Funding you earn now, next payment 09:00 UTC−0.1752%/8h= −191.8% APRnext payment −$2.19 per $10,000 · paid last 24h −1.501%
Price spread now: 01 Exchange against Coinbase International+5.620%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. 01 Exchange is 5.620% dearer against Coinbase International than usual: you sell high and buy low (spread +5.620% now, against zero (this spread has no 7-day history yet)): +$562 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International S-PERP-INTX | 0.04128 | −0.1328 | get 0.0166% / 1h | 53m 39s | $50K | $18K | 25x |
| Short | 01 Exchange SUSD | 0.04360 | −0.3080 | pay 0.0385% / 1h | 53m 39s | $26K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$367.92
- Price spread: +5.620% → 0.000%
- $562.02
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $177.1
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Coinbase International and 01 Exchange: 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 SUSDshort | −0.3080% | 1h | 0.04360 | +5.620% | $26K | $3K | 5x | |
| Kraken Futures PF_SUSD | −0.2169% | 1h | 0.04374 | +5.965% | $38K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTXlong | −0.1328% | 1h | 0.04128 | long leg | $50K | $18K | 25x | |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04420 | +7.064% | $2K | — | 100x | as long as short |
| Variational Omni S | −0.0109% | 4h | 0.04434 | +7.416% | $688K | $7K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04410 | +6.834% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04455 | +7.915% | $687 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −0.678% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0062% | 4h | 0.04416 | +6.977% | $110K | $647K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04403 | +6.662% | $153K | $144K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04403 | +6.669% | $1.2M | $811K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04408 | +6.771% | $47K | $183K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04409 | +6.807% | $6.6M | $18.3M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04400 | +6.589% | $6.3M | $5.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04400 | +6.589% | $1.3M | $5.5M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04404 | +6.686% | $371K | $212K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04406 | +6.734% | $4.5M | $2.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04407 | +6.759% | $2.0M | $2.9M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04406 | +6.734% | $1.3M | $2.8M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04402 | +6.638% | — | $7.0M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04470 | +8.285% | $26K | $517K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04400 | +6.600% | $243K | $1.3M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04420 | +7.074% | $314K | $202K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0429% | 1h | 0.04418 | +7.025% | $74K | $512 | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1610% | 1h | 0.04420 | +7.074% | $105K | $474K | 5x | as long as short |
Coinbase International S-PERP-INTX
01 Exchange SUSD
Kraken Futures PF_SUSD
GMX S/USD [WBTC.b-USDC]
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
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