Funding you earn now, next payment 21:00 UTC+0.1368%/8h= +149.8% APRnext payment +$1.71 per $10,000 · paid last 24h +0.672%
Price spread now: Extended against Coinbase International+2.798%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Extended is 2.798% dearer against Coinbase International than usual: you sell high and buy low: +$280 more if the spread 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 | Coinbase International S-PERP-INTX | 0.03826 | −0.1264 | get 0.0158% / 1h | 56m 04s | $47K | $5K | 25x |
| Short | Extended S-USD | 0.03933 | 0.0104 | get 0.0013% / 1h | 56m 04s | $222K | $890K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $287.28
- Price spread: +2.798% → 0.000%
- $279.84
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $552.12
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 32 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 Extended live order book, 32 min ago | 3.79 bp | 38.7 bp −$39 | 271.4 bp −$2,714 | 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.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1448% | 1h | 0.03942 | +3.039% | $33K | $33K | 10x | as long as short |
| Coinbase International S-PERP-INTXlong | −0.1264% | 1h | 0.03826 | long leg | $47K | $5K | 25x | |
| Variational Omni S | −0.1185% | 4h | 0.03967 | +3.674% | $618K | $48K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03938 | +2.919% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03934 | +2.812% | $4 | — | 15x | as long as short |
| 01 Exchange SUSD | −0.0040% | 1h | 0.03930 | +2.718% | $24K | $3K | 5x | as long as short |
| Aster SUSDT | −0.0023% | 4h | 0.03940 | +2.992% | $43K | $212K | 10x | as long as short |
| Orderly PERP_S_USDC | −0.0022% | 4h | 0.03934 | +2.823% | $101K | $339K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03938 | +2.922% | $607 | — | 150x | as long as short |
| Hyperliquid S | +0.0008% | 1h | 0.03941 | +3.019% | $994K | $974K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +7.162% | $2K | $37K | 12x | as long as short |
| OKX S-USDT-SWAP | +0.0061% | 4h | 0.03940 | +2.980% | $982K | $8.2M | 20x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03946 | +3.136% | $165K | $240K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03943 | +3.058% | $5.4M | $25.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03936 | +2.875% | $5.6M | $6.8M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03935 | +2.849% | $322K | $290K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03943 | +3.058% | $3.6M | $2.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03939 | +2.953% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03940 | +2.980% | $1.2M | $3.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03940 | +2.980% | — | $6.8M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.03950 | +3.241% | $115K | $288K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03970 | +3.764% | $26K | $476K | 50x | as long as short |
| Extended S-USDshort | +0.0104% | 1h | 0.03933 | +2.798% | $222K | $890K | 10x | |
| Deribit S_USDC-PERPETUAL | +0.0258% | 1h | 0.03939 | +2.953% | $66K | $10K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03956 | +3.398% | $201K | $203K | 75x | as long as short |
Coinbase International S-PERP-INTX
Extended S-USD
Kraken Futures PF_SUSD
Variational Omni S
GMX S/USD [WBTC.b-USDC]
01 Exchange SUSD
Aster SUSDT
gTrade (Gains Network) S/USD
Hyperliquid S
Injective S/USDC PERP
OKX S-USDT-SWAP
Lighter S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
Deribit S_USDC-PERPETUAL
BloFin S-USDT