Funding you earn now, next payment 11:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h +0.010%
Price spread now: Coinbase International against Vest−0.128%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.128% cheaper against Vest than usual: you would sell low and buy high (−$13 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 | Vest BE-USD-PERP | 274.40 | 0.0046 | pay 0.0006% / 1h | 44m 11s | — | — | 10x |
| Short | Coinbase International BE-PERP-INTX | 274.05 | −0.0024 | pay 0.0003% / 1h | 44m 11s | $469K | $132K | 10x |
Vest BE-USD-PERP
Coinbase International BE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Vest. 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
- −$14.63
- Price spread: −0.128% → 0.000%
- −$12.76
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$39.39
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Coinbase International: live order book, 62 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 62 min ago | 13.82 bp | 18.8 bp −$19 | 21.7 bp −$217 | doesn't fit | doesn't fit |
Vest: 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.
BE on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BE-PERP-INTXshort | −0.0024% | 1h | 274.05 | −0.128% | $469K | $132K | 10x | |
| Aster BEUSDT | 0.0000% | 8h | 274.06 | −0.123% | $349K | $141K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.14 | −0.095% | $2.0M | $1.0M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 274.40 | 0.000% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.10 | −0.109% | $1.4M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.08 | −0.117% | $1.6M | $3.1M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.41 | +0.004% | $1K | $2.0M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.46 | +0.022% | $12K | $35K | 20x | as long as short |
| QFEX BE-USD | +0.0025% | 1h | 274.25 | −0.055% | $1.3M | $2.3M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.94 | −0.168% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
QFEX BE-USD
Lighter BEShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 274.10 | −0.109% | $248K | $294K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.87 | −0.193% | $115K | $96K | 10x | as long as short |
| Vest BE-USD-PERPlong | +0.0046% | 1h | 274.40 | long leg | — | — | 10x | |
| Binance BEUSDT | +0.0086% | 8h | 274.38 | −0.007% | $8.2M | $39.5M | 25x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.29 | −0.041% | $50K | $386K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.28 | −0.044% | $355K | $265K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.13 | −0.099% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0207% | 8h | 274.30 | −0.036% | $46K | $165K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0224% | 1h | 274.11 | −0.106% | $7K | $4K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0264% | 1h | 274.13 | −0.098% | $5.9M | $2.8M | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0447% | 8h | 274.75 | +0.126% | $7K | $136K | 10x | as long as short |
Lighter RH BE
Arcus BE-USD
Binance BEUSDT
Extended BE-USD
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL
tradeXYZ xyz:BE
GRVT BE_USDT_Perp