Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.011%
Price spread now: Coinbase International against BloFin+0.234%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.133%+$13 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 +$1 a day on $10k at the current rate, and Coinbase International is 0.234% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 | BloFin ICP-USDT | 2.9960 | 0.0220 | pay 0.0220% / 8h | 1h 10m | $1.2M | $2.3M | 75x |
| Short | Coinbase International ICP-PERP-INTX | 3.0030 | 0.0240 | get 0.0030% / 1h | 10m 05s | $63K | $91K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- $4.2
- Price spread: +0.234% → 0.000%
- $23.36
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.56
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 5.01 bp | 11.0 bp −$11 | 17.6 bp −$176 | 123.3 bp −$12.3K | 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 | −0.1472% | 8h | 2.9800 | −0.534% | $1.7M | $770K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0250% | 1h | 2.9977 | +0.057% | $267 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0154% | 8h | 2.9931 | −0.097% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.985% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0047% | 8h | 2.9970 | +0.033% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9958 | −0.006% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9984 | +0.081% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0006 | +0.154% | $166K | $446K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9984 | +0.081% | $209K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9978 | +0.060% | $136K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9973 | +0.045% | $29.6M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9960 | 0.000% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9950 | −0.033% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9980 | +0.067% | $19.6M | $8.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | 0.000% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9980 | +0.067% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | 0.000% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9940 | −0.065% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9941 | −0.065% | $573K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9960 | 0.000% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9940 | −0.067% | $106K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9960 | −0.001% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDTlong | +0.0220% | 8h | 2.9960 | long leg | $1.2M | $2.3M | 75x | |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9977 | +0.058% | $486K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0240% | 1h | 3.0030 | +0.234% | $63K | $91K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9980 | +0.066% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0675% | 1h | 3.0039 | +0.264% | $4.8M | $5.0M | 5x | as long as short |
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
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
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP