Funding you earn now, next payment 23:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.019%
Price spread now: Coinbase International against Binance+0.929%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.372%+$37 on $10k
+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 +$4 a day on $10k at the current rate, and Coinbase International is 0.929% dearer against Binance than usual: you sell high and buy low: +$93 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 3.0259 | 0.0100 | pay 0.0100% / 8h | 28m 28s | $29.9M | $51.5M | 75x |
| Short | Coinbase International ICP-PERP-INTX | 3.0540 | 0.0240 | get 0.0030% / 1h | 28m 28s | $64K | $89K | 50x |
Binance ICPUSDT
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $29.4
- Price spread: +0.929% → 0.000%
- $92.89
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $102.29
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 14 min ago; 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 Binance live order book, 14 min ago | 1.65 bp | 9.3 bp −$9 | 24.2 bp −$242 | 256.7 bp −$25.7K | doesn't fit |
| Sell Coinbase International no order-book sample | — | — | — | — | — |
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.
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1466% | 8h | 3.0310 | +0.169% | $1.8M | $765K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0278% | 1h | 3.0308 | +0.162% | $270 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0129% | 8h | 3.0212 | −0.157% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0020% | 8h | 3.0260 | +0.004% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0296 | +0.124% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0284 | +0.085% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.963% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0306 | +0.156% | $157K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0272 | +0.043% | $190K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0297 | +0.126% | $137K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDTlong | +0.0100% | 8h | 3.0259 | long leg | $29.9M | $51.5M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0260 | +0.004% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0250 | −0.030% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0260 | +0.004% | $19.1M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0260 | +0.004% | $5.1M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0280 | +0.070% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0270 | +0.037% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0281 | +0.073% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0212 | −0.155% | $577K | $436K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0290 | +0.103% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0270 | +0.037% | $108K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0266 | +0.024% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0342 | +0.274% | $538K | $583K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0180 | −0.261% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0237% | 1h | 3.0316 | +0.189% | $4.8M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0240% | 1h | 3.0540 | +0.929% | $64K | $89K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0274 | +0.050% | $38K | — | 100x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]