Funding you earn now, next payment 01:00 UTC+0.0215%/8h= +23.5% APRpaid last 24h +0.029%
Price spread now: Binance against QFEX+0.015%7-day average +0.020% · 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−$26as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 3 days (all we have)+0.055%+$6 on $10k
+Price spread, last 2 days (all we have)+0.015%+$2 · spread now +0.015%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.055% in total (about 5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX AMZN-USD | 259.30 | 0.0055 | pay 0.0007% / 1h | 21m 27s | $1.4M | $4.3M | 10x |
| Short | Binance AMZNUSDT | 259.34 | 0.0270 | get 0.0270% / 8h | 7h 21m | $16.1M | $29.8M | 20x |
QFEX AMZN-USD
Binance AMZNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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
- $45.05
- Price spread: +0.015% → +0.020%
- −$0.45
- Slippage, 4 orders
- −$5.71
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $18.89
- Costs to cover
- 0.257%
- Break-even
- 4.1 days
Slippage from QFEX: live order book, 7 min ago; Binance: live order book, 5 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 QFEX live order book, 7 min ago | 1.73 bp | 6.7 bp −$7 | 8.7 bp −$87 | 15.4 bp −$1,538 | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.19 bp | 6.2 bp −$6 | 11.2 bp −$112 | 45.1 bp −$4,508 | 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 | 259.18 | −0.047% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.19 | −0.042% | $766K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.14 | −0.062% | $27K | $173K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.34 | +0.015% | $720K | $1.5M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.11 | −0.073% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.15 | −0.058% | $309K | $289K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.28 | −0.008% | $623 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.01 | −0.112% | $1.3M | $1.2M | 10x | as long as short |
| QFEX AMZN-USDlong | +0.0055% | 1h | 259.30 | long leg | $1.4M | $4.3M | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0072% | 1h | 259.24 | −0.023% | $939K | $2.4M | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Deribit AMZN_USDC-PERPETUAL
Lighter RH AMZN
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Coinbase International AMZN-PERP-INTXShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AMZN_USDT_Perp | +0.0077% | 8h | 259.42 | +0.046% | $12K | $1.8M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.20 | −0.039% | $1.5M | $605K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.08 | −0.085% | $92K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.34 | +0.015% | $1K | $320 | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0104% | 1h | 259.16 | −0.054% | $33K | — | 20x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.25 | −0.019% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0124% | 8h | 259.31 | +0.004% | $2.9M | $4.5M | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0129% | 1h | 259.24 | −0.023% | $28.6M | $10.6M | 20x | as long as short |
| edgeX AMZNUSDC | +0.0151% | 4h | 259.23 | −0.028% | $28K | $248K | 10x | as long as short |
| Nado AMZN-PERP | +0.0195% | 1h | 259.15 | −0.058% | $414K | $122K | 20x | as long as short |
| Bybit AMZNUSDT | +0.0198% | 8h | 259.45 | +0.058% | $3.7M | $3.2M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.59 | +0.112% | $75K | $27K | 30x | as long as short |
| Lighter AMZN | +0.0224% | 1h | 259.35 | +0.019% | $826K | $1.1M | 20x | as long as short |
| Bitget AMZNUSDT | +0.0235% | 8h | 259.35 | +0.019% | $4.8M | $3.8M | 100x | as long as short |
| Arcus AMZN-USD | +0.0254% | 1h | 259.24 | −0.023% | $197K | $241K | 10x | as long as short |
| Variational Omni AMZN | +0.0262% | 8h | 259.35 | +0.017% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDTshort | +0.0270% | 8h | 259.34 | +0.015% | $16.1M | $29.8M | 20x | |
| Extended AMZN_24_5-USD | +0.0272% | 1h | 259.28 | −0.008% | $498K | $2.9M | 10x | as long as short |
| Phoenix AMZN | +0.0339% | 1h | 259.38 | +0.031% | $5K | $98K | 20x | as long as short |
| BloFin AMZN-USDT | +0.0391% | 8h | 259.28 | −0.008% | $177K | $215K | 20x | as long as short |
GRVT AMZN_USDT_Perp
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Hotstuff AMZN-PERP
Aevo AMZN-PERP
OKX AMZN-USDT-SWAP
tradeXYZ xyz:AMZN
edgeX AMZNUSDC
Nado AMZN-PERP
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Lighter AMZN
Bitget AMZNUSDT
Arcus AMZN-USD
Variational Omni AMZN
Extended AMZN_24_5-USD
Phoenix AMZN
BloFin AMZN-USDT