Phoenix live order book, 59 min ago	2.70 bp	8.6 bp −$9	17.7 bp −$177	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	258.92	+0.040%	$202K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	258.71	−0.041%	$763K	$2.7M	100x	as long as short
Hotstuff AMZN-PERP	+0.0024%	1h	258.81	−0.002%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	258.88	+0.025%	$716K	$1.7M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.68	−0.053%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.78	−0.014%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.81	−0.002%	$628	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.56	−0.099%	$1.3M	$1.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0056%	1h	258.71	−0.041%	$940K	$2.7M	10x	as long as short
QFEX AMZN-USD	+0.0066%	1h	258.81	−0.002%	$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
edgeX AMZNUSDC	+0.0068%	4h	258.93	+0.045%	$28K	$248K	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	258.64	−0.068%	$1.5M	$642K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.77	−0.018%	$92K	$134K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	258.85	+0.013%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	258.83	+0.005%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0113%	8h	258.89	+0.028%	$2.9M	$4.4M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0131%	1h	258.78	−0.014%	$28.4M	$11.1M	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0133%	8h	258.93	+0.043%	$10K	$1.8M	10x	as long as short
Variational Omni AMZN	+0.0195%	8h	258.96	+0.057%	$1.8M	$1.4M	—	as long as short
Extended AMZN_24_5-USDlong	+0.0208%	1h	258.82	long leg	$490K	$2.5M	10x
Binance AMZNUSDT	+0.0210%	8h	258.86	+0.017%	$16.1M	$31.5M	20x	as long as short
Nado AMZN-PERP	+0.0215%	1h	258.71	−0.041%	$414K	$123K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	258.68	−0.053%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0264%	1h	258.90	+0.033%	$832K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0278%	8h	258.89	+0.028%	$4.8M	$4.0M	100x	as long as short
Arcus AMZN-USD	+0.0284%	1h	258.75	−0.026%	$196K	$236K	10x	as long as short
Bybit AMZNUSDT	+0.0325%	8h	258.93	+0.044%	$3.7M	$3.3M	100x	as long as short
BloFin AMZN-USDT	+0.0330%	8h	258.94	+0.048%	$179K	$188K	20x	as long as short
Phoenix AMZNshort	+0.0340%	1h	258.94	+0.048%	$5K	$118K	20x
Deribit AMZN_USDC-PERPETUAL	+0.0369%	1h	258.78	−0.014%	$27K	$226K	10x	as long as short