Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.9450 | +0.0328 | pay 0.0041% / 1h | 33m 20s | $1.5M | $1.6M | 50x | Long Coinbase International | |
| SHORT | 8.9234 | +0.0037 | get 0.0005% / 1h | 33m 20s | $20K | $89K | 20x | Short Bullet |
Price gap−0.241%
Funding gap−0.0291% /8h
Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.241% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0291% /8h now · no funding history yet
Price—spread −0.241% now · no price history on both exchanges yet
Costsno datano order book for Bullet
Result, before costs—no pointsneeds funding history
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Bullet price against Coinbase Internationalnow
RANGE STATS · 7D
Now−0.241%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUNI on 41 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Bullet: its slippage is not counted.
- Note: Margin at max leverage$200 + $500Coinbase International 50x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$8.74Long Coinbase International: 24 payments, −$9.84; short Bullet: 24 payments, +$1.10.
- Note: No 7-day spread history−0.241%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$20K vs $1.5M OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCCoinbase International Yes · Bullet NoID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$61.20
Price spread−0.241% → 0−$24.15
Slippage, 4 ordersno data for Bullet—
Fee Coinbase International bp × 2 orders−$10.00
Fee Bullet bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$103.35
Costs to cover0.180%Break-evennever at this rate
Slippage: Coinbase International: live order book, just now; Bullet: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGCoinbase International5.0411.7 bp−$1216.6 bp−$16657.8 bp−$5,776doesn’t fit
SELL · SHORTBullet—————
Closing costs about the same again.
Bullet: no data.
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