S

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1947%/8h= +213.2% APRnext payment +$2.43 per $10,000 · paid last 24h +0.548%

Price spread now: Deribit against Coinbase International+1.840%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 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 +$58 a day on $10k at the current rate, and Deribit is 1.840% dearer against Coinbase International than usual: you sell high and buy low: +$184 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International S-PERP-INTX	0.04022	−0.1464	get 0.0183% / 1h	20m 09s	$48K	$16K	25x
Short	Deribit S_USDC-PERPETUAL	0.04096	0.0483	get 0.0060% / 1h	20m 09s	$69K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now +1.840%Rate

Funding earned: $408.86
Price spread: +1.840% → 0.000%: $183.99
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $575.85
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Deribit: 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 Deribit no order-book sample	—	—	—	—	—

Coinbase International and Deribit: 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 24 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
01 Exchange SUSD	−0.8352%	1h	0.03950	−1.790%	$24K	$2K	5x	as long as short
Coinbase International S-PERP-INTXlong	−0.1464%	1h	0.04022	long leg	$48K	$16K	25x
Kraken Futures PF_SUSD	−0.1240%	1h	0.04087	+1.619%	$34K	$16K	10x	as long as short
Variational Omni S	−0.0438%	4h	0.04078	+1.398%	$635K	$30K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04092	+1.750%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04090	+1.680%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04092	+1.734%	$2K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.939%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0051%	4h	0.04091	+1.716%	$103K	$331K	10x	as long as short
Lighter S	+0.0096%	1h	0.04095	+1.815%	$169K	$167K	5x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04090	+1.696%	$1.0M	$570K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04089	+1.670%	$45K	$134K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04089	+1.666%	$5.7M	$14.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04085	+1.566%	$5.8M	$4.7M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04089	+1.666%	$1.0M	$4.2M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04082	+1.492%	$336K	$205K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04089	+1.666%	$4.0M	$1.9M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04089	+1.666%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04092	+1.740%	$1.2M	$2.4M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04088	+1.641%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04080	+1.442%	$26K	$445K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04089	+1.657%	$232K	$1.1M	10x	as long as short
Deribit S_USDC-PERPETUALshort	+0.0483%	1h	0.04096	+1.840%	$69K	$10K	10x
Backpack S_USDC_PERP	+0.1033%	1h	0.04100	+1.939%	$119K	$348K	5x	as long as short