Funding you earn now, next payment 02:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.151%
Price spread now: Coinbase International against Gate−0.455%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
Funding pays, the price is against you. Coinbase International is 0.455% cheaper against Gate than usual: you would sell low and buy high (spread −0.455% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$45 on $10k: about 3.8 days of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EDGEX_USDT | 0.5954 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $587K | $229K | 50x |
| Short | Coinbase International EDGEX-PERP-INTX | 0.5927 | 0.0496 | get 0.0062% / 1h | 18m 53s | $9K | $30K | 50x |
Gate EDGEX_USDT
Coinbase International EDGEX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $83.16
- Price spread: −0.455% → 0.000%
- −$45.48
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $12.68
- Costs to cover
- 0.250%
- Break-even
- 5.9 days
Slippage unknown: Gate: live order book, 42 min ago; 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 Gate live order book, 42 min ago | 11.84 bp | 416.5 bp −$416 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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_USDTlong | +0.0100% | 4h | 0.5954 | long leg | $587K | $229K | 50x | |
| Coinbase International EDGEX-PERP-INTXshort | +0.0496% | 1h | 0.5927 | −0.455% | $9K | $30K | 50x | |
| BingX EDGEX-USDT | +0.0504% | 4h | 0.5950 | −0.067% | — | $1.8M | — | as long as short |
| Deribit EDGEX_USDC-PERPETUAL | +0.1219% | 1h | 0.5960 | +0.104% | $101 | $209 | 10x | as long as short |
BingX EDGEX-USDT
Deribit EDGEX_USDC-PERPETUAL