Funding you earn now, next payment 00:00 UTC+0.0322%/8h= +35.3% APRpaid last 24h +0.061%
Price spread now: BloFin against Coinbase International+0.058%58s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 3 days (all we have)+0.015%+$2 · spread now +0.058%, 7d avg +0.114%
=Funding pays, the price is against you. BloFin is 0.056% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.114%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.098% in total) that is about 4.0 days. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% 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 | Coinbase International AMZN-PERP-INTX | 259.24 | 0.0072 | pay 0.0009% / 1h | 23m 57s | $939K | $2.4M | 10x |
| Short | BloFin AMZN-USDT | 259.39 | 0.0394 | get 0.0394% / 8h | 7h 23m | $177K | $215K | 20x |
Coinbase International AMZN-PERP-INTX
BloFin AMZN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- $67.67
- Price spread: +0.058% → +0.114%
- −$5.61
- Slippage, 4 orders
- −$7.85
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $32.2
- Costs to cover
- 0.299%
- Break-even
- 3.7 days
Slippage from Coinbase International: live order book, 5 min ago; BloFin: live order book, 41 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 Coinbase International live order book, 5 min ago | 2.51 bp | 8.3 bp −$8 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 0.19 bp | 7.0 bp −$7 | 9.9 bp −$99 | 26.1 bp −$2,610 | 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 | 259.19 | −0.021% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.20 | −0.015% | $766K | $2.6M | 100x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.13 | −0.042% | $27K | $173K | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.34 | +0.039% | $720K | $1.5M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.13 | −0.042% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.18 | −0.023% | $309K | $289K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.24 | 0.000% | $627 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.12 | −0.046% | $1.3M | $1.2M | 10x | as long as short |
| QFEX AMZN-USD | +0.0055% | 1h | 259.31 | +0.027% | $1.4M | $4.3M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0072% | 1h | 259.24 | long leg | $939K | $2.4M | 10x |
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
QFEX AMZN-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AMZN_USDT_Perp | +0.0081% | 8h | 259.50 | +0.101% | $12K | $1.8M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.22 | −0.008% | $1.5M | $605K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.27 | +0.012% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.32 | +0.031% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.23 | −0.004% | $14K | $510 | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0120% | 1h | 259.20 | −0.015% | $33K | — | 20x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0127% | 8h | 259.31 | +0.027% | $2.9M | $4.5M | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0131% | 1h | 259.16 | −0.031% | $28.6M | $10.6M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0187% | 8h | 259.39 | +0.058% | $3.7M | $3.2M | 100x | as long as short |
| Nado AMZN-PERP | +0.0198% | 1h | 259.12 | −0.047% | $414K | $122K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.14 | −0.039% | $75K | $27K | 30x | as long as short |
| Lighter AMZN | +0.0224% | 1h | 259.31 | +0.026% | $826K | $1.1M | 20x | as long as short |
| Bitget AMZNUSDT | +0.0246% | 8h | 259.33 | +0.035% | $4.8M | $3.8M | 100x | as long as short |
| Arcus AMZN-USD | +0.0254% | 1h | 259.33 | +0.035% | $197K | $241K | 10x | as long as short |
| Variational Omni AMZN | +0.0269% | 8h | 259.43 | +0.071% | $1.8M | $1.1M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0272% | 1h | 259.22 | −0.007% | $498K | $3.1M | 10x | as long as short |
| Binance AMZNUSDT | +0.0273% | 8h | 259.28 | +0.015% | $16.1M | $29.8M | 20x | as long as short |
| Phoenix AMZN | +0.0339% | 1h | 259.38 | +0.054% | $5K | $98K | 20x | as long as short |
| BloFin AMZN-USDTshort | +0.0394% | 8h | 259.39 | +0.058% | $177K | $215K | 20x | |
| edgeX AMZNUSDC | +0.0629% | 4h | 259.45 | +0.083% | $28K | $247K | 10x | as long as short |
GRVT AMZN_USDT_Perp
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Hotstuff AMZN-PERP
OKX AMZN-USDT-SWAP
tradeXYZ xyz:AMZN
Bybit AMZNUSDT
Nado AMZN-PERP
Injective AMZN/USDC PERP
Lighter AMZN
Bitget AMZNUSDT
Arcus AMZN-USD
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
Phoenix AMZN
edgeX AMZNUSDC