AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.35 per $10,000 · paid last 24h −0.042%

Price spread now: Coinbase International against Phoenix−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Coinbase International is 0.042% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 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	Phoenix AMZN	259.84	0.0308	pay 0.0038% / 1h	51m 01s	$5K	$78K	20x
Short	Coinbase International AMZN-PERP-INTX	259.73	0.0024	get 0.0003% / 1h	51m 01s	$911K	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Phoenix. 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 PhoenixbpFee Coinbase InternationalbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$59.57
Price spread: −0.042% → 0.000%: −$4.23
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$80.8
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; Coinbase International: 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 Coinbase International live order book, 3 min ago	2.31 bp	8.3 bp −$8	10.7 bp −$107	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 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	259.79	−0.021%	$203K	$211K	20x	as long as short
OKX AMZN-USDT-SWAP	0.0000%	8h	259.84	0.000%	$2.8M	$4.8M	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.77	−0.027%	$764K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.89	+0.019%	$4.9M	$4.0M	100x	as long as short
Variational Omni AMZN	0.0000%	8h	259.87	+0.010%	$1.8M	$1.1M	—	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.88	+0.015%	$10K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUAL	0.0000%	1h	259.59	−0.096%	$28K	$176K	10x	as long as short
Binance AMZNUSDT	+0.0014%	8h	259.85	+0.005%	$15.9M	$29.9M	20x	as long as short
Extended AMZN_24_5-USD	+0.0016%	1h	259.78	−0.024%	$498K	$3.1M	10x	as long as short
Coinbase International AMZN-PERP-INTXshort	+0.0024%	1h	259.73	−0.042%	$911K	$2.3M	10x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH AMZN	+0.0032%	1h	259.84	0.000%	$725K	$1.6M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.74	−0.038%	$197K	$240K	10x	as long as short
QFEX AMZN-USD	+0.0045%	1h	259.80	−0.015%	$1.4M	$3.6M	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.75	−0.035%	—	$104K	25x	as long as short
tradeXYZ xyz:AMZN	+0.0050%	1h	259.73	−0.042%	$30.0M	$11.3M	20x	as long as short
Polymarket Perps AMZN-USD	+0.0050%	1h	259.68	−0.062%	$318K	$288K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.75	−0.035%	$683	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.61	−0.089%	$1.3M	$1.2M	10x	as long as short
BloFin AMZN-USDT	+0.0054%	8h	259.83	−0.004%	$177K	$206K	20x	as long as short
Hotstuff AMZN-PERP	+0.0080%	1h	259.74	−0.038%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.73	−0.042%	$1.5M	$458K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.68	−0.062%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.80	−0.015%	$1K	$320	10x	as long as short
Bybit AMZNUSDT	+0.0102%	8h	259.96	+0.046%	$3.7M	$3.2M	100x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.75	−0.036%	$14K	$510	10x	as long as short
Lighter AMZN	+0.0128%	1h	259.82	−0.007%	$748K	$1.3M	20x	as long as short
Nado AMZN-PERP	+0.0160%	1h	259.69	−0.058%	$414K	$113K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.71	−0.050%	$75K	$27K	30x	as long as short
Phoenix AMZNlong	+0.0308%	1h	259.84	long leg	$5K	$78K	20x
edgeX AMZNUSDC	+0.0326%	4h	259.83	−0.003%	$28K	$249K	10x	as long as short