Funding you earn now, next payment 05:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.023%
Price spread now: Coinbase International against Extended−0.524%7-day average −0.263% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.490%+$49 · spread now −0.524%, 7d avg −0.263%
=Together, before fees+0.673%+ Points / potential airdropExtended: Active · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.262% cheaper against Extended than usual: you would sell low and buy high (spread −0.524% now, against its 7-day average of −0.263%). If the spread goes back, that is −$26 on $10k: about 16 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BE-USD | 272.02 | 0 | get 0.0000% / 1h | 17m 09s | $46K | $258K | 10x |
| Short | Coinbase International BE-PERP-INTX | 270.59 | 0.0056 | get 0.0007% / 1h | 17m 09s | $473K | $134K | 10x |
Extended BE-USD
Coinbase International BE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $11.76
- Price spread: −0.524% → −0.263%
- −$26.16
- Slippage, 4 orders
- −$42.79
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$72.18
- Costs to cover
- 0.578%
- Break-even
- 50.0 days
Slippage from Extended: live order book, 30 min ago; Coinbase International: live order book, 31 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 Extended live order book, 30 min ago | 1.65 bp | 15.4 bp −$15 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 31 min ago | 7.53 bp | 12.5 bp −$13 | 17.3 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0125% | 8h | 271.99 | −0.010% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.94 | −0.027% | $341K | $121K | 20x | as long as short |
| Extended BE-USDlong | 0.0000% | 1h | 272.02 | long leg | $46K | $258K | 10x | |
| Binance BEUSDT | 0.0000% | 8h | 272.08 | +0.023% | $8.2M | $37.3M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.18 | +0.060% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.90 | −0.043% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.69 | −0.120% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.11 | +0.034% | $914 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.68 | −0.124% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0007% | 8h | 272.14 | +0.045% | $2.0M | $1.2M | 25x | as long as short |
Bitget BEUSDT
Aster BEUSDT
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 | 271.98 | −0.013% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.88 | −0.050% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.90 | −0.043% | $242K | $300K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.49 | −0.194% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.87 | −0.054% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.98 | −0.013% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTXshort | +0.0056% | 1h | 270.59 | −0.524% | $473K | $134K | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.94 | −0.028% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.08 | +0.024% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.14 | +0.045% | $45K | $146K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0265% | 1h | 272.06 | +0.016% | $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
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL