Funding you earn now, next payment 10:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h +0.013%
Price spread now: Bybit against Phoenix+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+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 +$4 a day on $10k at the current rate, and Bybit is 0.058% dearer against Phoenix than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMZN | 260.08 | 0.0276 | pay 0.0035% / 1h | 2m 55s | $5K | $84K | 20x |
| Short | Bybit AMZNUSDT | 260.23 | 0.0405 | get 0.0405% / 8h | 5h 02m | $4.3M | $3.7M | 100x |
Phoenix AMZN
Bybit AMZNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phoenix. 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
- $27.04
- Price spread: +0.058% → 0.000%
- $5.77
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $14.81
- Costs to cover
- 0.180%
- Break-even
- 3.2 days
Slippage unknown: Phoenix: no order-book sample; Bybit: live order book, 3 min ago. 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 1.73 bp | 13.7 bp −$14 | 23.6 bp −$236 | doesn't fit | doesn't fit |
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 exchanges
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 | −0.1600% | 1h | 259.95 | −0.050% | $33K | — | 20x | as long as short |
| Aster AMZNUSDT | 0.0000% | 8h | 259.94 | −0.054% | $204K | $209K | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 260.02 | −0.023% | $828K | $2.7M | 100x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 260.06 | −0.008% | $713K | $1.5M | 10x | as long as short |
| Bitget AMZNUSDT | +0.0033% | 8h | 260.11 | +0.012% | $5.0M | $5.0M | 100x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.99 | −0.035% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZN | +0.0050% | 1h | 259.95 | −0.050% | $30.2M | $11.7M | 20x | as long as short |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.98 | −0.038% | $317K | $293K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 260.01 | −0.027% | $697 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.90 | −0.069% | $1.3M | $1.0M | 10x | as long as short |
Hotstuff AMZN-PERP
Aster AMZNUSDT
Gate AMZN_USDT
Lighter RH AMZN
Bitget AMZNUSDT
Vest AMZN-USD-PERP
tradeXYZ xyz:AMZN
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.PShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AMZN-USD | +0.0061% | 1h | 260.02 | −0.023% | $1.4M | $3.5M | 10x | as long as short |
| Coinbase International AMZN-PERP-INTX | +0.0080% | 1h | 259.81 | −0.104% | $927K | $2.5M | 10x | as long as short |
| OKX AMZN-USDT-SWAP | +0.0084% | 8h | 260.15 | +0.027% | $2.9M | $4.9M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.92 | −0.062% | $1.5M | $526K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.80 | −0.108% | $93K | $130K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 260.24 | +0.062% | $1K | $1K | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 260.01 | −0.027% | $14K | $510 | 10x | as long as short |
| Lighter AMZN | +0.0152% | 1h | 260.06 | −0.009% | $726K | $1.3M | 20x | as long as short |
| Nado AMZN-PERP | +0.0184% | 1h | 259.93 | −0.057% | $404K | $118K | 20x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | +0.0212% | 1h | 260.00 | −0.031% | $37K | $144K | 10x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 260.19 | +0.042% | $76K | $23K | 30x | as long as short |
| Arcus AMZN-USD | +0.0246% | 1h | 259.93 | −0.058% | $197K | $207K | 10x | as long as short |
| Phoenix AMZNlong | +0.0276% | 1h | 260.08 | long leg | $5K | $84K | 20x | |
| Variational Omni AMZN | +0.0279% | 8h | 260.08 | +0.002% | $1.8M | $1.0M | — | as long as short |
| Extended AMZN_24_5-USD | +0.0304% | 1h | 260.00 | −0.029% | $503K | $3.8M | 10x | as long as short |
| Binance AMZNUSDT | +0.0308% | 8h | 260.09 | +0.004% | $16.5M | $32.3M | 20x | as long as short |
| Bybit AMZNUSDTshort | +0.0405% | 8h | 260.23 | +0.058% | $4.3M | $3.7M | 100x | |
| BloFin AMZN-USDT | +0.0426% | 8h | 260.11 | +0.012% | $184K | $317K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0444% | 4h | 260.03 | −0.019% | $28K | $249K | 10x | as long as short |
| GRVT AMZN_USDT_Perp | +0.0489% | 8h | 260.08 | +0.001% | $17K | $1.8M | 10x | as long as short |
QFEX AMZN-USD
Coinbase International AMZN-PERP-INTX
OKX AMZN-USDT-SWAP
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Lighter AMZN
Nado AMZN-PERP
Deribit AMZN_USDC-PERPETUAL
Injective AMZN/USDC PERP
Arcus AMZN-USD
Variational Omni AMZN
Extended AMZN_24_5-USD
Binance AMZNUSDT
BloFin AMZN-USDT
edgeX AMZNUSDC
GRVT AMZN_USDT_Perp