Funding you earn now, next payment 04:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h −0.906%
Price spread now: BloFin against Coinbase International+0.338%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−5.558%−$556 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BloFin is 0.338% dearer against Coinbase International than usual: you sell high and buy low (spread +0.338% now, against zero (this spread has no 7-day history yet)): +$34 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−5.558% in total) that is about 10 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TOWNS-PERP-INTX | 0.002074 | 0.0328 | pay 0.0041% / 1h | 56m 11s | $77K | $3K | 25x |
| Short | BloFin TOWNS-USDT | 0.002081 | 0.0105 | get 0.0053% / 4h | 3h 56m | $132K | $4K | 10x |
Coinbase International TOWNS-PERP-INTX
BloFin TOWNS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$46.78
- Price spread: +0.338% → 0.000%
- $33.75
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.02
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; BloFin: live order book, 33 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 BloFin live order book, 33 min ago | 4.82 bp | 25.7 bp −$26 | 114.5 bp −$1,145 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002083 | +0.413% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002081 | +0.338% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002081 | +0.338% | $383K | $117K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002081 | +0.338% | $71K | $14K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002081 | +0.338% | $397K | $120K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002083 | +0.434% | $248K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002085 | +0.530% | $341K | $38K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002084 | +0.482% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002083 | +0.416% | $195 | $549 | — | as long as short |
| BloFin TOWNS-USDTshort | +0.0105% | 4h | 0.002081 | +0.338% | $132K | $4K | 10x |
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
BingX TOWNS-USDT
Variational Omni TOWNSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTXlong | +0.0328% | 1h | 0.002074 | long leg | $77K | $3K | 25x | |
| Deribit TOWNS_USDC-PERPETUAL | +0.3592% | 1h | 0.002090 | +0.771% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL