Settings8H · net · $10k
Funding arb · Price arb /

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0866%/8h= −94.9% APRnext payment $1.08 per $10,000 · paid last 24h
Price spread now: Coinbase International against Deribit0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$26 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit TOWNS_USDC-PERPETUAL0.0020740.1682pay 0.0210% / 1h47m 37s25x
ShortCoinbase International TOWNS-PERP-INTX0.0020740.0816get 0.0102% / 1h47m 37s$77K$4K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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

Funding earned
−$181.94
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$198.94
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Coinbase International no order-book sample
Deribit 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.

TOWNS on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TOWNS-USDT+0.0043%4h0.002068−0.289%$132K$4K10xas long as short
Aster TOWNSUSDT+0.0100%4h0.002072−0.120%$10K$6K5xas long as short
Binance TOWNSUSDT+0.0100%4h0.002071−0.144%$2.0M$1.3M10xas long as short
Bybit TOWNSUSDT+0.0100%4h0.002071−0.145%$374K$114K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.0020740.000%$71K$14K10xas long as short
MEXC TOWNS_USDT+0.0100%4h0.002070−0.193%$398K$119K100xas long as short
KuCoin TOWNSUSDTM+0.0100%4h0.0020740.000%$247K$31K10xas long as short
Bitget TOWNSUSDT+0.0100%4h0.002070−0.193%$339K$43K5xas long as short
BingX TOWNS-USDT+0.0100%4h0.002073−0.048%$2.3Mas long as short
Variational Omni TOWNS+0.0100%4h0.002065−0.451%$193$553as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TOWNS-PERP-INTXshort+0.0816%1h0.0020740.000%$77K$4K25x
Deribit TOWNS_USDC-PERPETUALlong+0.1682%1h0.002074long leg25x