S

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1377%/8h= −150.7% APRnext payment −$1.72 per $10,000 · paid last 24h −0.562%

Price spread now: Coinbase International against gTrade (Gains Network)−1.709%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 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 −$41 a day on $10k at the current rate, and Coinbase International is 1.709% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$171 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	gTrade (Gains Network) S/USD	0.04092	L +0.0001% / S +0.0006%	pay 0.0000% / 1h	50m 14s	$3K	—	150x
Short	Coinbase International S-PERP-INTX	0.04022	−0.1376	pay 0.0172% / 1h	50m 14s	$48K	$16K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Coinbase InternationalbpOrdersPrice spread, now −1.709%Rate

Funding earned: −$289.08
Price spread: −1.709% → 0.000%: −$170.9
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$479.97
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

gTrade (Gains Network) 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.

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
01 Exchange SUSD	−0.9768%	1h	0.03960	−3.224%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2499%	1h	0.04086	−0.154%	$34K	$13K	10x	as long as short
Coinbase International S-PERP-INTXshort	−0.1376%	1h	0.04022	−1.709%	$48K	$16K	25x
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04091	−0.011%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04086	−0.155%	$4	—	15x	as long as short
Variational Omni S	−0.0101%	4h	0.04080	−0.297%	$633K	$31K	—	as long as short
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.04092	+0.002%	$69K	$10K	10x	as long as short
gTrade (Gains Network) S/USDlong	L +0.0001% / S +0.0006%	1h	0.04092	long leg	$3K	—	150x
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.197%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0064%	4h	0.04088	−0.096%	$101K	$307K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter S	+0.0096%	1h	0.04092	+0.002%	$172K	$153K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04090	−0.040%	$1.0M	$547K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04089	−0.078%	$45K	$130K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04089	−0.072%	$5.7M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04085	−0.169%	$5.9M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04085	−0.169%	$1.1M	$4.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04085	−0.169%	$335K	$187K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04086	−0.145%	$3.9M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04087	−0.120%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04088	−0.096%	$1.2M	$2.1M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04086	−0.145%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04100	+0.197%	$25K	$453K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04085	−0.159%	$234K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04077	−0.365%	$284K	$98K	75x	as long as short
Backpack S_USDC_PERP	+0.0376%	1h	0.04100	+0.197%	$119K	$393K	5x	as long as short