Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1271 | +0.0222 | pay 0.0028% / 1h | 26m 27s | — | — | 10x | Long Deribit | |
| SHORT | 0.1287 | +0.5712 | get 0.0714% / 1h | 26m 27s | $26K | $376K | 50x | Short Coinbase International |
Price gap+1.222%
Funding gap+0.5490% /8h
Both sides work: funding pays +$165 a day on $10k, and the gap is 1.222% above zero (no 7-day history yet): +$122 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.5490% /8h now · no funding history yet
Price—spread +1.222% now · no price history on both exchanges yet
Costsno datano order book for Deribit
Result, before costs—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Coinbase International price against Deribitnow
RANGE STATS · 7D
Now+1.222%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOPG on 14 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Deribit: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Deribit 10x, Coinbase International 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$164.70Long Deribit: 24 payments, −$6.66; short Coinbase International: 24 payments, +$171.36.
- Note: No 7-day spread history+1.222%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner— vs $26K OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCDeribit Yes · Coinbase International YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$1,152.87
Price spread+1.222% → 0+$122.22
Slippage, 4 ordersno data for Deribit—
Fee Deribit bp × 2 orders−$7.00
Fee Coinbase International bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$1,258.10
Costs to cover0.170%Break-evenfrom the start
Slippage: Deribit: no order-book sample; Coinbase International: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit—————
SELL · SHORTCoinbase International135.38345.7 bp−$346doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Deribit: no data.
| 09-28 14:42 | Deribit | Listing | 🚨 Pre-IPO Anthropic, POL & OPG USDC Perpetuals. Now Live Deribit has launched the following USDC-settled perpetual markets: ANTH_USDC | POL_USDC | OPG_USDC Read more 👉 Disclaimer: Deribit FZE is authorised and regulated by the Virtual Assets Regulatory Authority (VARA) in Dubai. Availability of products and services is subject to applicable regulatory requirements and investor classification. Virtual Assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full. Deribit does not endorse, sponsor, or have any affiliation with Anthropic. Any use of a referenced company’s name or marks is nominative and limited to what is necessary to identify the relevant category. @DeribitOfficial on X ↗ |
| 09-28 13:02 | Deribit | Listing | new market OPG_USDC-PERPETUAL ($OPG) seen by our collector |

