Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h +0.004%
Price spread now: Deribit against Coinbase International−0.004%7-day average +0.059% · 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−$250.247% of the position
Funding, last 5 days (all we have)−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.004%, 7d avg +0.059%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.063% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 259.43 | 0.0040 | pay 0.0005% / 1h | 48m 32s | $932K | $2.4M | 10x |
| Short | Deribit AMZN_USDC-PERPETUAL | 259.42 | 0 | get 0.0000% / 1h | 48m 32s | $28K | $174K | 10x |
Coinbase International AMZN-PERP-INTX
Deribit AMZN_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$8.4
- Price spread: −0.004% → +0.059%
- −$6.28
- Slippage, 4 orders
- −$7.73
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$39.42
- Costs to cover
- 0.247%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Deribit: live order book, 15 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, 5 min ago | 0.19 bp | 6.8 bp −$7 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 15 min ago | 0.19 bp | 9.0 bp −$9 | 11.1 bp −$111 | doesn't fit | doesn't fit |
AMZN on 29 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 | 259.53 | +0.038% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.44 | +0.004% | $762K | $2.7M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.55 | +0.047% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALshort | 0.0000% | 1h | 259.42 | −0.004% | $28K | $174K | 10x | |
| Bitget AMZNUSDT | +0.0020% | 8h | 259.66 | +0.089% | $4.8M | $3.8M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.67 | +0.093% | $723K | $1.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0033% | 1h | 259.59 | +0.062% | $1.4M | $4.1M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0040% | 1h | 259.53 | +0.039% | $33K | — | 20x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0040% | 1h | 259.43 | long leg | $932K | $2.4M | 10x | |
| Arcus AMZN-USD | +0.0040% | 1h | 259.48 | +0.019% | $197K | $240K | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
GRVT AMZN_USDT_Perp
Bitget AMZNUSDT
Lighter RH AMZN
QFEX AMZN-USD
Hotstuff AMZN-PERP
Arcus AMZN-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.51 | +0.031% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.53 | +0.039% | $29.8M | $11.3M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.44 | +0.004% | $317K | $288K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.59 | +0.062% | $634 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.33 | −0.039% | $1.3M | $1.2M | 10x | as long as short |
| Nado AMZN-PERP | +0.0067% | 1h | 259.53 | +0.038% | $414K | $118K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0079% | 8h | 259.67 | +0.093% | $2.9M | $4.5M | 20x | as long as short |
| Lighter AMZN | +0.0080% | 1h | 259.63 | +0.078% | $824K | $1.1M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.49 | +0.023% | $1.5M | $571K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.40 | −0.012% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.60 | +0.066% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.55 | +0.048% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0198% | 8h | 259.60 | +0.064% | $1.8M | $1.1M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0200% | 1h | 259.57 | +0.055% | $498K | $2.7M | 10x | as long as short |
| Binance AMZNUSDT | +0.0201% | 8h | 259.64 | +0.081% | $16.1M | $29.8M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0216% | 8h | 259.73 | +0.116% | $3.8M | $3.2M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.29 | −0.054% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0247% | 1h | 259.59 | +0.062% | $5K | $77K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0792% | 4h | 259.49 | +0.024% | $28K | $248K | 10x | as long as short |
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Nado AMZN-PERP
OKX AMZN-USDT-SWAP
Lighter AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC