Funding you earn now, next payment 16:00 UTC−0.0493%/8h= −54.0% APRnext payment −$4.93 per $10,000 · paid last 24h −0.079%
Price spread now: Gate against Bybit−0.142%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 7 days−0.163%−$16 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.142%, 7d avg −0.054%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.088% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.163% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.93 per $10,000. 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 | Bybit AMZNUSDT | 260.01 | 0.0493 | pay 0.0493% / 8h | 7h 21m | $4.3M | $3.5M | 100x |
| Short | Gate AMZN_USDT | 259.64 | 0 | get 0.0000% / 8h | 7h 21m | $770K | $2.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$103.52
- Price spread: −0.142% → −0.054%
- −$8.82
- Slippage, 4 orders
- −$29.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$168.26
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 0.58 bp | 13.4 bp −$13 | 26.6 bp −$266 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.01 bp | 15.1 bp −$15 | 33.5 bp −$335 | 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 | −0.1448% | 1h | 259.58 | −0.165% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.84 | −0.067% | $204K | $209K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 259.89 | −0.046% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDTshort | 0.0000% | 8h | 259.64 | −0.142% | $770K | $2.6M | 100x | |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.88 | −0.050% | $4.9M | $4.1M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 259.73 | −0.110% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.74 | −0.104% | $12K | $1.8M | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0016% | 1h | 259.81 | −0.079% | $501K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0018% | 8h | 259.88 | −0.052% | $16.1M | $29.9M | 20x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.75 | −0.100% | $718K | $1.6M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMZN-USD | +0.0040% | 1h | 259.61 | −0.154% | $197K | $233K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.63 | −0.146% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.64 | −0.142% | $29.8M | $11.4M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.60 | −0.158% | $321K | $282K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.76 | −0.096% | $696 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.39 | −0.238% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0052% | 1h | 259.71 | −0.115% | $1.4M | $3.5M | 10x | as long as short |
| BloFin AMZN-USDT | +0.0072% | 8h | 259.86 | −0.058% | $180K | $304K | 20x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0088% | 1h | 259.59 | −0.162% | $918K | $2.3M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.63 | −0.146% | $1.5M | $423K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.52 | −0.188% | $93K | $133K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.72 | −0.112% | $1K | $331 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.68 | −0.125% | $14K | $510 | 10x | as long as short |
| Nado AMZN-PERP | +0.0154% | 1h | 259.54 | −0.180% | $414K | $114K | 20x | as long as short |
| Lighter AMZN | +0.0176% | 1h | 259.76 | −0.095% | $743K | $1.3M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.10 | +0.035% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0246% | 1h | 259.78 | −0.088% | $5K | $78K | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0328% | 1h | 259.68 | −0.127% | $29K | $151K | 10x | as long as short |
| edgeX AMZNUSDC | +0.0436% | 4h | 259.67 | −0.129% | $28K | $249K | 10x | as long as short |
| Bybit AMZNUSDTlong | +0.0493% | 8h | 260.01 | long leg | $4.3M | $3.5M | 100x |
Bybit AMZNUSDT
Gate AMZN_USDT
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Extended AMZN_24_5-USD
Binance AMZNUSDT
Lighter RH AMZN
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
BloFin AMZN-USDT
Coinbase International AMZN-PERP-INTX
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
Phoenix AMZN
Deribit AMZN_USDC-PERPETUAL
edgeX AMZNUSDC