Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.015%
Price spread now: Coinbase International against BloFin−0.189%7-day average −0.310% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now −0.189%, 7d avg −0.310%
=The price spread pays, funding is against you. Coinbase International is 0.121% dearer against BloFin than usual: you sell high and buy low (spread −0.189% now, against its 7-day average of −0.310%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 7 days (−0.075% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BE-USDT | 269.75 | 0.0120 | pay 0.0120% / 8h | 7h 47m | $46K | $145K | 20x |
| Short | Coinbase International BE-PERP-INTX | 269.24 | 0.0016 | get 0.0002% / 1h | 47m 00s | $474K | $115K | 10x |
BloFin BE-USDT
Coinbase International BE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- −$21.84
- Price spread: −0.189% → −0.310%
- $12.07
- Slippage, 4 orders
- −$23.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$55.6
- Costs to cover
- 0.458%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Coinbase International: live order book, 51 min ago.
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 BloFin live order book, 17 min ago | 1.85 bp | 10.6 bp −$11 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 51 min ago | 5.90 bp | 11.3 bp −$11 | 18.6 bp −$186 | doesn't fit | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BE_USDT_Perp | −0.0789% | 8h | 269.60 | −0.054% | $6K | $153K | 10x | as long as short |
| Bitget BEUSDT | −0.0024% | 8h | 269.55 | −0.074% | $1.6M | $2.7M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 269.16 | −0.219% | $340K | $128K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 269.56 | −0.070% | $47K | $384K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 269.52 | −0.085% | $8.1M | $37.2M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 269.54 | −0.078% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 269.30 | −0.167% | $2.6M | $6.8M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 269.20 | −0.204% | $1.3M | $3.3M | 50x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 269.67 | −0.030% | $1K | $2.2M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 269.92 | +0.063% | $12K | $35K | 20x | as long as short |
GRVT BE_USDT_Perp
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
SunX BE-USDT
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0012% | 1h | 269.65 | −0.037% | $1.3M | $2.3M | 10x | as long as short |
| Coinbase International BE-PERP-INTXshort | +0.0016% | 1h | 269.24 | −0.189% | $474K | $115K | 10x | |
| Lighter BE | +0.0032% | 1h | 269.27 | −0.178% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 269.35 | −0.148% | $244K | $304K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 269.38 | −0.137% | $113K | $91K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 269.50 | −0.093% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 269.54 | −0.078% | $5.8M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 269.60 | −0.056% | $350K | $51K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 269.57 | −0.068% | — | — | 10x | as long as short |
| BloFin BE-USDTlong | +0.0120% | 8h | 269.75 | long leg | $46K | $145K | 20x | |
| Deribit BE_USDC-PERPETUAL | +0.0901% | 1h | 269.64 | −0.041% | $6K | $4K | 10x | as long as short |
QFEX BE-USD
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
Deribit BE_USDC-PERPETUAL