Funding you earn now, next payment 11:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h +0.029%
Price spread now: Arcus against Coinbase International−0.019%7-day average +0.042% · 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−$31as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 4 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.019%, 7d avg +0.042%
=Funding pays, the price is against you. Arcus is 0.061% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.042%). If the spread goes back, that is −$6 on $10k: about 3.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 259.87 | 0.0048 | pay 0.0006% / 1h | 5m 46s | $925K | $2.6M | 10x |
| Short | Arcus AMZN-USD | 259.82 | 0.0105 | get 0.0013% / 1h | 5m 46s | $197K | $194K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. 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
- $11.9
- Price spread: −0.019% → +0.042%
- −$6.08
- Slippage, 4 orders
- −$10.59
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$19.27
- Costs to cover
- 0.251%
- Break-even
- 18.3 days
Slippage from Coinbase International: live order book, 1 min ago; Arcus: live order book, 36 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 Coinbase International live order book, 1 min ago | 2.31 bp | 8.6 bp −$9 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 36 min ago | 1.93 bp | 4.5 bp −$4 | 4.6 bp −$46 | 14.8 bp −$1,477 | doesn't fit |
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 | 259.97 | +0.038% | $209K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.88 | +0.004% | $828K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0019% | 1h | 259.88 | +0.004% | $37K | $135K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.96 | +0.035% | $711K | $1.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0041% | 1h | 259.94 | +0.027% | $1.4M | $3.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.83 | −0.015% | — | $104K | 25x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0048% | 1h | 259.87 | long leg | $925K | $2.6M | 10x | |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.87 | 0.000% | $30.0M | $11.5M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.88 | +0.004% | $310K | $311K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.94 | +0.027% | $598 | $5K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.81 | −0.023% | $1.3M | $1.0M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0090% | 8h | 260.06 | +0.073% | $2.9M | $5.0M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.76 | −0.042% | $1.5M | $570K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.90 | +0.012% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.21 | +0.131% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.95 | +0.032% | $14K | $510 | 10x | as long as short |
| Arcus AMZN-USDshort | +0.0105% | 1h | 259.82 | −0.019% | $197K | $194K | 10x | |
| Bitget AMZNUSDT | +0.0107% | 8h | 260.06 | +0.073% | $5.0M | $5.1M | 100x | as long as short |
| Lighter AMZN | +0.0152% | 1h | 260.01 | +0.054% | $720K | $1.3M | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0192% | 1h | 259.85 | −0.008% | $33K | — | 20x | as long as short |
| Nado AMZN-PERP | +0.0199% | 1h | 259.88 | +0.005% | $404K | $115K | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0200% | 8h | 260.12 | +0.096% | $9K | $1.8M | 10x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.93 | +0.023% | $76K | $23K | 30x | as long as short |
| Variational Omni AMZN | +0.0223% | 8h | 260.12 | +0.094% | $1.8M | $1.0M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0240% | 1h | 259.93 | +0.023% | $494K | $4.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0244% | 8h | 260.01 | +0.055% | $16.5M | $32.7M | 20x | as long as short |
| Phoenix AMZN | +0.0246% | 1h | 259.99 | +0.046% | $5K | $95K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0338% | 8h | 260.10 | +0.089% | $4.3M | $3.7M | 100x | as long as short |
| BloFin AMZN-USDT | +0.0365% | 8h | 260.00 | +0.050% | $183K | $341K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0496% | 4h | 260.03 | +0.062% | $28K | $249K | 10x | as long as short |
Coinbase International AMZN-PERP-INTX
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Bitget AMZNUSDT
Lighter AMZN
GRVT AMZN_USDT_Perp
Injective AMZN/USDC PERP
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Phoenix AMZN
Bybit AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC