Funding you earn now, next payment 10:00 UTC+0.1898%/8h= +207.8% APRnext payment +$2.37 per $10,000 · paid last 24h +0.485%
Price spread now: gTrade (Gains Network) against Coinbase International+10.785%188s7-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 +$57 a day on $10k at the current rate, and gTrade (Gains Network) is 10.785% dearer against Coinbase International than usual: you sell high and buy low: +$1,079 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 188 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International S-PERP-INTX | 0.04128 | −0.1904 | get 0.0238% / 1h | 49m 48s | $50K | $18K | 25x |
| Short | gTrade (Gains Network) S/USD | 0.04573 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 49m 48s | $705 | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $398.56
- Price spread: +10.785% → 0.000%
- $1,078.54
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $1,457.09
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; gTrade (Gains Network): 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 no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Coinbase International and gTrade (Gains Network): 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.
S on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.0176% | 1h | 0.04430 | +7.316% | $27K | $3K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.4603% | 1h | 0.04560 | +10.456% | $39K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTXlong | −0.1904% | 1h | 0.04128 | long leg | $50K | $18K | 25x | |
| Variational Omni S | −0.0755% | 4h | 0.04545 | +10.110% | $701K | $11K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0336% / S +0.0211% | 1h | 0.04568 | +10.647% | $2K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04551 | +10.257% | $5 | — | 15x | as long as short |
| Orderly PERP_S_USDC | −0.0037% | 4h | 0.04571 | +10.732% | $113K | $645K | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.04576 | +10.853% | $77K | $512 | 10x | as long as short |
| gTrade (Gains Network) S/USDshort | L +0.0001% / S +0.0006% | 1h | 0.04573 | +10.785% | $705 | — | 150x | |
| Lighter S | +0.0096% | 1h | 0.04547 | +10.150% | $158K | $141K | 5x | as long as short |
Show all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04549 | +10.191% | $1.2M | $867K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04554 | +10.308% | $48K | $154K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04551 | +10.247% | $6.8M | $20.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04543 | +10.053% | $6.4M | $5.3M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04550 | +10.223% | $1.4M | $6.2M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04551 | +10.247% | $384K | $227K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04552 | +10.271% | $4.5M | $3.0M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04549 | +10.199% | $2.2M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04552 | +10.271% | $1.4M | $2.9M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04547 | +10.150% | — | $7.0M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04580 | +10.950% | $26K | $523K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04544 | +10.071% | $242K | $1.3M | 10x | as long as short |
| Injective S/USDC PERP | +0.0140% | 1h | 0.04600 | +11.434% | $2K | $2 | 12x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04570 | +10.707% | $336K | $217K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0630% | 1h | 0.04570 | +10.707% | $108K | $461K | 5x | as long as short |
Coinbase International S-PERP-INTX
gTrade (Gains Network) S/USD
01 Exchange SUSD
Kraken Futures PF_SUSD
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Deribit S_USDC-PERPETUAL
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Injective S/USDC PERP
BloFin S-USDT
Backpack S_USDC_PERP