Funding you earn now, next payment 08:00 UTC−0.0751%/8h= −82.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.174%
Price spread now: Coinbase International against Deribit−0.293%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 −$23 a day on $10k at the current rate, and Coinbase International is 0.293% cheaper against Deribit than usual: you would sell low and buy high (−$29 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 | Deribit EDGEX_USDC-PERPETUAL | 0.5989 | 0.1159 | pay 0.0145% / 1h | 40m 06s | $102 | $100 | 10x |
| Short | Coinbase International EDGEX-PERP-INTX | 0.5972 | 0.0408 | get 0.0051% / 1h | 40m 06s | $9K | $21K | 50x |
Deribit EDGEX_USDC-PERPETUAL
Coinbase International EDGEX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$157.81
- Price spread: −0.293% → 0.000%
- −$29.3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$204.11
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
Deribit and 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_USDT | +0.0100% | 4h | 0.5972 | −0.291% | $594K | $239K | 50x | as long as short |
| Coinbase International EDGEX-PERP-INTXshort | +0.0408% | 1h | 0.5972 | −0.293% | $9K | $21K | 50x | |
| BingX EDGEX-USDT | +0.0610% | 4h | 0.5986 | −0.058% | — | $1.8M | — | as long as short |
| Deribit EDGEX_USDC-PERPETUALlong | +0.1159% | 1h | 0.5989 | long leg | $102 | $100 | 10x |
Gate EDGEX_USDT
BingX EDGEX-USDT