Funding you earn now, next payment 03:00 UTC+0.1370%/8h= +150.0% APRnext payment +$1.71 per $10,000 · paid last 24h +0.560%
Price spread now: gTrade (Gains Network) against Coinbase International+0.946%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 +$41 a day on $10k at the current rate, and gTrade (Gains Network) is 0.946% dearer against Coinbase International than usual: you sell high and buy low: +$95 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 | 0.03963 | −0.1376 | get 0.0172% / 1h | 18m 33s | $48K | $16K | 25x |
| Short | gTrade (Gains Network) S/USD | 0.04000 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 18m 33s | $3K | — | 150x |
Coinbase International S-PERP-INTX
gTrade (Gains Network) S/USDFunding 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
- $287.68
- Price spread: +0.946% → 0.000%
- $94.63
- 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
- $362.3
- 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 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 | −0.6784% | 1h | 0.03960 | −0.076% | $25K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2558% | 1h | 0.03990 | +0.687% | $33K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTXlong | −0.1376% | 1h | 0.03963 | long leg | $48K | $16K | 25x | |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04000 | +0.921% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03997 | +0.853% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USDshort | L +0.0001% / S +0.0006% | 1h | 0.04000 | +0.946% | $3K | — | 150x | |
| Variational Omni S | +0.0014% | 4h | 0.03993 | +0.751% | $619K | $30K | — | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.457% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0065% | 4h | 0.03999 | +0.908% | $99K | $292K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03999 | +0.908% | $168K | $156K | 5x | as long as short |
01 Exchange SUSD
Kraken Futures PF_SUSD
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Variational Omni S
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03995 | +0.810% | $996K | $551K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04000 | +0.945% | $44K | $131K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03994 | +0.788% | $5.5M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03991 | +0.707% | $5.8M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03992 | +0.732% | $1.0M | $3.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03996 | +0.833% | $325K | $191K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03996 | +0.833% | $3.8M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03992 | +0.732% | $1.8M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04001 | +0.959% | $1.2M | $2.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03996 | +0.833% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03990 | +0.681% | $24K | $462K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03993 | +0.749% | $229K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03999 | +0.908% | $278K | $96K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0500% | 1h | 0.04004 | +1.035% | $67K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1032% | 1h | 0.04010 | +1.186% | $117K | $415K | 5x | as long as short |
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
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP