BE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.021%

Price spread now: Binance against Coinbase International+0.204%7-day average +0.188% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$430.428% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 2 days (all we have)−0.175%−$18 · spread now +0.204%, 7d avg +0.188%

Together, before fees−0.371%−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.188%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International BE-PERP-INTX	272.24	0.0064	pay 0.0008% / 1h	47m 29s	$467K	$121K	10x
Short	Binance BEUSDT	272.80	0	get 0.0000% / 8h	1h 47m	$8.5M	$37.5M	25x

Funding history

latest

Range statsloading…

Binance against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.204%Rate

Slippage from Coinbase International: live order book, 36 min ago; Binance: live order book, 9 min ago.

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, 36 min ago	5.14 bp	11.2 bp −$11	22.5 bp −$225	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.92 bp	11.4 bp −$11	27.4 bp −$274	106.4 bp −$10.6K	doesn't fit

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
Aster BEUSDT	0.0000%	8h	273.24	+0.369%	$344K	$117K	20x	as long as short
Extended BE-USD	0.0000%	1h	272.75	+0.186%	$46K	$270K	10x	as long as short
Binance BEUSDTshort	0.0000%	8h	272.80	+0.204%	$8.5M	$37.5M	25x
Bybit BEUSDT	0.0000%	8h	272.70	+0.169%	$2.0M	$1.2M	25x	as long as short
Gate BE_USDT	0.0000%	8h	272.60	+0.132%	$1.5M	$3.7M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	272.64	+0.147%	$1.7M	$2.7M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	272.69	+0.167%	$6K	$196K	10x	as long as short
SunX BE-USDT	0.0000%	8h	272.79	+0.202%	$1K	$2.6M	10x	as long as short
HTX BE-USDT	0.0000%	8h	272.84	+0.220%	$13K	$33K	20x	as long as short
OKX BE-USDT-SWAP	+0.0022%	8h	272.94	+0.257%	$2.6M	$6.8M	25x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	272.40	+0.059%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	272.69	+0.165%	$249K	$424K	10x	as long as short
QFEX BE-USD	+0.0035%	1h	272.66	+0.154%	$1.3M	$3.7M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	272.58	+0.125%	$114K	$134K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	272.64	+0.147%	—	—	10x	as long as short
Coinbase International BE-PERP-INTXlong	+0.0064%	1h	272.24	long leg	$467K	$121K	10x
KuCoin BEUSDTM	+0.0100%	8h	272.61	+0.136%	$368K	$23K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	272.79	+0.202%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	272.89	+0.239%	$45K	$141K	20x	as long as short
tradeXYZ xyz:BE	+0.0264%	1h	272.60	+0.132%	$5.8M	$2.9M	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.1145%	1h	272.82	+0.213%	$6K	$4K	10x	as long as short