Funding you earn now, next payment 06:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Coinbase International against tradeXYZ−0.302%7-day average −0.257% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.302%, 7d avg −0.257%
=Together, before fees+0.388%+ Points / potential airdroptradeXYZ: Active · farm board+$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.045% cheaper against tradeXYZ than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.257%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 271.41 | 0.0050 | pay 0.0006% / 1h | 24m 15s | $5.9M | $2.8M | 10x |
| Short | Coinbase International BE-PERP-INTX | 270.59 | 0.0056 | get 0.0007% / 1h | 24m 15s | $473K | $130K | 10x |
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- $1.26
- Price spread: −0.302% → −0.257%
- −$4.53
- Slippage, 4 orders
- −$20.89
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$52.16
- Costs to cover
- 0.489%
- Break-even
- 296.8 days
Slippage from tradeXYZ: live order book, 4 min ago; Coinbase International: live order book, 19 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 tradeXYZ live order book, 4 min ago | 1.47 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 19 min ago | 3.69 bp | 8.7 bp −$9 | 16.6 bp −$166 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0210% | 8h | 271.20 | −0.077% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | −0.0143% | 8h | 271.36 | −0.018% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.28 | −0.048% | $341K | $125K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.34 | −0.026% | $46K | $251K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.43 | +0.007% | $8.2M | $37.1M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.42 | +0.004% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.41 | 0.000% | $7K | $157K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.36 | −0.018% | $920 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.57 | +0.059% | $12K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.22 | −0.070% | — | — | 10x | as long as short |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 271.43 | +0.007% | $242K | $299K | 10x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 271.21 | −0.074% | $1.3M | $2.4M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.17 | −0.088% | $113K | $109K | 10x | as long as short |
| Bybit BEUSDT | +0.0040% | 8h | 271.40 | −0.004% | $2.0M | $1.1M | 25x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.17 | −0.088% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 271.41 | long leg | $5.9M | $2.8M | 10x | |
| Coinbase International BE-PERP-INTXshort | +0.0056% | 1h | 270.59 | −0.302% | $473K | $130K | 10x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.26 | −0.055% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.46 | +0.017% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.65 | +0.088% | $45K | $147K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0303% | 1h | 271.40 | −0.004% | $6K | $4K | 10x | as long as short |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Bybit BEUSDT
Vest BE-USD-PERP
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL