Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Deribit against Coinbase International−0.054%7-day average +0.056% · 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−$43as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 5 days (all we have)−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.054%, 7d avg +0.056%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.110% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 259.73 | 0.0024 | pay 0.0003% / 1h | 50m 56s | $911K | $2.3M | 10x |
| Short | Deribit AMZN_USDC-PERPETUAL | 259.59 | 0 | get 0.0000% / 1h | 50m 56s | $28K | $176K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$5.04
- Price spread: −0.054% → +0.056%
- −$10.95
- Slippage, 4 orders
- −$15.24
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$48.23
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Deribit: live order book, 57 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, 3 min ago | 2.31 bp | 8.1 bp −$8 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 57 min ago | 0.19 bp | 3.7 bp −$4 | 4.3 bp −$43 | 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 | 259.79 | +0.022% | $203K | $211K | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 259.84 | +0.042% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.77 | +0.015% | $764K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.89 | +0.062% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 259.87 | +0.052% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.88 | +0.058% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALshort | 0.0000% | 1h | 259.59 | −0.054% | $28K | $176K | 10x | |
| Binance AMZNUSDT | +0.0014% | 8h | 259.85 | +0.048% | $15.9M | $29.9M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0016% | 1h | 259.78 | +0.018% | $498K | $3.1M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0024% | 1h | 259.73 | long leg | $911K | $2.3M | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMZN | +0.0032% | 1h | 259.84 | +0.042% | $725K | $1.6M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.74 | +0.004% | $197K | $240K | 10x | as long as short |
| QFEX AMZN-USD | +0.0045% | 1h | 259.80 | +0.027% | $1.4M | $3.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.75 | +0.008% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.73 | 0.000% | $30.0M | $11.3M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.68 | −0.019% | $318K | $288K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.75 | +0.008% | $683 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.61 | −0.046% | $1.3M | $1.2M | 10x | as long as short |
| BloFin AMZN-USDT | +0.0054% | 8h | 259.83 | +0.039% | $177K | $206K | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0080% | 1h | 259.74 | +0.004% | $33K | — | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.73 | 0.000% | $1.5M | $458K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.68 | −0.019% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.80 | +0.027% | $1K | $320 | 10x | as long as short |
| Bybit AMZNUSDT | +0.0102% | 8h | 259.96 | +0.089% | $3.7M | $3.2M | 100x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.75 | +0.006% | $14K | $510 | 10x | as long as short |
| Lighter AMZN | +0.0128% | 1h | 259.82 | +0.036% | $748K | $1.3M | 20x | as long as short |
| Nado AMZN-PERP | +0.0160% | 1h | 259.69 | −0.015% | $414K | $113K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.71 | −0.008% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0308% | 1h | 259.84 | +0.042% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0326% | 4h | 259.83 | +0.039% | $28K | $249K | 10x | as long as short |
Coinbase International AMZN-PERP-INTX
Deribit AMZN_USDC-PERPETUAL
Aster AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Binance AMZNUSDT
Extended AMZN_24_5-USD
Lighter RH AMZN
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
BloFin AMZN-USDT
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Bybit AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC