Funding you earn now, next payment 12:00 UTC−0.0279%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.020%
Price spread now: QFEX against Extended+0.005%7-day average −0.025% · 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−$23as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)−0.045%−$5 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.005%, 7d avg −0.025%
=Together, before fees−0.016%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.030% dearer against Extended than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 4 days (−0.045% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.045% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended AMZN_24_5-USD | 259.98 | 0.0320 | pay 0.0040% / 1h | 54m 45s | $494K | $4.0M | 10x |
| Short | QFEX AMZN-USD | 259.99 | 0.0041 | get 0.0005% / 1h | 54m 45s | $1.4M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Extended. 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
- −$58.65
- Price spread: +0.005% → −0.025%
- $3.05
- Slippage, 4 orders
- −$10.64
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$81.24
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; QFEX: live order book, 7 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 Extended live order book, 2 min ago | 0.77 bp | 6.5 bp −$6 | 42.5 bp −$425 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.35 bp | 6.3 bp −$6 | 6.3 bp −$63 | 11.7 bp −$1,170 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AMZN-PERP | −0.0032% | 1h | 259.98 | +0.001% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 260.06 | +0.032% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.90 | −0.029% | $827K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0019% | 1h | 259.90 | −0.029% | $37K | $135K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.00 | +0.009% | $711K | $1.5M | 10x | as long as short |
| QFEX AMZN-USDshort | +0.0041% | 1h | 259.99 | +0.005% | $1.4M | $3.5M | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.89 | −0.033% | — | $104K | 25x | as long as short |
| Bitget AMZNUSDT | +0.0046% | 8h | 260.06 | +0.032% | $5.0M | $5.0M | 100x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0048% | 1h | 260.03 | +0.021% | $930K | $2.5M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.89 | −0.033% | $30.2M | $11.6M | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.91 | −0.026% | $317K | $293K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.97 | −0.003% | $712 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.71 | −0.103% | $1.3M | $1.0M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0088% | 8h | 260.21 | +0.090% | $2.9M | $4.9M | 20x | as long as short |
| Lighter AMZN | +0.0088% | 1h | 260.00 | +0.008% | $726K | $1.2M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.92 | −0.022% | $1.5M | $535K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.82 | −0.060% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.23 | +0.097% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.96 | −0.005% | $14K | $510 | 10x | as long as short |
| Arcus AMZN-USD | +0.0105% | 1h | 259.84 | −0.053% | $197K | $207K | 10x | as long as short |
| Nado AMZN-PERP | +0.0161% | 1h | 259.92 | −0.023% | $404K | $115K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.08 | +0.040% | $76K | $23K | 30x | as long as short |
| Phoenix AMZN | +0.0276% | 1h | 260.18 | +0.078% | $5K | $95K | 20x | as long as short |
| Variational Omni AMZN | +0.0298% | 8h | 260.07 | +0.038% | $1.8M | $1.0M | — | as long as short |
| Binance AMZNUSDT | +0.0318% | 8h | 260.07 | +0.036% | $16.5M | $32.4M | 20x | as long as short |
| Extended AMZN_24_5-USDlong | +0.0320% | 1h | 259.98 | long leg | $494K | $4.0M | 10x | |
| Bybit AMZNUSDT | +0.0397% | 8h | 260.14 | +0.063% | $4.3M | $3.7M | 100x | as long as short |
| BloFin AMZN-USDT | +0.0441% | 8h | 260.20 | +0.086% | $184K | $318K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0478% | 4h | 260.03 | +0.020% | $28K | $248K | 10x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0498% | 8h | 260.08 | +0.040% | $17K | $1.8M | 10x | as long as short |
Extended AMZN_24_5-USD
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Bitget AMZNUSDT
Coinbase International AMZN-PERP-INTX
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
OKX AMZN-USDT-SWAP
Lighter AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
Variational Omni AMZN
Binance AMZNUSDT
Bybit AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC
GRVT AMZN_USDT_Perp