COIN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_COINXUSD	135.04	+0.1934	pay 0.0242% / 1h	2m 28s	$745K	$2.3M	20x	Long Kraken Futures
SHORT	QFEXCOIN-USD	134.62	−0.0014	pay 0.0002% / 1h	2m 28s	$1.9M	$2.0M	10x	Short QFEX37% off

Price gap−0.314%

Funding gap−0.1949% /8h

Both sides work against this direction now: funding costs $58 a day on $10k and the gap is 0.270% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$88−0.1949% /8h now · paid −0.884% over the last 7D

Price−$27spread −0.314% now, avg −0.044% → −0.270% if it goes back

Costs−$760.761% of $10k · taker + slippage, in and out

Result−$191−1.91%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.884% in total, about −0.0421%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.314%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

COIN on 34 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size26.5 / 19.9 bp
At $10k entering Kraken Futures costs 26.5 bp, fee and slippage, 1.3× QFEX’s.
Note: Margin at max leverage$500 + $1,000
Kraken Futures 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$58.46Long Kraken Futures: 24 payments, −$58.02; short QFEX: 24 payments, −$0.43.
Watch: Gap narrower than usual−0.314% vs −0.044%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$745K vs $1.9M OI
Kraken Futures sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKraken Futures Yes · QFEX No
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0421%/8h × 21 periods−$88.38

Price spread−0.314% → −0.044% (7d avg)−$26.97

Slippage, 4 orderslive order books−$46.12

Fee Kraken Futures bp × 2 orders−$10.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$191.47

Costs to cover0.761%Break-evennever at this rate

Slippage: Kraken Futures: live order book, 4 min ago; QFEX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures2.2226.5 bp−$27131.0 bp−$1,310doesn’t fitdoesn’t fit

SELL · SHORTQFEX2.6019.9 bp−$2021.3 bp−$21322.3 bp−$2,22628.1 bp−$14.1K

Closing costs about the same again.

COIN news

posts that mention COIN or Coinbase Global, from every exchange

11-04 19:06	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-29 20:33	Variational Omni	Other	$COIN Earnings Call @variational_io on X ↗
10-29 14:50	Phoenix	Other	Five Phoenix-listed equities report after the close today. $SNDK 4:30pm ET. $AMZN, $INTC, $MSTR and $COIN 5:00pm ET. Trade them 24/7 on Phoenix. @PhoenixTrade on X ↗
10-29 10:00	MEXC	Other	Three earnings. Which one gets the green candle? 👀 ☁️ $AMZN: AWS growth vs. spending 💾 $SNDK: NAND pricing power 🪙 $COIN: Trading revenue recovery All report after the U.S. close today. Your pick? 👇 #MEXC @MEXC on X ↗
10-27 15:08	tradeXYZ	Other	Earnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗
10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗