AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0227%/8h= +24.8% APRnext payment +$0.28 per $10,000 · paid last 24h +0.039%

Price spread now: Phoenix against Ondo Perps+0.077%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.077% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.123% in total (about 6.4% 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	259.72	0.0050	pay 0.0006% / 1h	21m 34s	$1.3M	$1.2M	10x
Short	Phoenix AMZN	259.92	0.0277	get 0.0035% / 1h	21m 34s	$5K	$78K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 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 Ondo PerpsbpFee PhoenixbpOrdersPrice spread, now +0.077%Rate

Funding earned: $47.62
Price spread: +0.077% → 0.000%: $7.7
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $43.32
Costs to cover: 0.120%
Break-even: 0.6 days

Slippage unknown: Ondo Perps: no order-book sample; Phoenix: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

Ondo Perps and Phoenix: 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	259.98	+0.099%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.95	+0.089%	$2.9M	$4.7M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.78	+0.023%	$765K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.89	+0.065%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.84	+0.047%	$9K	$1.9M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.73	+0.004%	$28K	$175K	10x	as long as short
edgeX AMZNUSDC	+0.0011%	4h	259.84	+0.045%	$28K	$248K	10x	as long as short
Hotstuff AMZN-PERP	+0.0016%	1h	259.90	+0.069%	$33K	—	20x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.97	+0.096%	$720K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.87	+0.058%	$1.4M	$3.8M	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	+0.0040%	1h	259.72	0.000%	$917K	$2.4M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.76	+0.015%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.84	+0.046%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.79	+0.027%	$322K	$278K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.86	+0.054%	$684	$5K	10x	as long as short
Ondo Perps AMZN-USD.Plong	+0.0050%	1h	259.72	long leg	$1.3M	$1.2M	10x
Variational Omni AMZN	+0.0068%	8h	259.81	+0.035%	$1.8M	$1.1M	—	as long as short
Nado AMZN-PERP	+0.0070%	1h	259.89	+0.066%	$414K	$112K	20x	as long as short
tradeXYZ xyz:AMZN	+0.0072%	1h	259.92	+0.077%	$29.9M	$11.3M	20x	as long as short
Binance AMZNUSDT	+0.0084%	8h	259.95	+0.089%	$16.0M	$29.8M	20x	as long as short
Extended AMZN_24_5-USD	+0.0088%	1h	259.88	+0.061%	$502K	$2.7M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.72	0.000%	$1.5M	$503K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.76	+0.015%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.86	+0.054%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.81	+0.033%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0128%	1h	260.00	+0.109%	$802K	$1.0M	20x	as long as short
Bybit AMZNUSDT	+0.0161%	8h	260.05	+0.127%	$3.7M	$3.2M	100x	as long as short
BloFin AMZN-USDT	+0.0206%	8h	259.87	+0.058%	$178K	$205K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.51	−0.081%	$75K	$27K	30x	as long as short
Phoenix AMZNshort	+0.0277%	1h	259.92	+0.077%	$5K	$78K	20x