Settings8H · net · $10k
Funding arb · Price arb /

AMZN

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0301%/8h= −32.9% APRnext payment $0.38 per $10,000 · paid last 24h −0.015%
Price spread now: Deribit against Extended−0.003%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.272% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.003%, 7d avg −0.028%
Together, before fees+0.134%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.025% dearer against Extended than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 5 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.060% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.38 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AMZN_24_5-USD260.110.0320pay 0.0040% / 1h58m 33s$494K$4.0M10x
ShortDeribit AMZN_USDC-PERPETUAL260.100.0019get 0.0002% / 1h58m 33s$37K$144K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63.17
Price spread: −0.003% → −0.028%
$2.51
Slippage, 4 orders
−$15.17
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$87.83
Costs to cover
0.272%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Deribit: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 3 min ago0.77 bp6.5 bp −$638.3 bp −$383doesn't fitdoesn't fit
Sell Deribit live order book, 48 min ago0.19 bp3.7 bp −$45.3 bp −$53doesn't fitdoesn't fit

AMZN on 30 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AMZNUSDT0.0000%8h260.26+0.057%$204K$209K20xas long as short
Gate AMZN_USDT0.0000%8h260.03−0.030%$828K$2.6M100xas long as short
Deribit AMZN_USDC-PERPETUALshort+0.0019%1h260.10−0.003%$37K$144K10x
Lighter RH AMZN+0.0032%1h260.14+0.012%$713K$1.5M10xas long as short
Bitget AMZNUSDT+0.0043%8h260.18+0.027%$5.0M$5.0M100xas long as short
Vest AMZN-USD-PERP+0.0046%1h260.04−0.027%$104K25xas long as short
Hotstuff AMZN-PERP+0.0048%1h260.06−0.019%$33K20xas long as short
Coinbase International AMZN-PERP-INTX+0.0048%1h260.03−0.030%$930K$2.5M10xas long as short
tradeXYZ xyz:AMZN+0.0050%1h260.05−0.023%$30.2M$11.7M20xas long as short
Polymarket Perps AMZN-USD+0.0050%1h260.06−0.019%$317K$293K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AMZN-USD+0.0050%1h260.12+0.004%$701$5K10xas long as short
Ondo Perps AMZN-USD.P+0.0050%1h259.95−0.061%$1.3M$1.0M10xas long as short
QFEX AMZN-USD+0.0061%1h260.08−0.011%$1.4M$3.5M10xas long as short
Lighter AMZN+0.0080%1h260.13+0.010%$727K$1.2M20xas long as short
OKX AMZN-USDT-SWAP+0.0089%8h260.29+0.070%$2.9M$4.9M20xas long as short
KuCoin AMZNUSDTM+0.0100%8h260.06−0.019%$1.5M$531K20xas long as short
ApeX Omni AMZNUSDT+0.0100%1h259.89−0.084%$93K$130K50xas long as short
Orderly PERP_AMZN_USDC_mythos+0.0100%8h260.31+0.077%$1K$1K10xas long as short
Aevo AMZN-PERP+0.0104%1h260.16+0.019%$14K$51010xas long as short
Arcus AMZN-USD+0.0105%1h260.03−0.030%$197K$207K10xas long as short
Nado AMZN-PERP+0.0173%1h260.08−0.011%$405K$115K20xas long as short
Injective AMZN/USDC PERP+0.0220%1h260.19+0.031%$76K$23K30xas long as short
Phoenix AMZN+0.0276%1h260.04−0.027%$5K$84K20xas long as short
Variational Omni AMZN+0.0296%8h260.18+0.025%$1.8M$1.0Mas long as short
Extended AMZN_24_5-USDlong+0.0320%1h260.11long leg$494K$4.0M10x
Binance AMZNUSDT+0.0324%8h260.19+0.031%$16.5M$32.3M20xas long as short
Bybit AMZNUSDT+0.0404%8h260.33+0.085%$4.3M$3.7M100xas long as short
BloFin AMZN-USDT+0.0438%8h260.27+0.062%$184K$317K20xas long as short
GRVT AMZN_USDT_Perp+0.0504%8h260.12+0.006%$17K$1.8M10xas long as short
edgeX AMZNUSDC+0.0685%4h260.09−0.006%$28K$250K10xas long as short