Funding you earn now, next payment 00:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.017%
Price spread now: Arcus against Ondo Perps+0.066%7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.066%, 7d avg +0.025%
=Together, before fees−0.005%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Arcus is 0.040% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.025%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 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 | Ondo Perps AMZN-USD.P | 258.94 | 0.0050 | pay 0.0006% / 1h | 19m 05s | $1.3M | $1.3M | 10x |
| Short | Arcus AMZN-USD | 259.11 | 0.0274 | get 0.0034% / 1h | 19m 05s | $197K | $233K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. 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
- $47.01
- Price spread: +0.066% → +0.025%
- $4.04
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $41.56
- Costs to cover
- 0.095%
- Break-even
- 0.8 days
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 59 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 59 min ago | 1.35 bp | 5.6 bp −$6 | 5.9 bp −$59 | 14.6 bp −$1,455 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AMZN-PERP | −0.0040% | 1h | 259.13 | +0.073% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.13 | +0.073% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.10 | +0.062% | $765K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.15 | +0.081% | $27K | $177K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.34 | +0.154% | $719K | $1.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.07 | +0.050% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.03 | +0.035% | $304K | $315K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.19 | +0.097% | $625 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.Plong | +0.0050% | 1h | 258.94 | long leg | $1.3M | $1.3M | 10x | |
| QFEX AMZN-USD | +0.0053% | 1h | 259.18 | +0.093% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.00 | +0.023% | $940K | $2.7M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.11 | +0.066% | $1.5M | $616K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.08 | +0.054% | $92K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.25 | +0.120% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.20 | +0.099% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0135% | 8h | 259.40 | +0.178% | $2.9M | $4.4M | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0157% | 8h | 259.37 | +0.164% | $7K | $1.8M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0198% | 1h | 259.19 | +0.097% | $28.5M | $10.9M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.49 | +0.212% | $75K | $27K | 30x | as long as short |
| Variational Omni AMZN | +0.0243% | 8h | 259.26 | +0.126% | $1.8M | $1.4M | — | as long as short |
| Nado AMZN-PERP | +0.0247% | 1h | 259.03 | +0.033% | $414K | $122K | 20x | as long as short |
| Binance AMZNUSDT | +0.0255% | 8h | 259.29 | +0.135% | $16.2M | $31.0M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0256% | 1h | 259.22 | +0.109% | $497K | $2.5M | 10x | as long as short |
| Arcus AMZN-USDshort | +0.0274% | 1h | 259.11 | +0.066% | $197K | $233K | 10x | |
| Bitget AMZNUSDT | +0.0292% | 8h | 259.30 | +0.139% | $4.8M | $4.0M | 100x | as long as short |
| Phoenix AMZN | +0.0309% | 1h | 259.21 | +0.104% | $5K | $98K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0352% | 8h | 259.41 | +0.182% | $3.7M | $3.2M | 100x | as long as short |
| Lighter AMZN | +0.0360% | 1h | 259.32 | +0.147% | $833K | $1.1M | 20x | as long as short |
| BloFin AMZN-USDT | +0.0375% | 8h | 259.25 | +0.120% | $178K | $215K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0803% | 4h | 259.35 | +0.158% | $28K | $247K | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
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
Injective AMZN/USDC PERP
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bitget AMZNUSDT
Phoenix AMZN
Bybit AMZNUSDT
Lighter AMZN
BloFin AMZN-USDT
edgeX AMZNUSDC