AMZN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0185%/8h= −20.2% APRnext payment −$0.23 per $10,000 · paid last 24h −0.032%

Price spread now: Deribit against Phoenix−0.081%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 Deribit

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.081% cheaper against Phoenix than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AMZN	259.75	0.0185	pay 0.0023% / 1h	36m 42s	$5K	$77K	20x
Short	Deribit AMZN_USDC-PERPETUAL	259.54	0	get 0.0000% / 1h	36m 42s	$28K	$174K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$38.79
Price spread: −0.081% → 0.000%: −$8.08
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$60.87
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; Deribit: live order book, 22 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 Deribit live order book, 22 min ago	0.19 bp	3.7 bp −$4	5.4 bp −$54	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	259.52	−0.088%	$203K	$211K	20x	as long as short
Gate AMZN_USDT	0.0000%	8h	259.53	−0.085%	$763K	$2.7M	100x	as long as short
Bitget AMZNUSDT	0.0000%	8h	259.82	+0.027%	$4.9M	$4.0M	100x	as long as short
GRVT AMZN_USDT_Perp	0.0000%	8h	259.78	+0.012%	$16K	$1.8M	10x	as long as short
Deribit AMZN_USDC-PERPETUALshort	0.0000%	1h	259.54	−0.081%	$28K	$174K	10x
Coinbase International AMZN-PERP-INTX	+0.0032%	1h	259.60	−0.058%	$917K	$2.4M	10x	as long as short
QFEX AMZN-USD	+0.0040%	1h	259.69	−0.023%	$1.4M	$3.8M	10x	as long as short
Arcus AMZN-USD	+0.0040%	1h	259.63	−0.046%	$197K	$240K	10x	as long as short
Vest AMZN-USD-PERP	+0.0046%	1h	259.52	−0.089%	—	$104K	25x	as long as short
Lighter RH AMZN	+0.0048%	1h	259.78	+0.012%	$724K	$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	259.61	−0.054%	$321K	$275K	10x	as long as short
SoDEX AMZN-USD	+0.0050%	1h	259.68	−0.027%	$659	$5K	10x	as long as short
Ondo Perps AMZN-USD.P	+0.0050%	1h	259.46	−0.112%	$1.3M	$1.2M	10x	as long as short
OKX AMZN-USDT-SWAP	+0.0062%	8h	259.75	0.000%	$2.9M	$4.6M	20x	as long as short
Hotstuff AMZN-PERP	+0.0072%	1h	259.61	−0.054%	$33K	—	20x	as long as short
KuCoin AMZNUSDTM	+0.0100%	8h	259.58	−0.065%	$1.5M	$529K	20x	as long as short
ApeX Omni AMZNUSDT	+0.0100%	1h	259.51	−0.092%	$93K	$129K	50x	as long as short
Orderly PERP_AMZN_USDC_mythos	+0.0100%	8h	259.74	−0.004%	$1K	$320	10x	as long as short
Aevo AMZN-PERP	+0.0104%	1h	259.65	−0.040%	$14K	$510	10x	as long as short
Variational Omni AMZN	+0.0133%	8h	259.77	+0.010%	$1.8M	$1.1M	—	as long as short
Bybit AMZNUSDT	+0.0145%	8h	259.83	+0.031%	$3.7M	$3.2M	100x	as long as short
Binance AMZNUSDT	+0.0151%	8h	259.74	−0.004%	$16.1M	$29.6M	20x	as long as short
Extended AMZN_24_5-USD	+0.0152%	1h	259.68	−0.029%	$499K	$2.7M	10x	as long as short
tradeXYZ xyz:AMZN	+0.0172%	1h	259.66	−0.035%	$29.9M	$11.1M	20x	as long as short
Phoenix AMZNlong	+0.0185%	1h	259.75	long leg	$5K	$77K	20x
Nado AMZN-PERP	+0.0192%	1h	259.50	−0.094%	$415K	$118K	20x	as long as short
Injective AMZN/USDC PERP	+0.0220%	1h	259.45	−0.115%	$75K	$27K	30x	as long as short
BloFin AMZN-USDT	+0.0270%	8h	259.77	+0.008%	$180K	$204K	20x	as long as short
Lighter AMZN	+0.0280%	1h	259.73	−0.008%	$811K	$1.1M	20x	as long as short
edgeX AMZNUSDC	+0.0684%	4h	259.70	−0.019%	$28K	$248K	10x	as long as short