Funding you earn now, next payment 01:00 UTC−0.0147%/8h= −16.1% APRnext payment −$0.18 per $10,000 · paid last 24h −0.008%
Price spread now: QFEX against tradeXYZ+0.004%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now +0.004%, 7d avg +0.044%
=Together, before fees+0.010%+ Points / potential airdroptradeXYZ: Active · farm board+$1 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 QFEX is 0.040% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMZN | 259.35 | 0.0202 | pay 0.0025% / 1h | 45m 02s | $28.6M | $10.8M | 20x |
| Short | QFEX AMZN-USD | 259.36 | 0.0055 | get 0.0007% / 1h | 45m 02s | $1.4M | $4.4M | 10x |
tradeXYZ xyz:AMZN
QFEX AMZN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$30.81
- Price spread: +0.004% → +0.044%
- −$3.99
- Slippage, 4 orders
- −$5.65
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$68.45
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; QFEX: live order book, 3 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 | 0.38 bp | 10.1 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.54 bp | 6.5 bp −$7 | 7.0 bp −$70 | 13.9 bp −$1,392 | 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 | 259.25 | −0.038% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.22 | −0.050% | $765K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0020% | 1h | 259.26 | −0.035% | $27K | $178K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.47 | +0.046% | $718K | $1.5M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.16 | −0.073% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.23 | −0.046% | $304K | $281K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.36 | +0.004% | $613 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.25 | −0.039% | $1.3M | $1.2M | 10x | as long as short |
| QFEX AMZN-USDshort | +0.0055% | 1h | 259.36 | +0.004% | $1.4M | $4.4M | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0072% | 1h | 259.08 | −0.104% | $939K | $2.7M | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Coinbase International AMZN-PERP-INTXShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.29 | −0.023% | $1.5M | $607K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.25 | −0.039% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.39 | +0.015% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.31 | −0.014% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0136% | 8h | 259.47 | +0.046% | $2.9M | $4.4M | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0136% | 1h | 259.33 | −0.008% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:AMZNlong | +0.0202% | 1h | 259.35 | long leg | $28.6M | $10.8M | 20x | |
| GRVT AMZN_USDT_Perp | +0.0204% | 8h | 259.49 | +0.056% | $9K | $1.8M | 10x | as long as short |
| Nado AMZN-PERP | +0.0217% | 1h | 259.22 | −0.051% | $414K | $123K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.08 | −0.104% | $75K | $27K | 30x | as long as short |
| Bybit AMZNUSDT | +0.0246% | 8h | 259.49 | +0.054% | $3.7M | $3.2M | 100x | as long as short |
| Lighter AMZN | +0.0248% | 1h | 259.43 | +0.029% | $827K | $1.1M | 20x | as long as short |
| Arcus AMZN-USD | +0.0254% | 1h | 259.36 | +0.004% | $197K | $242K | 10x | as long as short |
| Variational Omni AMZN | +0.0271% | 8h | 259.39 | +0.015% | $1.8M | $1.4M | — | as long as short |
| Binance AMZNUSDT | +0.0277% | 8h | 259.40 | +0.019% | $16.1M | $30.7M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0280% | 1h | 259.35 | −0.002% | $498K | $3.0M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0290% | 8h | 259.42 | +0.027% | $4.8M | $3.9M | 100x | as long as short |
| Phoenix AMZN | +0.0339% | 1h | 259.50 | +0.058% | $5K | $98K | 20x | as long as short |
| BloFin AMZN-USDT | +0.0397% | 8h | 259.40 | +0.019% | $178K | $215K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0410% | 4h | 259.51 | +0.060% | $28K | $248K | 10x | as long as short |
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
OKX AMZN-USDT-SWAP
Hotstuff AMZN-PERP
GRVT AMZN_USDT_Perp
Nado AMZN-PERP
Injective AMZN/USDC PERP
Bybit AMZNUSDT
Lighter AMZN
Arcus AMZN-USD
Variational Omni AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
Bitget AMZNUSDT
Phoenix AMZN
BloFin AMZN-USDT
edgeX AMZNUSDC