Funding you earn now, next payment 02:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.007%
Price spread now: GRVT against tradeXYZ−0.028%46s7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as 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−$340.340% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.028%, 7d avg +0.074%
=Together, before fees+0.065%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.102% cheaper against tradeXYZ than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.074%). Swap the legs. The two prices were read 46 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 | tradeXYZ xyz:AMZN | 259.34 | 0.0186 | pay 0.0023% / 1h | 34m 37s | $29.5M | $11.0M | 20x |
| Short | GRVT AMZN_USDT_Perp | 259.27 | 0.0045 | get 0.0045% / 8h | 6h 34m | $13K | $1.8M | 10x |
tradeXYZ xyz:AMZN
GRVT AMZN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against tradeXYZ. 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
- −$29.58
- Price spread: −0.028% → +0.074%
- −$10.2
- Slippage, 4 orders
- −$6.98
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$73.76
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; GRVT: live order book, 4 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 tradeXYZ live order book, 3 min ago | 0.39 bp | 9.7 bp −$10 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 1.35 bp | 8.0 bp −$8 | 14.6 bp −$146 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMZNUSDT | 0.0000% | 8h | 259.26 | −0.030% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.23 | −0.042% | $766K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.24 | −0.039% | $28K | $174K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.48 | +0.054% | $717K | $1.5M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.28 | −0.023% | $197K | $241K | 10x | as long as short |
| GRVT AMZN_USDT_Perpshort | +0.0045% | 8h | 259.27 | −0.028% | $13K | $1.8M | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.27 | −0.027% | — | $104K | 25x | as long as short |
| QFEX AMZN-USD | +0.0049% | 1h | 259.37 | +0.012% | $1.4M | $4.2M | 10x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.24 | −0.039% | $314K | $285K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.37 | +0.012% | $629 | $5K | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Arcus AMZN-USD
Vest AMZN-USD-PERP
QFEX AMZN-USD
Polymarket Perps AMZN-USD
SoDEX AMZN-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.08 | −0.100% | $1.3M | $1.2M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0072% | 1h | 259.16 | −0.069% | $945K | $2.4M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0080% | 1h | 259.33 | −0.004% | $33K | — | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.31 | −0.012% | $1.5M | $591K | 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 | 259.34 | 0.000% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.30 | −0.017% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0106% | 8h | 259.49 | +0.058% | $2.9M | $4.5M | 20x | as long as short |
| Bitget AMZNUSDT | +0.0107% | 8h | 259.44 | +0.039% | $4.8M | $3.8M | 100x | as long as short |
| Nado AMZN-PERP | +0.0136% | 1h | 259.30 | −0.014% | $414K | $122K | 20x | as long as short |
| Lighter AMZN | +0.0184% | 1h | 259.45 | +0.041% | $823K | $1.1M | 20x | as long as short |
| tradeXYZ xyz:AMZNlong | +0.0186% | 1h | 259.34 | long leg | $29.5M | $11.0M | 20x | |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.23 | −0.042% | $75K | $27K | 30x | as long as short |
| Variational Omni AMZN | +0.0246% | 8h | 259.43 | +0.033% | $1.7M | $1.1M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0248% | 1h | 259.36 | +0.009% | $498K | $2.7M | 10x | as long as short |
| Binance AMZNUSDT | +0.0249% | 8h | 259.43 | +0.035% | $16.2M | $29.6M | 20x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.36 | +0.008% | $5K | $78K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0290% | 8h | 259.58 | +0.093% | $3.7M | $3.1M | 100x | as long as short |
| edgeX AMZNUSDC | +0.0330% | 4h | 259.20 | −0.054% | $28K | $248K | 10x | as long as short |
| BloFin AMZN-USDT | +0.0380% | 8h | 259.40 | +0.023% | $178K | $215K | 20x | as long as short |
Ondo Perps AMZN-USD.P
Coinbase International AMZN-PERP-INTX
Hotstuff AMZN-PERP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
OKX AMZN-USDT-SWAP
Bitget AMZNUSDT
Nado AMZN-PERP
Lighter AMZN
Injective AMZN/USDC PERP
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Phoenix AMZN
Bybit AMZNUSDT
edgeX AMZNUSDC
BloFin AMZN-USDT