AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0197%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.026%

Price spread now: Phoenix against tradeXYZ+0.023%81s7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.023% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AMZN	259.53	0.0050	pay 0.0006% / 1h	48m 05s	$29.8M	$11.3M	20x
Short	Phoenix AMZN	259.59	0.0247	get 0.0031% / 1h	48m 05s	$5K	$77K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against tradeXYZ. 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 tradeXYZbpFee PhoenixbpOrdersPrice spread, now +0.023%Rate

Funding earned: $41.31
Price spread: +0.023% → 0.000%: $2.31
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $18.62
Costs to cover: 0.250%
Break-even: 3.8 days

Slippage unknown: tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago	0.38 bp	10.0 bp −$10	13.6 bp −$136	doesn't fit	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 29 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	259.56	+0.013%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.44	−0.035%	$762K	$2.7M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.55	+0.009%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.49	−0.015%	$28K	$174K	10x	as long as short
Bitget AMZNUSDT	+0.0020%	8h	259.66	+0.050%	$4.8M	$3.8M	100x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.67	+0.054%	$723K	$1.5M	10x	as long as short
QFEX AMZN-USD	+0.0033%	1h	259.59	+0.023%	$1.4M	$4.1M	10x	as long as short
Hotstuff AMZN-PERP	+0.0040%	1h	259.53	0.000%	$33K	—	20x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0040%	1h	259.43	−0.039%	$932K	$2.4M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.48	−0.019%	$197K	$240K	10x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMZN-USD-PERP	+0.0046%	1h	259.51	−0.008%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZNlong	+0.0050%	1h	259.53	long leg	$29.8M	$11.3M	20x
Polymarket Perps AMZN-USD	+0.0050%	1h	259.44	−0.035%	$317K	$288K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.58	+0.019%	$639	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.33	−0.077%	$1.3M	$1.2M	10x	as long as short
Nado AMZN-PERP	+0.0067%	1h	259.53	−0.001%	$414K	$118K	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0079%	8h	259.67	+0.054%	$2.9M	$4.5M	20x	as long as short
Lighter AMZN	+0.0080%	1h	259.64	+0.041%	$824K	$1.1M	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.50	−0.012%	$1.5M	$571K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.40	−0.050%	$93K	$130K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.63	+0.039%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.56	+0.012%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0198%	8h	259.60	+0.025%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USD	+0.0200%	1h	259.58	+0.019%	$498K	$2.7M	10x	as long as short
Binance AMZNUSDT	+0.0201%	8h	259.65	+0.046%	$16.1M	$29.8M	20x	as long as short
Bybit AMZNUSDT	+0.0216%	8h	259.73	+0.077%	$3.8M	$3.2M	100x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.29	−0.092%	$75K	$27K	30x	as long as short
Phoenix AMZNshort	+0.0247%	1h	259.59	+0.023%	$5K	$77K	20x
edgeX AMZNUSDC	+0.0792%	4h	259.49	−0.014%	$28K	$248K	10x	as long as short