AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.35 per $10,000 · paid last 24h −0.029%

Price spread now: QFEX against Phoenix+0.042%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. QFEX is 0.042% dearer against Phoenix than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AMZN	259.34	0.0339	pay 0.0042% / 1h	29m 02s	$5K	$98K	20x
Short	QFEX AMZN-USD	259.45	0.0055	get 0.0007% / 1h	29m 02s	$1.4M	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Phoenix. 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 PhoenixbpFee QFEXbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$59.62
Price spread: +0.042% → 0.000%: $4.24
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$72.38
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; QFEX: live order book, 4 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 Phoenix no order-book sample	—	—	—	—	—
Sell QFEX live order book, 4 min ago	1.54 bp	6.5 bp −$7	6.8 bp −$68	12.8 bp −$1,275	doesn't fit

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	259.36	+0.009%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.33	−0.004%	$766K	$2.6M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.57	+0.089%	$717K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.36	+0.008%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.35	+0.004%	$310K	$285K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.48	+0.054%	$627	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.19	−0.058%	$1.3M	$1.2M	10x	as long as short
QFEX AMZN-USDshort	+0.0055%	1h	259.45	+0.042%	$1.4M	$4.3M	10x
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.24	−0.039%	$939K	$2.5M	10x	as long as short
GRVT AMZN_USDT_Perp	+0.0073%	8h	259.52	+0.069%	$14K	$1.8M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	259.41	+0.027%	$1.5M	$605K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.21	−0.050%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.55	+0.081%	$1K	$320	10x	as long as short
edgeX AMZNUSDC	+0.0102%	4h	259.48	+0.053%	$28K	$249K	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.46	+0.047%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0128%	8h	259.52	+0.069%	$2.9M	$4.5M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0138%	1h	259.38	+0.015%	$28.6M	$10.7M	20x	as long as short
Bybit AMZNUSDT	+0.0168%	8h	259.57	+0.089%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0196%	1h	259.31	−0.013%	$414K	$122K	20x	as long as short
Hotstuff AMZN-PERP	+0.0208%	1h	259.43	+0.035%	$33K	—	20x	as long as short
Deribit AMZN_USDC-PERPETUAL	+0.0213%	1h	259.42	+0.031%	$27K	$173K	10x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.23	−0.042%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0224%	1h	259.54	+0.076%	$827K	$1.1M	20x	as long as short
Arcus AMZN-USD	+0.0254%	1h	259.39	+0.019%	$197K	$241K	10x	as long as short
Bitget AMZNUSDT	+0.0255%	8h	259.56	+0.085%	$4.8M	$3.8M	100x	as long as short
Variational Omni AMZN	+0.0268%	8h	259.53	+0.073%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.48	+0.056%	$498K	$3.5M	10x	as long as short
Binance AMZNUSDT	+0.0274%	8h	259.53	+0.073%	$16.1M	$29.9M	20x	as long as short
Phoenix AMZNlong	+0.0339%	1h	259.34	long leg	$5K	$98K	20x
BloFin AMZN-USDT	+0.0394%	8h	259.40	+0.023%	$179K	$215K	20x	as long as short