Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h —
Price spread now: Coinbase International against Deribit−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.078% cheaper against Deribit than usual: you would sell low and buy high, −$8 on $10k if it 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 | Deribit EURC_USDC-PERPETUAL | 1.1474 | 0 | get 0.0000% / 1h | 56m 53s | — | — | 50x |
| Short | Coinbase International EURC-PERP-INTX | 1.1465 | 0.0008 | get 0.0001% / 1h | 56m 53s | $1.4M | $915K | 50x |
Deribit EURC_USDC-PERPETUAL
Coinbase International EURC-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
- $1.68
- Price spread: −0.078% → 0.000%
- −$7.84
- 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
- −$23.16
- Costs to cover
- 0.170%
- Break-even
- 103.5 days
Slippage unknown: Deribit: no order-book sample; Coinbase International: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 0.44 bp | 6.0 bp −$6 | 6.3 bp −$63 | 6.4 bp −$637 | doesn't fit |
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.
EURC 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit EURC_USDC-PERPETUALlong | 0.0000% | 1h | 1.1474 | long leg | — | — | 50x | |
| Coinbase International EURC-PERP-INTXshort | +0.0008% | 1h | 1.1465 | −0.078% | $1.4M | $915K | 50x |