Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.013%
Price spread now: Variational Omni against tradeXYZ+0.037%7-day average +0.090% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.007%−$1 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now +0.037%, 7d avg +0.090%
=Together, before fees+0.024%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.054% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:AMZN | 259.82 | 0.0050 | pay 0.0006% / 1h | 24m 10s | $30.0M | $11.3M | 20x |
| Short | Variational Omni AMZN | 259.92 | 0 | get 0.0000% / 8h | 1h 24m | $1.8M | $1.1M | — |
tradeXYZ xyz:AMZN
Variational Omni AMZNFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$10.5
- Price spread: +0.037% → +0.090%
- −$5.39
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.89
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 tradeXYZ live order book, 5 min ago | 0.38 bp | 9.8 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.10 bp | doesn't fit | 16.0 bp −$160 | 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 | 259.76 | −0.022% | $202K | $207K | 20x | as long as short |
| Extended AMZN_24_5-USD | 0.0000% | 1h | 259.89 | +0.026% | $502K | $3.0M | 10x | as long as short |
| Binance AMZNUSDT | 0.0000% | 8h | 259.95 | +0.050% | $15.9M | $29.9M | 20x | as long as short |
| OKX AMZN-USDT-SWAP | 0.0000% | 8h | 259.93 | +0.042% | $2.8M | $4.8M | 20x | as long as short |
| Gate AMZN_USDT | 0.0000% | 8h | 259.72 | −0.038% | $763K | $2.7M | 100x | as long as short |
| Bitget AMZNUSDT | 0.0000% | 8h | 259.91 | +0.035% | $4.9M | $4.0M | 100x | as long as short |
| Variational Omni AMZNshort | 0.0000% | 8h | 259.92 | +0.037% | $1.8M | $1.1M | — | |
| GRVT AMZN_USDT_Perp | 0.0000% | 8h | 259.87 | +0.019% | $10K | $1.8M | 10x | as long as short |
| Deribit AMZN_USDC-PERPETUAL | 0.0000% | 1h | 259.71 | −0.042% | $29K | $176K | 10x | as long as short |
| Hotstuff AMZN-PERP | +0.0024% | 1h | 259.78 | −0.015% | $33K | — | 20x | as long as short |
Aster AMZNUSDT
Extended AMZN_24_5-USD
Binance AMZNUSDT
OKX AMZN-USDT-SWAP
Gate AMZN_USDT
Bitget AMZNUSDT
GRVT AMZN_USDT_Perp
Deribit AMZN_USDC-PERPETUAL
Hotstuff AMZN-PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AMZN-PERP-INTX | +0.0024% | 1h | 259.73 | −0.035% | $911K | $2.3M | 10x | as long as short |
| Lighter RH AMZN | +0.0032% | 1h | 259.90 | +0.031% | $726K | $1.6M | 10x | as long as short |
| Arcus AMZN-USD | +0.0040% | 1h | 259.78 | −0.015% | $197K | $240K | 10x | as long as short |
| QFEX AMZN-USD | +0.0045% | 1h | 259.86 | +0.015% | $1.4M | $3.6M | 10x | as long as short |
| Vest AMZN-USD-PERP | +0.0046% | 1h | 259.76 | −0.023% | — | $104K | 25x | as long as short |
| tradeXYZ xyz:AMZNlong | +0.0050% | 1h | 259.82 | long leg | $30.0M | $11.3M | 20x | |
| Polymarket Perps AMZN-USD | +0.0050% | 1h | 259.76 | −0.023% | $323K | $293K | 10x | as long as short |
| SoDEX AMZN-USD | +0.0050% | 1h | 259.88 | +0.023% | $681 | $5K | 10x | as long as short |
| Ondo Perps AMZN-USD.P | +0.0050% | 1h | 259.61 | −0.081% | $1.3M | $1.2M | 10x | as long as short |
| Bybit AMZNUSDT | +0.0081% | 8h | 260.01 | +0.073% | $3.7M | $3.2M | 100x | as long as short |
| Lighter AMZN | +0.0096% | 1h | 259.87 | +0.017% | $750K | $1.3M | 20x | as long as short |
| KuCoin AMZNUSDTM | +0.0100% | 8h | 259.77 | −0.019% | $1.5M | $442K | 20x | as long as short |
| ApeX Omni AMZNUSDT | +0.0100% | 1h | 259.73 | −0.035% | $93K | $129K | 50x | as long as short |
| Orderly PERP_AMZN_USDC_mythos | +0.0100% | 8h | 259.86 | +0.015% | $1K | $320 | 10x | as long as short |
| Aevo AMZN-PERP | +0.0104% | 1h | 259.82 | 0.000% | $14K | $510 | 10x | as long as short |
| Nado AMZN-PERP | +0.0106% | 1h | 259.70 | −0.045% | $414K | $113K | 20x | as long as short |
| edgeX AMZNUSDC | +0.0113% | 4h | 259.86 | +0.016% | $28K | $248K | 10x | as long as short |
| BloFin AMZN-USDT | +0.0120% | 8h | 260.15 | +0.127% | $177K | $280K | 20x | as long as short |
| Injective AMZN/USDC PERP | +0.0220% | 1h | 259.51 | −0.119% | $75K | $27K | 30x | as long as short |
| Phoenix AMZN | +0.0308% | 1h | 259.79 | −0.012% | $5K | $78K | 20x | as long as short |
Coinbase International AMZN-PERP-INTX
Lighter RH AMZN
Arcus AMZN-USD
QFEX AMZN-USD
Vest AMZN-USD-PERP
Polymarket Perps AMZN-USD
SoDEX AMZN-USD
Ondo Perps AMZN-USD.P
Bybit AMZNUSDT
Lighter AMZN
KuCoin AMZNUSDTM
ApeX Omni AMZNUSDT
Orderly PERP_AMZN_USDC_mythos
Aevo AMZN-PERP
Nado AMZN-PERP
edgeX AMZNUSDC
BloFin AMZN-USDT
Injective AMZN/USDC PERP
Phoenix AMZN