Funding you earn now, next payment 22:00 UTC−0.1704%/8h= −186.6% APRnext payment −$2.13 per $10,000 · paid last 24h +1.780%
Price spread now: Coinbase International against 01 Exchange−1.897%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$51 a day on $10k at the current rate, and Coinbase International is 1.897% cheaper against 01 Exchange than usual: you would sell low and buy high (−$190 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 | 01 Exchange SUSD | 0.03900 | 0.0128 | pay 0.0016% / 1h | 23m 08s | $24K | $2K | 5x |
| Short | Coinbase International S-PERP-INTX | 0.03826 | −0.1576 | pay 0.0197% / 1h | 23m 08s | $47K | $5K | 25x |
01 Exchange SUSD
Coinbase International S-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against 01 Exchange. 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
- −$357.84
- Price spread: −1.897% → 0.000%
- −$189.74
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$564.58
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
01 Exchange 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1601% | 1h | 0.03905 | +0.117% | $33K | $26K | 10x | as long as short |
| Coinbase International S-PERP-INTXshort | −0.1576% | 1h | 0.03826 | −1.897% | $47K | $5K | 25x | |
| Variational Omni S | −0.0835% | 4h | 0.03901 | +0.013% | $607K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0196% / S +0.0189% | 1h | 0.03911 | +0.285% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03908 | +0.199% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03911 | +0.289% | $603 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0006% | 1h | 0.03914 | +0.359% | $66K | $10K | 10x | as long as short |
| Orderly PERP_S_USDC | +0.0029% | 4h | 0.03908 | +0.205% | $100K | $345K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +5.128% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03912 | +0.308% | $164K | $223K | 5x | as long as short |
Kraken Futures PF_SUSD
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Deribit S_USDC-PERPETUAL
Orderly PERP_S_USDC
Injective S/USDC PERP
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SUSDT | +0.0098% | 4h | 0.03910 | +0.268% | $43K | $212K | 10x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03906 | +0.162% | $980K | $716K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03907 | +0.181% | $5.3M | $19.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03901 | +0.026% | $5.6M | $5.6M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03905 | +0.128% | $973K | $5.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03904 | +0.103% | $319K | $265K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03906 | +0.154% | $3.5M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03903 | +0.077% | $1.8M | $3.0M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03912 | +0.308% | $1.2M | $2.6M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03907 | +0.179% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03910 | +0.256% | $25K | $464K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03906 | +0.141% | $219K | $881K | 10x | as long as short |
| 01 Exchange SUSDlong | +0.0128% | 1h | 0.03900 | long leg | $24K | $2K | 5x | |
| BloFin S-USDT | +0.0340% | 4h | 0.03906 | +0.154% | $267K | $126K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0434% | 1h | 0.03920 | +0.513% | $114K | $301K | 5x | as long as short |
Aster SUSDT
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP