Funding you earn now, next payment 07:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.014%
Price spread now: OKX against Coinbase International+0.031%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.031%, 7d avg +0.112%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.081% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.112%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AMZN-PERP-INTX | 259.88 | 0.0064 | pay 0.0008% / 1h | 7m 06s | $916K | $2.3M | 10x |
| Short | OKX AMZN-USDT-SWAP | 259.96 | 0 | get 0.0000% / 8h | 7m 06s | $2.8M | $4.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.44
- Price spread: +0.031% → +0.112%
- −$8.08
- Slippage, 4 orders
- −$14.15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$55.67
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; OKX: live order book, 5 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, 2 min ago | 2.12 bp | 8.7 bp −$9 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.19 bp | 10.9 bp −$11 | 17.2 bp −$172 | 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 | −0.0040% | 1h | 259.79 | −0.035% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 260.02 | +0.053% | $203K | $208K | 20x | as long as short |
| OKX AMZN-USDT-SWAPshort | 0.0000% | 8h | 259.96 | +0.031% | $2.8M | $4.8M | 20x | |
| Gate AMZN_USDT | 0.0000% | 8h | 259.80 | −0.031% | $766K | $2.6M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 260.00 | +0.046% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZN | 0.0000% | 8h | 260.01 | +0.052% | $1.8M | $1.1M | — | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 260.00 | +0.045% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.75 | −0.050% | $29K | $173K | 10x | as long as short |
| Extended AMZN_24_5-USD | +0.0024% | 1h | 259.90 | +0.007% | $498K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | +0.0028% | 8h | 259.97 | +0.034% | $16.0M | $29.5M | 20x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH AMZN | +0.0032% | 1h | 259.89 | +0.004% | $739K | $1.6M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.85 | −0.012% | $197K | $233K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.76 | −0.046% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.83 | −0.019% | $30.0M | $11.2M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.80 | −0.031% | $321K | $287K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.89 | +0.004% | $687 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.70 | −0.069% | $1.3M | $1.1M | 10x | as long as short |
| QFEX AMZN-USD | +0.0050% | 1h | 259.90 | +0.008% | $1.4M | $3.6M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTXlong | +0.0064% | 1h | 259.88 | long leg | $916K | $2.3M | 10x | |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.76 | −0.046% | $1.5M | $391K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.76 | −0.046% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.92 | +0.015% | $1K | $331 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.87 | −0.004% | $14K | $510 | 10x | as long as short |
| BloFin AMZN-USDT | +0.0110% | 8h | 259.95 | +0.027% | $178K | $301K | 20x | as long as short |
| Nado AMZN-PERP | +0.0124% | 1h | 259.71 | −0.065% | $414K | $114K | 20x | as long as short |
| Lighter AMZN | +0.0160% | 1h | 259.88 | 0.000% | $749K | $1.3M | 20x | as long as short |
| Bybit AMZNUSDT | +0.0188% | 8h | 260.04 | +0.062% | $4.0M | $3.3M | 100x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.30 | −0.223% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0277% | 1h | 259.97 | +0.035% | $5K | $78K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0497% | 4h | 259.99 | +0.041% | $28K | $248K | 10x | as long as short |
Coinbase International AMZN-PERP-INTX
OKX AMZN-USDT-SWAP
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
Variational Omni AMZN
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Extended AMZN_24_5-USD
Binance AMZNUSDT
Lighter RH AMZN
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
BloFin AMZN-USDT
Lighter AMZN
Bybit AMZNUSDT
Injective AMZN/USDC PERP
Phoenix AMZN
edgeX AMZNUSDC