Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h −0.011%
Price spread now: Injective against Phoenix−0.269%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.269% cheaper against Phoenix than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMZN | 260.00 | 0.0277 | pay 0.0035% / 1h | 13m 37s | $5K | $78K | 20x |
| Short | Injective AMZN/USDC PERP | 259.30 | 0.0220 | get 0.0028% / 1h | 13m 37s | $75K | $27K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phoenix. 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
- −$12
- Price spread: −0.269% → 0.000%
- −$26.92
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$45.94
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Injective: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Phoenix and Injective: 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 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 | 260.02 | +0.006% | $203K | $211K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 260.05 | +0.019% | $2.9M | $4.7M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.89 | −0.042% | $765K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.06 | +0.023% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.99 | −0.004% | $11K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.85 | −0.058% | $28K | $175K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.01 | +0.004% | $725K | $1.6M | 10x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.95 | −0.019% | $1.4M | $3.8M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.92 | −0.031% | $918K | $2.4M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.89 | −0.042% | $197K | $240K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.92 | −0.031% | — | $104K | 25x | as long as short |
| Variational Omni AMZN | +0.0048% | 8h | 260.06 | +0.025% | $1.8M | $1.1M | — | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.83 | −0.065% | $322K | $278K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.95 | −0.019% | $684 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.78 | −0.085% | $1.3M | $1.2M | 10x | as long as short |
| Nado AMZN-PERP | +0.0053% | 1h | 259.96 | −0.015% | $415K | $112K | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0058% | 1h | 259.93 | −0.027% | $29.9M | $11.3M | 20x | as long as short |
| Binance AMZNUSDT | +0.0066% | 8h | 260.03 | +0.010% | $16.0M | $29.9M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0072% | 1h | 259.96 | −0.017% | $498K | $3.2M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.78 | −0.085% | $1.5M | $502K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.96 | −0.015% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.98 | −0.008% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.92 | −0.031% | $14K | $510 | 10x | as long as short |
| Lighter AMZN | +0.0112% | 1h | 260.03 | +0.012% | $805K | $1.0M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0140% | 8h | 260.08 | +0.031% | $3.7M | $3.2M | 100x | as long as short |
| Hotstuff AMZN-PERP | +0.0176% | 1h | 259.98 | −0.008% | $33K | — | 20x | as long as short |
| BloFin AMZN-USDT | +0.0192% | 8h | 259.93 | −0.027% | $178K | $206K | 20x | as long as short |
| Injective AMZN/USDC PERPshort | +0.0220% | 1h | 259.30 | −0.269% | $75K | $27K | 30x | |
| Phoenix AMZNlong | +0.0277% | 1h | 260.00 | long leg | $5K | $78K | 20x | |
| edgeX AMZNUSDC | +0.0875% | 4h | 259.97 | −0.011% | $28K | $249K | 10x | as long as short |
Phoenix AMZN
Injective AMZN/USDC PERP
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Coinbase International AMZN-PERP-INTX
Variational Omni AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
tradeXYZ xyz:AMZN
Binance AMZNUSDT
Extended AMZN_24_5-USD
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Lighter AMZN
Bybit AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC