Funding you earn now, next payment 23:00 UTC−0.1224%/8h= −134.0% APRpaid last 24h +1.131%
Price spread now: Coinbase International against BingX−0.636%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+5.456%+$546 on $10k
+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 −$37 a day on $10k at the current rate, and Coinbase International is 0.636% cheaper against BingX than usual: you would sell low and buy high (−$64 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +5.456%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TOWNS-USDT | 0.002044 | 0.0576 | pay 0.0288% / 4h | 6m 27s | — | $2.3M | — |
| Short | Coinbase International TOWNS-PERP-INTX | 0.002031 | −0.0648 | pay 0.0081% / 1h | 6m 27s | $76K | $4K | 25x |
BingX TOWNS-USDT
Coinbase International TOWNS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- −$257.04
- Price spread: −0.636% → 0.000%
- −$63.6
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$340.64
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 1 min ago; 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 BingX live order book, 1 min ago | 9.78 bp | 44.5 bp −$45 | 191.0 bp −$1,910 | 1298.8 bp −$129.9K | 1447.2 bp −$723.6K |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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.
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTXshort | −0.0648% | 1h | 0.002031 | −0.636% | $76K | $4K | 25x | |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002040 | −0.189% | $10K | $6K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002046 | +0.098% | $70K | $19K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002043 | −0.039% | $456 | $286 | — | as long as short |
| MEXC TOWNS_USDT | +0.0142% | 4h | 0.002045 | +0.049% | $392K | $128K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0142% | 4h | 0.002045 | +0.046% | $2.0M | $1.3M | 10x | as long as short |
| BloFin TOWNS-USDT | +0.0144% | 4h | 0.002045 | +0.049% | $131K | $4K | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0482% | 4h | 0.002041 | −0.147% | $368K | $113K | 5x | as long as short |
| BingX TOWNS-USDTlong | +0.0576% | 4h | 0.002044 | long leg | — | $2.3M | — | |
| Bitget TOWNSUSDT | +0.0670% | 4h | 0.002046 | +0.098% | $336K | $48K | 5x | as long as short |
Aster TOWNSUSDT
Gate TOWNS_USDT
Variational Omni TOWNS
MEXC TOWNS_USDT
Binance TOWNSUSDT
BloFin TOWNS-USDT
Bybit TOWNSUSDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TOWNSUSDTM | +0.0762% | 4h | 0.002048 | +0.196% | $259K | $24K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.4166% | 1h | 0.002047 | +0.147% | — | — | 25x | as long as short |
KuCoin TOWNSUSDTM
Deribit TOWNS_USDC-PERPETUAL