S

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1355%/8h= −148.3% APRnext payment −$1.69 per $10,000 · paid last 24h −0.550%

Price spread now: Coinbase International against Reya−1.332%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Coinbase International

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Coinbase International is 1.332% cheaper against Reya than usual: you would sell low and buy high (−$133 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya SRUSDPERP	0.04076	−0.0101	get 0.0013% / 1h	54m 25s	$4	—	15x
Short	Coinbase International S-PERP-INTX	0.04022	−0.1456	pay 0.0182% / 1h	54m 25s	$48K	$16K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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 ReyabpFee Coinbase InternationalbpOrdersPrice spread, now −1.332%Rate

Funding earned: −$284.5
Price spread: −1.332% → 0.000%: −$133.23
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$433.73
Costs to cover: 0.160%
Break-even: never at this rate

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

Reya and Coinbase International: 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	−0.9408%	1h	0.03940	−3.344%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.1686%	1h	0.04076	−0.005%	$34K	$16K	10x	as long as short
Coinbase International S-PERP-INTXshort	−0.1456%	1h	0.04022	−1.332%	$48K	$16K	25x
Variational Omni S	−0.0312%	4h	0.04087	+0.258%	$632K	$30K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04081	+0.122%	$1K	—	100x	as long as short
Reya SRUSDPERPlong	−0.0101%	1h	0.04076	long leg	$4	—	15x
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04080	+0.079%	$2K	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.581%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0059%	4h	0.04079	+0.066%	$101K	$331K	10x	as long as short
Lighter S	+0.0096%	1h	0.04090	+0.336%	$170K	$155K	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	0.04080	+0.088%	$1.0M	$554K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04087	+0.261%	$45K	$131K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04080	+0.091%	$5.6M	$14.1M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04072	−0.106%	$5.8M	$4.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04079	+0.066%	$1.0M	$4.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04080	+0.091%	$335K	$200K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.04078	+0.041%	$3.9M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04077	+0.017%	$1.9M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04083	+0.164%	$1.2M	$2.2M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04079	+0.066%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04060	−0.400%	$20K	$447K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04080	+0.097%	$230K	$1.1M	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.0975%	1h	0.04087	+0.262%	$69K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1698%	1h	0.04090	+0.336%	$121K	$352K	5x	as long as short