Funding you earn now, next payment 04:00 UTC−0.0341%/8h= −37.3% APRnext payment −$0.43 per $10,000 · paid last 24h −0.050%
Price spread now: gTrade (Gains Network) against Coinbase International−0.395%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and gTrade (Gains Network) is 0.395% cheaper against Coinbase International than usual: you would sell low and buy high (−$39 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 | Coinbase International ICP-PERP-INTX | 2.9750 | 0.0352 | pay 0.0044% / 1h | 57m 41s | $67K | $61K | 50x |
| Short | gTrade (Gains Network) ICP/USD | 2.9632 | L +0.0006% / S −0.0011% | get 0.0001% / 1h | 57m 41s | $22K | — | 150x |
Coinbase International ICP-PERP-INTX
gTrade (Gains Network) ICP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$71.62
- Price spread: −0.395% → 0.000%
- −$39.5
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$131.11
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Coinbase International and gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0155% | 1h | 2.9626 | −0.417% | $264 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0066% | 8h | 2.9590 | −0.538% | $1.8M | $791K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9663 | −0.294% | $532K | $617K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9654 | −0.322% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0011% | 1h | 2.9632 | −0.395% | $22K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.286% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0084% | 8h | 2.9700 | −0.169% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9668 | −0.276% | $157K | $473K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9667 | −0.279% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9656 | −0.314% | $264K | $1.6M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
dYdX ICP-USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9638 | −0.376% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9630 | −0.405% | $29.1M | $50.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9610 | −0.471% | $17.1M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9620 | −0.437% | $5.7M | $15.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9630 | −0.403% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9630 | −0.403% | $19.7M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | −0.336% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9630 | −0.403% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9620 | −0.437% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9687 | −0.211% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9667 | −0.278% | $570K | $458K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.471% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.538% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9616 | −0.450% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9710 | −0.134% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXlong | +0.0352% | 1h | 2.9750 | long leg | $67K | $61K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9629 | −0.405% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]