Funding you earn now, next payment 03:00 UTC+0.0165%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.032%
Price spread now: Phoenix against Deribit+0.065%70s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.065% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AMZN_USDC-PERPETUAL | 259.58 | 0.0020 | pay 0.0002% / 1h | 37m 48s | $28K | $174K | 10x |
| Short | Phoenix AMZN | 259.75 | 0.0185 | get 0.0023% / 1h | 37m 48s | $5K | $77K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Deribit. 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
- $34.64
- Price spread: +0.065% → 0.000%
- $6.55
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $27.19
- Costs to cover
- 0.140%
- Break-even
- 1.5 days
Slippage unknown: Deribit: live order book, 21 min ago; Phoenix: no order-book sample. Net counts fees only.
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 Deribit live order book, 21 min ago | 0.19 bp | 9.8 bp −$10 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 259.55 | −0.013% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.57 | −0.004% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.81 | +0.089% | $4.9M | $4.0M | 100x | as long as short |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.78 | +0.077% | $16K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUALlong | +0.0020% | 1h | 259.58 | long leg | $28K | $174K | 10x | |
| Coinbase International AMZN-PERP-INTX | +0.0032% | 1h | 259.55 | −0.012% | $918K | $2.4M | 10x | as long as short |
| QFEX AMZN-USD | +0.0040% | 1h | 259.69 | +0.042% | $1.4M | $3.8M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.64 | +0.023% | $197K | $240K | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.52 | −0.023% | — | $104K | 25x | as long as short |
| Lighter RH AMZN | +0.0048% | 1h | 259.79 | +0.081% | $723K | $1.5M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.62 | +0.015% | $321K | $275K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.68 | +0.039% | $658 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.46 | −0.046% | $1.3M | $1.2M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0062% | 8h | 259.77 | +0.073% | $2.9M | $4.6M | 20x | as long as short |
| Hotstuff AMZN-PERP | +0.0072% | 1h | 259.66 | +0.031% | $33K | — | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.57 | −0.004% | $1.5M | $531K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.51 | −0.027% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.74 | +0.062% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.65 | +0.028% | $14K | $510 | 10x | as long as short |
| Variational Omni AMZN | +0.0133% | 8h | 259.77 | +0.075% | $1.8M | $1.1M | — | as long as short |
| Bybit AMZNUSDT | +0.0142% | 8h | 259.82 | +0.092% | $3.7M | $3.2M | 100x | as long as short |
| Binance AMZNUSDT | +0.0150% | 8h | 259.73 | +0.058% | $16.1M | $29.6M | 20x | as long as short |
| Extended AMZN_24_5-USD | +0.0152% | 1h | 259.67 | +0.035% | $499K | $2.7M | 10x | as long as short |
| tradeXYZ xyz:AMZN | +0.0170% | 1h | 259.64 | +0.023% | $29.9M | $11.0M | 20x | as long as short |
| Phoenix AMZNshort | +0.0185% | 1h | 259.75 | +0.065% | $5K | $77K | 20x | |
| Nado AMZN-PERP | +0.0193% | 1h | 259.54 | −0.015% | $415K | $118K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.45 | −0.050% | $75K | $27K | 30x | as long as short |
| BloFin AMZN-USDT | +0.0270% | 8h | 259.77 | +0.073% | $179K | $204K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0276% | 4h | 259.73 | +0.056% | $28K | $247K | 10x | as long as short |
| Lighter AMZN | +0.0280% | 1h | 259.75 | +0.067% | $811K | $1.1M | 20x | as long as short |
Deribit AMZN_USDC-PERPETUAL
Phoenix AMZN
Aster AMZNUSDT
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Coinbase International AMZN-PERP-INTX
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Variational Omni AMZN
Bybit AMZNUSDT
Binance AMZNUSDT
Extended AMZN_24_5-USD
tradeXYZ xyz:AMZN
Injective AMZN/USDC PERP
BloFin AMZN-USDT
edgeX AMZNUSDC
Lighter AMZN