AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0204%/8h= −22.4% APRnext payment −$0.26 per $10,000 · paid last 24h −0.031%

Price spread now: Polymarket Perps against Arcus−0.058%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$220.217% of the position

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.045%−$4 on $10k

Price spread, last 3 days (all we have)+0.075%+$7 · spread now −0.058%, 7d avg −0.005%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Polymarket Perps is 0.053% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.045% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 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	Arcus AMZN-USD	259.33	0.0254	pay 0.0032% / 1h	23m 47s	$197K	$241K	10x
Short	Polymarket Perps AMZN-USD	259.18	0.0050	get 0.0006% / 1h	23m 47s	$309K	$289K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Arcus. 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 ArcusbpFee Polymarket PerpsbpOrdersPrice spread, now −0.058%Rate

Funding earned: −$42.94
Price spread: −0.058% → −0.005%: −$5.3
Slippage, 4 orders: −$9.22
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$69.96
Costs to cover: 0.217%
Break-even: never at this rate

Slippage from Arcus: live order book, 49 min ago; Polymarket Perps: live order book, 48 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 Arcus live order book, 49 min ago	0.77 bp	3.0 bp −$3	10.7 bp −$107	20.8 bp −$2,076	doesn't fit
Sell Polymarket Perps live order book, 48 min ago	1.54 bp	5.5 bp −$6	7.1 bp −$71	9.5 bp −$950	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	259.18	−0.058%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.19	−0.054%	$766K	$2.6M	100x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.13	−0.077%	$27K	$173K	10x	as long as short
Lighter RH AMZN	+0.0032%	1h	259.34	+0.004%	$720K	$1.5M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.13	−0.077%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USDshort	+0.0050%	1h	259.18	−0.058%	$309K	$289K	10x
SoDEX AMZN-USD	+0.0050%	1h	259.24	−0.035%	$627	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.12	−0.081%	$1.3M	$1.2M	10x	as long as short
QFEX AMZN-USD	+0.0055%	1h	259.31	−0.008%	$1.4M	$4.3M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0072%	1h	259.24	−0.035%	$939K	$2.4M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AMZN_USDT_Perp	+0.0081%	8h	259.50	+0.066%	$12K	$1.8M	10x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.19	−0.054%	$1.5M	$605K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.27	−0.023%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.32	−0.004%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.23	−0.039%	$14K	$510	10x	as long as short
Hotstuff AMZN-PERP	+0.0120%	1h	259.20	−0.050%	$33K	—	20x	as long as short
OKX AMZN-USDT-SWAP	+0.0127%	8h	259.31	−0.008%	$2.9M	$4.5M	20x	as long as short
tradeXYZ xyz:AMZN	+0.0131%	1h	259.16	−0.066%	$28.6M	$10.6M	20x	as long as short
Bybit AMZNUSDT	+0.0187%	8h	259.39	+0.023%	$3.7M	$3.2M	100x	as long as short
Nado AMZN-PERP	+0.0198%	1h	259.12	−0.082%	$414K	$122K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.14	−0.073%	$75K	$27K	30x	as long as short
Lighter AMZN	+0.0224%	1h	259.31	−0.009%	$826K	$1.1M	20x	as long as short
Bitget AMZNUSDT	+0.0246%	8h	259.33	0.000%	$4.8M	$3.8M	100x	as long as short
Arcus AMZN-USDlong	+0.0254%	1h	259.33	long leg	$197K	$241K	10x
Variational Omni AMZN	+0.0269%	8h	259.43	+0.037%	$1.8M	$1.1M	—	as long as short
Extended AMZN_24_5-USD	+0.0272%	1h	259.22	−0.041%	$498K	$3.1M	10x	as long as short
Binance AMZNUSDT	+0.0273%	8h	259.28	−0.019%	$16.1M	$29.8M	20x	as long as short
Phoenix AMZN	+0.0339%	1h	259.38	+0.019%	$5K	$98K	20x	as long as short
BloFin AMZN-USDT	+0.0394%	8h	259.39	+0.023%	$177K	$215K	20x	as long as short
edgeX AMZNUSDC	+0.0629%	4h	259.45	+0.048%	$28K	$247K	10x	as long as short