Funding you earn now, next payment 23:00 UTC+1.6389%/8h= +1794.6% APRnext payment +$20.49 per $10,000 · paid last 24h +4.815%
Price spread now: Deribit against Coinbase International+5.651%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 for this trade now. Funding pays +$492 a day on $10k at the current rate, and Deribit is 5.651% dearer against Coinbase International than usual: you sell high and buy low: +$565 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BASED1-PERP-INTX | 0.06457 | −1.4936 | get 0.1867% / 1h | 35m 00s | $10K | — | 50x |
| Short | Deribit BASED1_USDC-PERPETUAL | 0.06822 | 0.1453 | get 0.0182% / 1h | 35m 00s | $153 | — | 10x |
Coinbase International BASED1-PERP-INTX
Deribit BASED1_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- $3,441.75
- Price spread: +5.651% → 0.000%
- $565.12
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $3,989.88
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Deribit: no order-book sample. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Coinbase International and Deribit: 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.
BASED1 on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BASED1-PERP-INTXlong | −1.4936% | 1h | 0.06457 | long leg | $10K | — | 50x | |
| Deribit BASED1_USDC-PERPETUALshort | +0.1453% | 1h | 0.06822 | +5.651% | $153 | — | 10x |