AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0337%/8h= +36.9% APRnext payment +$3.37 per $10,000 · paid last 24h +0.080%

Price spread now: Bybit against Gate+0.039%7-day average +0.060% · 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−$53as in the Price arb table

costs, in and out, $10k−$500.504% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.039%, 7d avg +0.060%

Together, before fees+0.119%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.060%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.110% in total) that is about 32 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.37 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	258.91	0	get 0.0000% / 8h	45m 18s	$764K	$2.6M	100x
Short	Bybit AMZNUSDT	259.01	0.0337	get 0.0337% / 8h	45m 18s	$3.7M	$3.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now +0.039%Rate

Funding earned: $70.79
Price spread: +0.039% → +0.060%: −$2.1
Slippage, 4 orders: −$24.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $18.29
Costs to cover: 0.504%
Break-even: 5.2 days

Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 2 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, 3 min ago	1.93 bp	11.3 bp −$11	30.5 bp −$305	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.32 bp	11.5 bp −$12	19.6 bp −$196	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	258.92	+0.004%	$202K	$211K	20x	as long as short
Gate AMZN_USDTlong	0.0000%	8h	258.91	long leg	$764K	$2.6M	100x
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	258.82	−0.035%	$27K	$198K	10x	as long as short
Lighter RH AMZN	+0.0040%	1h	259.07	+0.062%	$716K	$1.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	258.83	−0.031%	—	$104K	25x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	258.94	+0.012%	$304K	$315K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	258.99	+0.031%	$637	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	258.82	−0.035%	$1.3M	$1.3M	10x	as long as short
QFEX AMZN-USD	+0.0053%	1h	259.05	+0.054%	$1.4M	$4.5M	10x	as long as short
Coinbase International AMZN-PERP-INTX	+0.0064%	1h	258.90	−0.004%	$940K	$2.7M	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AMZNUSDTM	+0.0100%	8h	258.80	−0.042%	$1.5M	$633K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	258.83	−0.031%	$92K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.05	+0.054%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.05	+0.054%	$14K	$510	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0127%	8h	259.17	+0.100%	$2.9M	$4.4M	20x	as long as short
Hotstuff AMZN-PERP	+0.0128%	1h	258.97	+0.023%	$33K	—	20x	as long as short
GRVT AMZN_USDT_Perp	+0.0133%	8h	259.07	+0.062%	$17K	$1.8M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0210%	1h	258.97	+0.023%	$28.4M	$11.0M	20x	as long as short
edgeX AMZNUSDC	+0.0210%	4h	259.08	+0.065%	$28K	$248K	10x	as long as short
Variational Omni AMZN	+0.0216%	8h	259.13	+0.083%	$1.8M	$1.4M	—	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.30	+0.151%	$75K	$27K	30x	as long as short
Extended AMZN_24_5-USD	+0.0224%	1h	259.08	+0.065%	$490K	$2.5M	10x	as long as short
Binance AMZNUSDT	+0.0227%	8h	259.13	+0.084%	$16.1M	$31.3M	20x	as long as short
Nado AMZN-PERP	+0.0260%	1h	258.81	−0.038%	$414K	$123K	20x	as long as short
Arcus AMZN-USD	+0.0274%	1h	258.83	−0.031%	$196K	$233K	10x	as long as short
Bitget AMZNUSDT	+0.0282%	8h	259.01	+0.039%	$4.8M	$4.0M	100x	as long as short
Phoenix AMZN	+0.0309%	1h	259.05	+0.054%	$5K	$98K	20x	as long as short
Bybit AMZNUSDTshort	+0.0337%	8h	259.01	+0.039%	$3.7M	$3.3M	100x
BloFin AMZN-USDT	+0.0344%	8h	259.12	+0.081%	$177K	$187K	20x	as long as short
Lighter AMZN	+0.0376%	1h	259.11	+0.075%	$834K	$1.1M	20x	as long as short