Funding you earn now, next payment 20:00 UTC−0.0115%/8hpaid last 24h +0.001%
Price spread now: Binance against Deribit+0.023%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)−0.090%−$9 on $10k
+Price spread, last 1 day (all we have)+0.033%+$3 · spread now +0.023%, 7d avg +0.045%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.021% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMZN_USDC-PERPETUAL | 259.41 | 0.0174 | pay 0.0022% / 1h | 22m 28s | $27K | $274K | 10x |
| Short | Binance AMZNUSDT | 259.47 | 0.0059 | get 0.0059% / 8h | 4h 22m | $16.1M | $29.9M | 20x |
Deribit AMZN_USDC-PERPETUAL
Binance AMZNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$24.11
- Price spread: +0.023% → +0.045%
- −$2.14
- Slippage, 4 orders
- −$8.56
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.81
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 10 min ago; Binance: 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 Deribit live order book, 10 min ago | 3.66 bp | 7.2 bp −$7 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.19 bp | 5.6 bp −$6 | 10.1 bp −$101 | 33.3 bp −$3,325 | 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 | 259.40 | −0.004% | $192K | $176K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.34 | −0.027% | $751K | $2.5M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.42 | +0.004% | $8K | $1.5M | 10x | as long as short |
| Injective AMZN/USDC PERP | +0.0001% | 1h | 259.32 | −0.035% | $75K | $21K | 30x | as long as short |
| Hotstuff AMZN-PERP | +0.0024% | 1h | 259.27 | −0.054% | $33K | — | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.54 | +0.050% | $696K | $1.6M | 10x | as long as short |
| Variational Omni AMZN | +0.0035% | 8h | 259.25 | −0.060% | $1.5M | $1.4M | — | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.29 | −0.046% | — | $11K | 25x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0048% | 1h | 259.24 | −0.066% | $922K | $2.5M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0050% | 8h | 259.53 | +0.046% | $3.0M | $4.3M | 20x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
GRVT AMZN_USDT_Perp
Injective AMZN/USDC PERP
Hotstuff AMZN-PERP
Lighter RH AMZN
Variational Omni AMZN
Vest AMZN-USD-PERP
Coinbase International AMZN-PERP-INTX
OKX AMZN-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.35 | −0.023% | $28.5M | $9.8M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.27 | −0.054% | $306K | $308K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.45 | +0.015% | $623 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.35 | −0.023% | $1.3M | $1.2M | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0056% | 1h | 259.46 | +0.018% | $492K | $2.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0056% | 1h | 259.46 | +0.019% | $1.4M | $4.2M | 10x | as long as short |
| Binance AMZNUSDTshort | +0.0059% | 8h | 259.47 | +0.023% | $16.1M | $29.9M | 20x | |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.29 | −0.046% | $1.5M | $648K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.26 | −0.058% | $93K | $139K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.50 | +0.035% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.45 | +0.016% | $14K | $510 | 10x | as long as short |
| Bybit AMZNUSDT | +0.0140% | 8h | 259.56 | +0.058% | $3.7M | $3.1M | 100x | as long as short |
| Phoenix AMZN | +0.0155% | 1h | 259.39 | −0.008% | $5K | $118K | 20x | as long as short |
| Nado AMZN-PERP | +0.0164% | 1h | 259.29 | −0.048% | $418K | $125K | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUALlong | +0.0174% | 1h | 259.41 | long leg | $27K | $274K | 10x | |
| BloFin AMZN-USDT | +0.0179% | 8h | 259.51 | +0.039% | $185K | $182K | 20x | as long as short |
| Bitget AMZNUSDT | +0.0207% | 8h | 259.52 | +0.042% | $4.7M | $3.7M | 100x | as long as short |
| Arcus AMZN-USD | +0.0242% | 1h | 259.28 | −0.050% | $197K | $233K | 10x | as long as short |
| Lighter AMZN | +0.0248% | 1h | 259.60 | +0.072% | $802K | $1.1M | 20x | as long as short |
| edgeX AMZNUSDC | +0.0472% | 4h | 259.42 | +0.005% | $28K | $247K | 10x | as long as short |
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Extended AMZN_24_5-USD
QFEX AMZN-USD
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Bybit AMZNUSDT
Phoenix AMZN
Nado AMZN-PERP
BloFin AMZN-USDT
Bitget AMZNUSDT
Arcus AMZN-USD
Lighter AMZN
edgeX AMZNUSDC