Funding you earn now, next payment 05:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.090%
Price spread now: Deribit against Coinbase International+0.440%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Deribit is 0.440% dearer against Coinbase International than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BE-PERP-INTX | 270.59 | 0.0056 | pay 0.0007% / 1h | 16m 24s | $473K | $134K | 10x |
| Short | Deribit BE_USDC-PERPETUAL | 271.78 | 0.0376 | get 0.0047% / 1h | 16m 24s | $6K | $4K | 10x |
Coinbase International BE-PERP-INTX
Deribit BE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $67.18
- Price spread: +0.440% → 0.000%
- $43.98
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $94.16
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 32 min ago; Deribit: 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 Coinbase International live order book, 32 min ago | 7.53 bp | 13.9 bp −$14 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0124% | 8h | 271.72 | +0.418% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.82 | +0.455% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.79 | +0.445% | $46K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.87 | +0.473% | $8.2M | $37.3M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.96 | +0.506% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.70 | +0.410% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.69 | +0.407% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.11 | +0.562% | $914 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.81 | +0.451% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0006% | 8h | 271.90 | +0.484% | $2.0M | $1.2M | 25x | as long as short |
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 271.68 | +0.403% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.57 | +0.362% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.75 | +0.429% | $242K | $300K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.56 | +0.358% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.60 | +0.373% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.68 | +0.403% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTXlong | +0.0056% | 1h | 270.59 | long leg | $473K | $134K | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.77 | +0.436% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.78 | +0.439% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.14 | +0.573% | $45K | $146K | 20x | as long as short |
| Deribit BE_USDC-PERPETUALshort | +0.0376% | 1h | 271.78 | +0.440% | $6K | $4K | 10x |
QFEX BE-USD
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT