Funding you earn now, next payment 05:00 UTC−0.0143%/8h= −15.7% APRpaid last 24h −0.034%
Price spread now: Arcus against Bybit−0.135%7-day average −0.086% · 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−$51as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 4 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.135%, 7d avg −0.086%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Arcus is 0.049% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.086%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMZNUSDT | 260.06 | 0.0183 | pay 0.0183% / 8h | 3h 43m | $3.7M | $3.2M | 100x |
| Short | Arcus AMZN-USD | 259.71 | 0.0040 | get 0.0005% / 1h | 43m 04s | $197K | $240K | 10x |
Bybit AMZNUSDT
Arcus AMZN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- −$30.02
- Price spread: −0.135% → −0.086%
- −$4.86
- Slippage, 4 orders
- −$30.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$81.19
- Costs to cover
- 0.463%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Arcus: live order book, 10 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 Bybit live order book, 4 min ago | 1.92 bp | 10.8 bp −$11 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 10 min ago | 4.43 bp | 10.8 bp −$11 | 12.2 bp −$122 | 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 | 259.71 | −0.136% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.85 | −0.081% | $764K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.93 | −0.050% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.86 | −0.077% | $14K | $1.8M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0016% | 1h | 259.77 | −0.112% | $33K | — | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0023% | 8h | 259.89 | −0.065% | $2.9M | $4.7M | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.92 | −0.054% | $720K | $1.5M | 10x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.86 | −0.077% | $1.4M | $3.8M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0040% | 1h | 259.63 | −0.165% | $917K | $2.4M | 10x | as long as short |
| Arcus AMZN-USDshort | +0.0040% | 1h | 259.71 | −0.135% | $197K | $240K | 10x |
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Hotstuff AMZN-PERP
OKX AMZN-USDT-SWAP
Lighter RH AMZN
QFEX AMZN-USD
Coinbase International AMZN-PERP-INTXShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.71 | −0.135% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.74 | −0.123% | $323K | $277K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.86 | −0.077% | $665 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.65 | −0.158% | $1.3M | $1.2M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0058% | 1h | 259.75 | −0.119% | $28K | $175K | 10x | as long as short |
| Variational Omni AMZN | +0.0088% | 8h | 259.87 | −0.073% | $1.8M | $1.1M | — | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.65 | −0.158% | $1.5M | $504K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.63 | −0.165% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.87 | −0.073% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.83 | −0.090% | $14K | $510 | 10x | as long as short |
| Binance AMZNUSDT | +0.0111% | 8h | 259.93 | −0.050% | $16.1M | $29.7M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0112% | 1h | 259.86 | −0.078% | $498K | $2.7M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0127% | 1h | 259.82 | −0.092% | $29.8M | $11.2M | 20x | as long as short |
| Nado AMZN-PERP | +0.0131% | 1h | 259.72 | −0.130% | $414K | $112K | 20x | as long as short |
| Bybit AMZNUSDTlong | +0.0183% | 8h | 260.06 | long leg | $3.7M | $3.2M | 100x | |
| Lighter AMZN | +0.0200% | 1h | 259.90 | −0.061% | $804K | $1.0M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.11 | −0.365% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0231% | 8h | 259.79 | −0.104% | $178K | $204K | 20x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.80 | −0.100% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0749% | 4h | 259.73 | −0.128% | $28K | $249K | 10x | as long as short |
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Deribit AMZN_USDC-PERPETUAL
Variational Omni AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Binance AMZNUSDT
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Nado AMZN-PERP
Lighter AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
Phoenix AMZN
edgeX AMZNUSDC