Funding you earn now, next payment 10:00 UTC−0.0127%/8h= −14.0% APRpaid last 24h −0.013%
Price spread now: Phoenix against Bybit−0.111%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 0.111% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you. The two prices were read 45 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 | Bybit AMZNUSDT | 260.33 | 0.0404 | pay 0.0404% / 8h | 4h 58m | $4.3M | $3.7M | 100x |
| Short | Phoenix AMZN | 260.04 | 0.0276 | get 0.0035% / 1h | 58m 34s | $5K | $84K | 20x |
Bybit AMZNUSDT
Phoenix AMZNFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bybit. 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
- −$26.76
- Price spread: −0.111% → 0.000%
- −$11.14
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$55.9
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 2.11 bp | 12.1 bp −$12 | 17.9 bp −$179 | 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 30 exchanges
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 | 260.27 | −0.022% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 260.03 | −0.115% | $828K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0019% | 1h | 260.10 | −0.088% | $37K | $144K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.14 | −0.073% | $713K | $1.5M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0043% | 8h | 260.18 | −0.058% | $5.0M | $5.0M | 100x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 260.02 | −0.119% | — | $104K | 25x | as long as short |
| Hotstuff AMZN-PERP | +0.0048% | 1h | 260.06 | −0.104% | $33K | — | 20x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0048% | 1h | 260.03 | −0.115% | $930K | $2.5M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 260.06 | −0.104% | $30.2M | $11.7M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 260.06 | −0.104% | $317K | $293K | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Bitget AMZNUSDT
Vest AMZN-USD-PERP
Hotstuff AMZN-PERP
Coinbase International AMZN-PERP-INTX
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USDShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AMZN-USD | +0.0050% | 1h | 260.12 | −0.081% | $701 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.95 | −0.146% | $1.3M | $1.0M | 10x | as long as short |
| QFEX AMZN-USD | +0.0061% | 1h | 260.08 | −0.096% | $1.4M | $3.5M | 10x | as long as short |
| Lighter AMZN | +0.0080% | 1h | 260.13 | −0.075% | $727K | $1.2M | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0089% | 8h | 260.29 | −0.015% | $2.9M | $4.9M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 260.07 | −0.100% | $1.5M | $531K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.89 | −0.169% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.31 | −0.008% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 260.16 | −0.066% | $14K | $510 | 10x | as long as short |
| Arcus AMZN-USD | +0.0105% | 1h | 260.03 | −0.115% | $197K | $207K | 10x | as long as short |
| Nado AMZN-PERP | +0.0177% | 1h | 260.01 | −0.123% | $404K | $115K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.19 | −0.054% | $76K | $23K | 30x | as long as short |
| Phoenix AMZNshort | +0.0276% | 1h | 260.04 | −0.111% | $5K | $84K | 20x | |
| Variational Omni AMZN | +0.0296% | 8h | 260.18 | −0.060% | $1.8M | $1.0M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0320% | 1h | 260.11 | −0.085% | $494K | $4.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0324% | 8h | 260.19 | −0.054% | $16.5M | $32.3M | 20x | as long as short |
| Bybit AMZNUSDTlong | +0.0404% | 8h | 260.33 | long leg | $4.3M | $3.7M | 100x | |
| BloFin AMZN-USDT | +0.0438% | 8h | 260.27 | −0.023% | $184K | $317K | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0504% | 8h | 260.12 | −0.079% | $17K | $1.8M | 10x | as long as short |
| edgeX AMZNUSDC | +0.0685% | 4h | 260.09 | −0.091% | $28K | $250K | 10x | as long as short |
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
QFEX AMZN-USD
Lighter AMZN
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Arcus AMZN-USD
Nado AMZN-PERP
Injective AMZN/USDC PERP
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
BloFin AMZN-USDT
GRVT AMZN_USDT_Perp
edgeX AMZNUSDC