Funding you earn now, next payment 09:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.046%
Price spread now: Phoenix against Coinbase International+0.035%72s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.035% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 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 | Coinbase International AMZN-PERP-INTX | 260.38 | 0.0064 | pay 0.0008% / 1h | 15m 49s | $923K | $2.3M | 10x |
| Short | Phoenix AMZN | 260.47 | 0.0215 | get 0.0027% / 1h | 15m 49s | $5K | $84K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $31.68
- Price spread: +0.035% → 0.000%
- $3.46
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $18.14
- Costs to cover
- 0.170%
- Break-even
- 3.0 days
Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago | 2.11 bp | 8.1 bp −$8 | 10.8 bp −$108 | 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 | 260.48 | +0.038% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 260.41 | +0.012% | $779K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.61 | +0.088% | $4.9M | $4.2M | 100x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0008% | 8h | 260.68 | +0.115% | $2.9M | $4.7M | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0016% | 1h | 260.35 | −0.012% | $33K | — | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.54 | +0.061% | $717K | $1.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 260.39 | +0.004% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 260.41 | +0.012% | $323K | $283K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 260.51 | +0.050% | $700 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 260.18 | −0.077% | $1.3M | $1.0M | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMZN-USD | +0.0063% | 1h | 260.47 | +0.035% | $1.4M | $3.5M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0064% | 1h | 260.38 | long leg | $923K | $2.3M | 10x | |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 260.42 | +0.015% | $1.5M | $467K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 260.32 | −0.023% | $93K | $140K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.60 | +0.084% | $1K | $331 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 260.50 | +0.045% | $14K | $510 | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0106% | 1h | 260.45 | +0.027% | $30.1M | $11.5M | 20x | as long as short |
| Variational Omni AMZN | +0.0117% | 8h | 260.61 | +0.086% | $1.8M | $1.0M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0136% | 1h | 260.52 | +0.055% | $501K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0137% | 8h | 260.59 | +0.082% | $16.3M | $30.3M | 20x | as long as short |
| Arcus AMZN-USD | +0.0142% | 1h | 260.37 | −0.004% | $198K | $205K | 10x | as long as short |
| Phoenix AMZNshort | +0.0215% | 1h | 260.47 | +0.035% | $5K | $84K | 20x | |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.72 | +0.131% | $75K | $27K | 30x | as long as short |
| Nado AMZN-PERP | +0.0233% | 1h | 260.35 | −0.012% | $412K | $112K | 20x | as long as short |
| BloFin AMZN-USDT | +0.0253% | 8h | 260.62 | +0.092% | $181K | $314K | 20x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0278% | 8h | 260.56 | +0.070% | $12K | $1.8M | 10x | as long as short |
| Lighter AMZN | +0.0280% | 1h | 260.58 | +0.076% | $730K | $1.3M | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0326% | 1h | 260.49 | +0.042% | $29K | $138K | 10x | as long as short |
| Bybit AMZNUSDT | +0.0474% | 8h | 260.70 | +0.123% | $4.3M | $3.5M | 100x | as long as short |
| edgeX AMZNUSDC | +0.0629% | 4h | 260.56 | +0.071% | $28K | $249K | 10x | as long as short |
Coinbase International AMZN-PERP-INTX
Phoenix AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
OKX AMZN-USDT-SWAP
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
tradeXYZ xyz:AMZN
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Injective AMZN/USDC PERP
BloFin AMZN-USDT
GRVT AMZN_USDT_Perp
Lighter AMZN
Deribit AMZN_USDC-PERPETUAL
Bybit AMZNUSDT
edgeX AMZNUSDC