Funding you earn now, next payment 11:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.024%
Price spread now: Injective against Phoenix−0.038%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.038% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMZN | 259.95 | 0.0246 | pay 0.0031% / 1h | 47m 46s | $5K | $95K | 20x |
| Short | Injective AMZN/USDC PERP | 259.85 | 0.0220 | get 0.0028% / 1h | 47m 46s | $76K | $23K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$5.46
- Price spread: −0.038% → 0.000%
- −$3.85
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$16.33
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Injective: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Phoenix and Injective: 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 exchanges
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 | 259.84 | −0.043% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.57 | −0.146% | $826K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.58 | −0.142% | $37K | $135K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.74 | −0.081% | $711K | $1.5M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0040% | 1h | 259.77 | −0.069% | $33K | — | 20x | as long as short |
| QFEX AMZN-USD | +0.0041% | 1h | 259.68 | −0.104% | $1.4M | $3.5M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.61 | −0.131% | — | $104K | 25x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0048% | 1h | 259.47 | −0.185% | $923K | $2.6M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.59 | −0.138% | $30.2M | $11.6M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.64 | −0.119% | $313K | $297K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AMZN-USD | +0.0050% | 1h | 259.68 | −0.104% | $713 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.48 | −0.181% | $1.3M | $1.0M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0054% | 8h | 259.82 | −0.050% | $5.0M | $5.1M | 100x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0085% | 8h | 259.84 | −0.042% | $2.9M | $5.0M | 20x | as long as short |
| Lighter AMZN | +0.0096% | 1h | 259.75 | −0.077% | $725K | $1.3M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.70 | −0.096% | $1.5M | $540K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.75 | −0.077% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.12 | +0.065% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.63 | −0.121% | $14K | $510 | 10x | as long as short |
| Arcus AMZN-USD | +0.0105% | 1h | 259.65 | −0.115% | $197K | $207K | 10x | as long as short |
| edgeX AMZNUSDC | +0.0153% | 4h | 259.92 | −0.011% | $28K | $249K | 10x | as long as short |
| Nado AMZN-PERP | +0.0191% | 1h | 259.72 | −0.088% | $404K | $115K | 20x | as long as short |
| Injective AMZN/USDC PERPshort | +0.0220% | 1h | 259.85 | −0.038% | $76K | $23K | 30x | |
| Phoenix AMZNlong | +0.0246% | 1h | 259.95 | long leg | $5K | $95K | 20x | |
| Variational Omni AMZN | +0.0292% | 8h | 259.99 | +0.015% | $1.8M | $1.0M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0304% | 1h | 259.67 | −0.107% | $494K | $4.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0307% | 8h | 259.76 | −0.072% | $16.5M | $32.4M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0375% | 8h | 259.87 | −0.031% | $4.3M | $3.7M | 100x | as long as short |
| BloFin AMZN-USDT | +0.0433% | 8h | 259.93 | −0.008% | $184K | $333K | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0448% | 8h | 259.97 | +0.009% | $17K | $1.8M | 10x | as long as short |
Phoenix AMZN
Injective AMZN/USDC PERP
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Coinbase International AMZN-PERP-INTX
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Bitget AMZNUSDT
OKX AMZN-USDT-SWAP
Lighter AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
edgeX AMZNUSDC
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Bybit AMZNUSDT
BloFin AMZN-USDT
GRVT AMZN_USDT_Perp