Funding you earn now, next payment 20:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%
Price spread now: Coinbase International against Extended−0.519%7-day average −0.249% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 3 days (all we have)+0.871%+$87 · spread now −0.519%, 7d avg −0.249%
=Together, before fees+1.065%+ Points / potential airdropExtended: Active · farm board+$107 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.269% cheaper against Extended than usual: you would sell low and buy high (spread −0.519% now, against its 7-day average of −0.249%). If the spread goes back, that is −$27 on $10k: about 11 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 | 272.85 | 0 | get 0.0000% / 1h | 30m 15s | $46K | $270K | 10x |
| Short | Coinbase International BE-PERP-INTX | 271.44 | 0.0080 | get 0.0010% / 1h | 30m 15s | $466K | $116K | 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
- $16.8
- Price spread: −0.519% → −0.249%
- −$26.95
- Slippage, 4 orders
- −$37.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$62.16
- Costs to cover
- 0.520%
- Break-even
- 32.9 days
Slippage from Extended: live order book, 17 min ago; Coinbase International: live order book, 18 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, 17 min ago | 2.75 bp | 16.4 bp −$16 | 119.3 bp −$1,193 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 18 min ago | 3.48 bp | 8.5 bp −$9 | 18.5 bp −$185 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 272.85 | −0.002% | $343K | $116K | 20x | as long as short |
| Extended BE-USDlong | 0.0000% | 1h | 272.85 | long leg | $46K | $270K | 10x | |
| Binance BEUSDT | 0.0000% | 8h | 272.87 | +0.007% | $8.5M | $37.2M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 272.84 | −0.005% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.89 | +0.013% | $2.6M | $6.7M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.60 | −0.093% | $1.5M | $3.8M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 272.72 | −0.049% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.73 | −0.046% | $7K | $196K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.95 | +0.035% | $936 | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.99 | +0.050% | $13K | $33K | 20x | as long as short |
Aster BEUSDT
Binance BEUSDT
Bybit BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0029% | 1h | 272.81 | −0.016% | $1.3M | $3.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.55 | −0.112% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 272.69 | −0.060% | $249K | $481K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.65 | −0.075% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.63 | −0.082% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 272.73 | −0.046% | $5.8M | $2.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTXshort | +0.0080% | 1h | 271.44 | −0.519% | $466K | $116K | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.76 | −0.035% | $369K | $26K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.86 | +0.002% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.97 | +0.042% | $45K | $140K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0740% | 1h | 272.88 | +0.009% | $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