Funding you earn now, next payment 05:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.128%
Price spread now: Gate against Coinbase International−0.079%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 Gate is 0.079% cheaper against Coinbase International 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 | Coinbase International EDGEX-PERP-INTX | 0.5919 | 0.0312 | pay 0.0039% / 1h | 44m 02s | $9K | $25K | 50x |
| Short | Gate EDGEX_USDT | 0.5914 | 0.0100 | get 0.0050% / 4h | 2h 44m | $583K | $238K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$44.52
- Price spread: −0.079% → 0.000%
- −$7.94
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.46
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 2 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 15.21 bp | 176.6 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
Coinbase International: 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.
EDGEX on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EDGEX_USDTshort | +0.0100% | 4h | 0.5914 | −0.079% | $583K | $238K | 50x | |
| Coinbase International EDGEX-PERP-INTXlong | +0.0312% | 1h | 0.5919 | long leg | $9K | $25K | 50x | |
| BingX EDGEX-USDT | +0.0498% | 4h | 0.5916 | −0.046% | — | $1.8M | — | as long as short |
| Deribit EDGEX_USDC-PERPETUAL | +0.1541% | 1h | 0.5924 | +0.081% | $101 | $100 | 10x | as long as short |
Coinbase International EDGEX-PERP-INTX
Gate EDGEX_USDT
BingX EDGEX-USDT
Deribit EDGEX_USDC-PERPETUAL