S

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1275%/8h= −139.6% APRnext payment −$1.59 per $10,000 · paid last 24h −0.531%

Price spread now: Coinbase International against Reya−0.963%7-day average — · you buy dearer than you sell

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

Long on Reya 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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Coinbase International is 0.963% cheaper against Reya than usual: you would sell low and buy high (−$96 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	Reya SRUSDPERP	0.04061	−0.0101	get 0.0013% / 1h	49m 12s	$4	—	15x
Short	Coinbase International S-PERP-INTX	0.04022	−0.1376	pay 0.0172% / 1h	49m 12s	$48K	$16K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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 ReyabpFee Coinbase InternationalbpOrdersPrice spread, now −0.963%Rate

Funding earned: −$267.7
Price spread: −0.963% → 0.000%: −$96.26
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$379.96
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: 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 Reya no order-book sample	—	—	—	—	—
Sell Coinbase International no order-book sample	—	—	—	—	—

Reya 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	−0.9688%	1h	0.03960	−2.489%	$25K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2518%	1h	0.04055	−0.150%	$34K	$13K	10x	as long as short
Coinbase International S-PERP-INTXshort	−0.1376%	1h	0.04022	−0.963%	$48K	$16K	25x
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04063	+0.045%	$1K	—	100x	as long as short
Reya SRUSDPERPlong	−0.0101%	1h	0.04061	long leg	$4	—	15x
Variational Omni S	−0.0101%	4h	0.04080	+0.460%	$633K	$31K	—	as long as short
Deribit S_USDC-PERPETUAL	0.0000%	1h	0.04065	+0.096%	$68K	$10K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04064	+0.069%	$3K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.958%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0058%	4h	0.04059	−0.051%	$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	0.04063	+0.047%	$171K	$154K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04060	−0.037%	$1.0M	$549K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04066	+0.115%	$44K	$130K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04059	−0.058%	$5.6M	$13.7M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04055	−0.150%	$5.8M	$4.6M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04058	−0.076%	$1.1M	$3.9M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04061	−0.002%	$333K	$187K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04059	−0.051%	$3.9M	$1.7M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04061	−0.002%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04061	−0.002%	$1.2M	$2.2M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04056	−0.125%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04080	+0.466%	$25K	$453K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04057	−0.097%	$233K	$1.1M	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04058	−0.076%	$282K	$98K	75x	as long as short
Backpack S_USDC_PERP	+0.0602%	1h	0.04070	+0.219%	$118K	$395K	5x	as long as short