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: Phoenix against QFEX−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Phoenix is 0.042% cheaper against QFEX than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 12 hours of funding at the current rate (+$9 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AMZN-USD | 259.45 | 0.0055 | pay 0.0007% / 1h | 29m 00s | $1.4M | $4.3M | 10x |
| Short | Phoenix AMZN | 259.34 | 0.0339 | get 0.0042% / 1h | 29m 00s | $5K | $98K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against QFEX. 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
- $59.62
- Price spread: −0.042% → 0.000%
- −$4.24
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $38.38
- Costs to cover
- 0.170%
- Break-even
- 2.5 days
Slippage unknown: QFEX: live order book, 4 min ago; 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 QFEX live order book, 4 min ago | 1.54 bp | 6.5 bp −$7 | 6.9 bp −$69 | 13.4 bp −$1,336 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | −0.033% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.33 | −0.046% | $766K | $2.6M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.57 | +0.046% | $717K | $1.5M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.36 | −0.035% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.35 | −0.039% | $310K | $285K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.48 | +0.012% | $627 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.19 | −0.100% | $1.3M | $1.2M | 10x | as long as short |
| QFEX AMZN-USDlong | +0.0055% | 1h | 259.45 | long leg | $1.4M | $4.3M | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0072% | 1h | 259.24 | −0.081% | $939K | $2.5M | 10x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0073% | 8h | 259.52 | +0.027% | $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 | −0.015% | $1.5M | $605K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.21 | −0.093% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.55 | +0.039% | $1K | $320 | 10x | as long as short |
| edgeX AMZNUSDC | +0.0102% | 4h | 259.48 | +0.011% | $28K | $249K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.46 | +0.005% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0128% | 8h | 259.52 | +0.027% | $2.9M | $4.5M | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0138% | 1h | 259.38 | −0.027% | $28.6M | $10.7M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0168% | 8h | 259.57 | +0.046% | $3.7M | $3.2M | 100x | as long as short |
| Nado AMZN-PERP | +0.0196% | 1h | 259.31 | −0.056% | $414K | $122K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0208% | 1h | 259.43 | −0.008% | $33K | — | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0213% | 1h | 259.42 | −0.012% | $27K | $173K | 10x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.23 | −0.085% | $75K | $27K | 30x | as long as short |
| Lighter AMZN | +0.0224% | 1h | 259.54 | +0.034% | $827K | $1.1M | 20x | as long as short |
| Arcus AMZN-USD | +0.0254% | 1h | 259.39 | −0.023% | $197K | $241K | 10x | as long as short |
| Bitget AMZNUSDT | +0.0255% | 8h | 259.56 | +0.042% | $4.8M | $3.8M | 100x | as long as short |
| Variational Omni AMZN | +0.0268% | 8h | 259.53 | +0.031% | $1.8M | $1.1M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0272% | 1h | 259.48 | +0.013% | $498K | $3.5M | 10x | as long as short |
| Binance AMZNUSDT | +0.0274% | 8h | 259.53 | +0.031% | $16.1M | $29.9M | 20x | as long as short |
| Phoenix AMZNshort | +0.0339% | 1h | 259.34 | −0.042% | $5K | $98K | 20x | |
| BloFin AMZN-USDT | +0.0394% | 8h | 259.40 | −0.019% | $179K | $215K | 20x | as long as short |
Phoenix AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Coinbase International AMZN-PERP-INTX
GRVT AMZN_USDT_Perp
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
edgeX AMZNUSDC
OKX AMZN-USDT-SWAP
tradeXYZ xyz:AMZN
Bybit AMZNUSDT
Deribit AMZN_USDC-PERPETUAL
Injective AMZN/USDC PERP
Lighter AMZN
Bitget AMZNUSDT
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
BloFin AMZN-USDT