Funding you earn now, next payment 08:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.068%
Price spread now: Deribit against Bybit−0.108%7-day average −0.068% · 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−$40as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Funding, last 5 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.108%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.039% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AMZNUSDT | 260.07 | 0.0183 | pay 0.0183% / 8h | 9m 54s | $4.0M | $3.3M | 100x |
| Short | Deribit AMZN_USDC-PERPETUAL | 259.79 | 0.0020 | get 0.0002% / 1h | 9m 54s | $29K | $173K | 10x |
Bybit AMZNUSDT
Deribit AMZN_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$34.43
- Price spread: −0.108% → −0.068%
- −$3.93
- Slippage, 4 orders
- −$18.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$74.66
- Costs to cover
- 0.363%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Deribit: live order book, 29 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, 3 min ago | 2.31 bp | 9.9 bp −$10 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 29 min ago | 0.19 bp | 3.7 bp −$4 | 4.4 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff AMZN-PERP | −0.0032% | 1h | 259.83 | −0.092% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 260.02 | −0.019% | $203K | $208K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 260.01 | −0.023% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.82 | −0.096% | $766K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.05 | −0.008% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 260.01 | −0.021% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 260.02 | −0.021% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALshort | +0.0020% | 1h | 259.79 | −0.108% | $29K | $173K | 10x | |
| Extended AMZN_24_5-USD | +0.0024% | 1h | 259.94 | −0.051% | $498K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0025% | 8h | 260.00 | −0.027% | $16.0M | $29.5M | 20x | as long as short |
Hotstuff AMZN-PERP
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Extended AMZN_24_5-USD
Binance AMZNUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMZN | +0.0032% | 1h | 259.91 | −0.062% | $739K | $1.6M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.89 | −0.069% | $197K | $233K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.79 | −0.108% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.86 | −0.081% | $30.0M | $11.2M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.84 | −0.088% | $321K | $287K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.94 | −0.050% | $687 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.80 | −0.104% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0050% | 1h | 259.96 | −0.042% | $1.4M | $3.6M | 10x | as long as short |
| edgeX AMZNUSDC | +0.0063% | 4h | 259.94 | −0.049% | $28K | $250K | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0064% | 1h | 259.88 | −0.073% | $916K | $2.3M | 10x | as long as short |
| BloFin AMZN-USDT | +0.0093% | 8h | 260.05 | −0.008% | $178K | $301K | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.75 | −0.123% | $1.5M | $391K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.78 | −0.112% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.97 | −0.038% | $1K | $331 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.90 | −0.064% | $14K | $510 | 10x | as long as short |
| Nado AMZN-PERP | +0.0120% | 1h | 259.79 | −0.107% | $414K | $114K | 20x | as long as short |
| Lighter AMZN | +0.0160% | 1h | 259.90 | −0.064% | $749K | $1.3M | 20x | as long as short |
| Bybit AMZNUSDTlong | +0.0183% | 8h | 260.07 | long leg | $4.0M | $3.3M | 100x | |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.30 | −0.296% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.97 | −0.038% | $5K | $78K | 20x | as long as short |
Lighter RH AMZN
Arcus AMZN-USD
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
QFEX AMZN-USD
edgeX AMZNUSDC
Coinbase International AMZN-PERP-INTX
BloFin AMZN-USDT
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Nado AMZN-PERP
Lighter AMZN
Injective AMZN/USDC PERP
Phoenix AMZN