Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.023%
Price spread now: tradeXYZ against Arcus−0.019%7-day average +0.001% · 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−$42as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 4 days (all we have)−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.019%, 7d avg +0.001%
=Together, before fees+0.006%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.020% cheaper against Arcus than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.001%). If the spread goes back, that is −$2 on $10k: about 2.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMZN-USD | 259.88 | 0.0040 | pay 0.0005% / 1h | 30m 56s | $197K | $240K | 10x |
| Short | tradeXYZ xyz:AMZN | 259.83 | 0.0074 | get 0.0009% / 1h | 30m 56s | $30.0M | $11.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Arcus. 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
- $7.05
- Price spread: −0.019% → +0.001%
- −$2.02
- Slippage, 4 orders
- −$17.12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$34.6
- Costs to cover
- 0.396%
- Break-even
- 41.3 days
Slippage from Arcus: live order book, 7 min ago; tradeXYZ: live order book, 8 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, 7 min ago | 4.23 bp | 10.3 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.38 bp | 9.9 bp −$10 | 12.1 bp −$121 | 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 | 259.93 | +0.019% | $202K | $207K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 260.01 | +0.050% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.82 | −0.023% | $764K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.96 | +0.031% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 260.06 | +0.069% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.82 | −0.023% | $29K | $172K | 10x | as long as short |
| Variational Omni AMZN | +0.0001% | 8h | 260.05 | +0.063% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDT | +0.0030% | 8h | 260.00 | +0.045% | $16.0M | $29.5M | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.98 | +0.038% | $733K | $1.6M | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0032% | 1h | 259.92 | +0.017% | $498K | $3.0M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMZN-USDlong | +0.0040% | 1h | 259.88 | long leg | $197K | $240K | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.86 | −0.008% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.80 | −0.031% | $321K | $290K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.92 | +0.015% | $683 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.70 | −0.069% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0050% | 1h | 259.91 | +0.012% | $1.4M | $3.6M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.54 | −0.131% | $915K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:AMZNshort | +0.0074% | 1h | 259.83 | −0.019% | $30.0M | $11.2M | 20x | |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.77 | −0.042% | $1.5M | $404K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.83 | −0.019% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.95 | +0.027% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.89 | +0.004% | $14K | $510 | 10x | as long as short |
| BloFin AMZN-USDT | +0.0119% | 8h | 260.03 | +0.058% | $178K | $301K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0136% | 4h | 260.01 | +0.052% | $28K | $250K | 10x | as long as short |
| Nado AMZN-PERP | +0.0164% | 1h | 259.80 | −0.031% | $415K | $113K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0184% | 1h | 259.90 | +0.008% | $33K | — | 20x | as long as short |
| Bybit AMZNUSDT | +0.0188% | 8h | 260.11 | +0.089% | $4.0M | $3.3M | 100x | as long as short |
| Lighter AMZN | +0.0208% | 1h | 259.96 | +0.031% | $750K | $1.3M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.69 | −0.073% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.97 | +0.035% | $5K | $78K | 20x | as long as short |
tradeXYZ xyz:AMZN
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Variational Omni AMZN
Binance AMZNUSDT
Lighter RH AMZN
Extended AMZN_24_5-USD
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Coinbase International AMZN-PERP-INTX
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC
Bybit AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
Phoenix AMZN