Funding you earn now, next payment 08:00 UTC+0.0263%/8h= +28.8% APRnext payment +$2.63 per $10,000 · paid last 24h +0.043%
Price spread now: Binance against Gate+0.069%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 2 days (all we have)−0.017%−$2 · spread now +0.069%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.045%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.63 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 | Gate AMZN_USDT | 259.25 | 0 | get 0.0000% / 8h | 7h 00m | $766K | $2.6M | 100x |
| Short | Binance AMZNUSDT | 259.43 | 0.0263 | get 0.0263% / 8h | 7h 00m | $16.1M | $29.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $55.21
- Price spread: +0.069% → +0.045%
- $2.45
- Slippage, 4 orders
- −$18.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $14.56
- Costs to cover
- 0.431%
- Break-even
- 5.2 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 10 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 Gate live order book, 2 min ago | 3.09 bp | 17.5 bp −$18 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.58 bp | 6.8 bp −$7 | 11.8 bp −$118 | 43.4 bp −$4,341 | 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 | 259.28 | +0.012% | $203K | $211K | 20x | as long as short |
| Gate AMZN_USDTlong | 0.0000% | 8h | 259.25 | long leg | $766K | $2.6M | 100x | |
| GRVT AMZN_USDT_Perp | +0.0027% | 8h | 259.46 | +0.080% | $12K | $1.8M | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.49 | +0.093% | $718K | $1.5M | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0032% | 1h | 259.39 | +0.054% | $33K | — | 20x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.27 | +0.008% | — | $104K | 25x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.30 | +0.019% | $312K | $284K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.44 | +0.073% | $632 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.32 | +0.027% | $1.3M | $1.2M | 10x | as long as short |
| QFEX AMZN-USD | +0.0055% | 1h | 259.42 | +0.066% | $1.4M | $4.3M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AMZN_USDC-PERPETUAL | +0.0059% | 1h | 259.32 | +0.027% | $28K | $173K | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0072% | 1h | 259.27 | +0.008% | $940K | $2.4M | 10x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.22 | −0.012% | $1.5M | $600K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.28 | +0.012% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.45 | +0.077% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.39 | +0.055% | $14K | $510 | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0113% | 8h | 259.49 | +0.093% | $2.9M | $4.4M | 20x | as long as short |
| tradeXYZ xyz:AMZN | +0.0129% | 1h | 259.40 | +0.058% | $29.3M | $10.8M | 20x | as long as short |
| Nado AMZN-PERP | +0.0184% | 1h | 259.29 | +0.016% | $414K | $122K | 20x | as long as short |
| Bitget AMZNUSDT | +0.0184% | 8h | 259.49 | +0.093% | $4.8M | $3.8M | 100x | as long as short |
| Lighter AMZN | +0.0216% | 1h | 259.45 | +0.078% | $826K | $1.1M | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.79 | +0.208% | $75K | $27K | 30x | as long as short |
| Bybit AMZNUSDT | +0.0229% | 8h | 259.54 | +0.112% | $3.7M | $3.2M | 100x | as long as short |
| Arcus AMZN-USD | +0.0254% | 1h | 259.37 | +0.046% | $197K | $241K | 10x | as long as short |
| Variational Omni AMZN | +0.0257% | 8h | 259.49 | +0.091% | $1.8M | $1.1M | — | as long as short |
| Binance AMZNUSDTshort | +0.0263% | 8h | 259.43 | +0.069% | $16.1M | $29.6M | 20x | |
| Extended AMZN_24_5-USD | +0.0264% | 1h | 259.37 | +0.047% | $498K | $2.7M | 10x | as long as short |
| Phoenix AMZN | +0.0339% | 1h | 259.38 | +0.050% | $5K | $98K | 20x | as long as short |
| BloFin AMZN-USDT | +0.0383% | 8h | 259.40 | +0.058% | $177K | $214K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0974% | 4h | 259.45 | +0.077% | $28K | $249K | 10x | as long as short |
Gate AMZN_USDT
Binance AMZNUSDT
Aster AMZNUSDT
GRVT AMZN_USDT_Perp
Lighter RH AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Deribit AMZN_USDC-PERPETUAL
Coinbase International AMZN-PERP-INTX
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
OKX AMZN-USDT-SWAP
tradeXYZ xyz:AMZN
Bitget AMZNUSDT
Lighter AMZN
Injective AMZN/USDC PERP
Bybit AMZNUSDT
Variational Omni AMZN
Extended AMZN_24_5-USD
Phoenix AMZN
BloFin AMZN-USDT
edgeX AMZNUSDC