Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.029%
Price spread now: Deribit against Arcus−0.035%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 4 days (all we have)+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.035%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.052% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus AMZN-USD | 259.63 | 0.0040 | pay 0.0005% / 1h | 36m 56s | $197K | $240K | 10x |
| Short | Deribit AMZN_USDC-PERPETUAL | 259.54 | 0 | get 0.0000% / 1h | 36m 56s | $28K | $174K | 10x |
Arcus AMZN-USD
Deribit AMZN_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Arcus. 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
- −$8.46
- Price spread: −0.035% → +0.017%
- −$5.18
- Slippage, 4 orders
- −$22.26
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$47.39
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 21 min ago; Deribit: live order book, 22 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 Arcus live order book, 21 min ago | 3.66 bp | 10.3 bp −$10 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 22 min ago | 0.19 bp | 3.7 bp −$4 | 5.4 bp −$54 | doesn't fit | 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 | 259.53 | −0.039% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.53 | −0.039% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.81 | +0.069% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.78 | +0.058% | $16K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALshort | 0.0000% | 1h | 259.54 | −0.035% | $28K | $174K | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0032% | 1h | 259.60 | −0.012% | $917K | $2.4M | 10x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.69 | +0.023% | $1.4M | $3.8M | 10x | as long as short |
| Arcus AMZN-USDlong | +0.0040% | 1h | 259.63 | long leg | $197K | $240K | 10x | |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.52 | −0.042% | — | $104K | 25x | as long as short |
| Lighter RH AMZN | +0.0048% | 1h | 259.79 | +0.062% | $723K | $1.5M | 10x | as long as short |
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Coinbase International AMZN-PERP-INTX
QFEX AMZN-USD
Vest AMZN-USD-PERP
Lighter RH AMZNShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.61 | −0.008% | $321K | $275K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.68 | +0.019% | $659 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.46 | −0.065% | $1.3M | $1.2M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0062% | 8h | 259.79 | +0.062% | $2.9M | $4.6M | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0072% | 1h | 259.61 | −0.008% | $33K | — | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.58 | −0.019% | $1.5M | $529K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.51 | −0.046% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.74 | +0.042% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.65 | +0.006% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0133% | 8h | 259.77 | +0.056% | $1.8M | $1.1M | — | as long as short |
| Bybit AMZNUSDT | +0.0144% | 8h | 259.83 | +0.077% | $3.7M | $3.2M | 100x | as long as short |
| Binance AMZNUSDT | +0.0150% | 8h | 259.74 | +0.042% | $16.1M | $29.6M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0152% | 1h | 259.68 | +0.017% | $499K | $2.7M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0171% | 1h | 259.66 | +0.012% | $29.9M | $11.1M | 20x | as long as short |
| Phoenix AMZN | +0.0185% | 1h | 259.75 | +0.046% | $5K | $77K | 20x | as long as short |
| Nado AMZN-PERP | +0.0192% | 1h | 259.50 | −0.048% | $415K | $118K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.45 | −0.069% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0270% | 8h | 259.77 | +0.054% | $180K | $204K | 20x | as long as short |
| Lighter AMZN | +0.0280% | 1h | 259.76 | +0.049% | $811K | $1.1M | 20x | as long as short |
| edgeX AMZNUSDC | +0.0684% | 4h | 259.70 | +0.028% | $28K | $248K | 10x | as long as short |
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
OKX AMZN-USDT-SWAP
Hotstuff AMZN-PERP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Variational Omni AMZN
Bybit AMZNUSDT
Binance AMZNUSDT
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Phoenix AMZN
Nado AMZN-PERP
Injective AMZN/USDC PERP
BloFin AMZN-USDT
Lighter AMZN
edgeX AMZNUSDC