Funding you earn now, next payment 21:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.016%
Price spread now: Bitget against Phoenix+0.062%69s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$340.342% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.062%, 7d avg +0.061%
=The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 69 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 | Phoenix AMZN | 258.91 | 0.0309 | pay 0.0039% / 1h | 20m 18s | $5K | $118K | 20x |
| Short | Bitget AMZNUSDT | 259.07 | 0.0265 | get 0.0265% / 8h | 2h 20m | $4.8M | $4.0M | 100x |
Phoenix AMZN
Bitget AMZNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phoenix. 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
- −$9.28
- Price spread: +0.062% → +0.061%
- $0.11
- Slippage, 4 orders
- −$15.2
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$43.37
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 61 min ago; Bitget: live order book, 3 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 Phoenix live order book, 61 min ago | 2.71 bp | 8.4 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.54 bp | 9.6 bp −$10 | 14.3 bp −$143 | 36.8 bp −$3,680 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AMZN/USDC PERP | −0.0077% | 1h | 258.65 | −0.100% | $74K | $27K | 30x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 258.95 | +0.015% | $202K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 258.78 | −0.050% | $757K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 258.94 | +0.012% | $27K | $275K | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 258.86 | −0.019% | $941K | $2.7M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 258.86 | −0.019% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 258.88 | −0.012% | $304K | $311K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 258.96 | +0.019% | $621 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 258.65 | −0.100% | $1.3M | $1.3M | 10x | as long as short |
| QFEX AMZN-USD | +0.0068% | 1h | 258.99 | +0.031% | $1.4M | $4.4M | 10x | as long as short |
Injective AMZN/USDC PERP
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Coinbase International AMZN-PERP-INTX
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
QFEX AMZN-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AMZN-PERP | +0.0072% | 1h | 258.96 | +0.019% | $33K | — | 20x | as long as short |
| Lighter RH AMZN | +0.0088% | 1h | 259.16 | +0.097% | $730K | $1.7M | 10x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0099% | 8h | 259.03 | +0.046% | $12K | $1.7M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 258.85 | −0.023% | $1.5M | $650K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 258.74 | −0.066% | $92K | $139K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.02 | +0.042% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.01 | +0.037% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0115% | 8h | 259.05 | +0.054% | $2.9M | $4.4M | 20x | as long as short |
| Variational Omni AMZN | +0.0154% | 8h | 259.05 | +0.052% | $1.6M | $1.4M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0168% | 1h | 259.02 | +0.042% | $490K | $2.5M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0170% | 1h | 258.96 | +0.019% | $28.1M | $11.3M | 20x | as long as short |
| Binance AMZNUSDT | +0.0171% | 8h | 259.05 | +0.052% | $16.0M | $31.5M | 20x | as long as short |
| Nado AMZN-PERP | +0.0236% | 1h | 258.87 | −0.017% | $414K | $123K | 20x | as long as short |
| Bitget AMZNUSDTshort | +0.0265% | 8h | 259.07 | +0.062% | $4.8M | $4.0M | 100x | |
| BloFin AMZN-USDT | +0.0290% | 8h | 258.93 | +0.008% | $179K | $189K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0291% | 8h | 259.07 | +0.062% | $3.7M | $3.2M | 100x | as long as short |
| Arcus AMZN-USD | +0.0302% | 1h | 258.87 | −0.015% | $196K | $239K | 10x | as long as short |
| Phoenix AMZNlong | +0.0309% | 1h | 258.91 | long leg | $5K | $118K | 20x | |
| edgeX AMZNUSDC | +0.0313% | 4h | 259.00 | +0.036% | $28K | $247K | 10x | as long as short |
| Lighter AMZN | +0.0368% | 1h | 259.11 | +0.078% | $833K | $1.2M | 20x | as long as short |
Hotstuff AMZN-PERP
Lighter RH AMZN
GRVT AMZN_USDT_Perp
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
OKX AMZN-USDT-SWAP
Variational Omni AMZN
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Binance AMZNUSDT
Nado AMZN-PERP
BloFin AMZN-USDT
Bybit AMZNUSDT
Arcus AMZN-USD
edgeX AMZNUSDC
Lighter AMZN