COIN

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXCOIN-USD	134.65	−0.0014	get 0.0002% / 1h	6m 30s	$1.9M	$2.0M	10x	Long QFEX37% off
SHORT	Kraken FuturesPF_COINXUSD	135.08	+0.1934	get 0.0242% / 1h	6m 30s	$745K	$2.3M	20x	Short Kraken Futures

Price gap+0.323%

Funding gap+0.1948% /8h

Both sides work: funding pays +$58 a day on $10k, and the gap is 0.279% above its 7d average: +$28 more if it goes back.

If you open now and hold

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

Funding+$88+0.1948% /8h now · paid +0.884% over the last 7D

Price+$28spread +0.323% now, avg +0.044% → +0.279% if it goes back

Costs−$1441.436% of $10k · taker + slippage, in and out

Result−$27−0.27%no points

The current funding rate is far above 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+0.323%

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

2 ok · 3 to watch

Watch: Thin at this size30.0 / 12.9 bp
At $10k entering QFEX costs 30.0 bp, fee and slippage, 2.3× Kraken Futures’s.
Note: Margin at max leverage$1,000 + $500
QFEX 10x, Kraken Futures 20x. 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: +$58.44Long QFEX: 24 payments, +$0.43; short Kraken Futures: 24 payments, +$58.01.
OK: Entry gap works for you+0.323% vs +0.044%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short 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: KYCQFEX No · Kraken Futures Yes
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+0.323% → +0.044% (7d avg)+$27.91

Slippage, 4 orderslive order books−$113.59

Fee QFEX bp × 2 orders−$20.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$27.29

Costs to cover1.436%Break-even9.2 days

Slippage: QFEX: live order book, 4 min ago; Kraken Futures: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX7.0330.0 bp−$3033.0 bp−$33033.4 bp−$3,34038.3 bp−$19.1K

SELL · SHORTKraken Futures5.1612.9 bp−$1334.5 bp−$345doesn’t fitdoesn’t fit

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 ↗