Funding you earn now, next payment 22:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.028%
Price spread now: Coinbase International against GRVT+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.034% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ICP_USDT_Perp | 2.9790 | 0.0100 | pay 0.0100% / 8h | 1h 52m | $570K | $469K | 10x |
| Short | Coinbase International ICP-PERP-INTX | 2.9800 | 0.0240 | get 0.0030% / 1h | 52m 20s | $62K | $89K | 50x |
GRVT ICP_USDT_Perp
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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: +0.034% → 0.000%
- $3.39
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $13.79
- Costs to cover
- 0.190%
- Break-even
- 3.7 days
Slippage unknown: GRVT: live order book, 30 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 GRVT live order book, 30 min ago | 1.67 bp | 15.8 bp −$16 | 28.9 bp −$289 | doesn't fit | 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 | −0.1241% | 8h | 2.9670 | −0.403% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0388% | 1h | 2.9748 | −0.141% | $265 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0215% | 8h | 2.9802 | +0.042% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.419% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0110% | 8h | 2.9730 | −0.201% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9754 | −0.119% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9745 | −0.150% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0055% | 8h | 2.9710 | −0.268% | $17.1M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9773 | −0.057% | $166K | $441K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9767 | −0.078% | $184K | $1.4M | 20x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter 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 | 2.9745 | −0.149% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9731 | −0.197% | $28.9M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9720 | −0.235% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9740 | −0.168% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9740 | −0.168% | $5.0M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9740 | −0.168% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.201% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9812 | +0.075% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perplong | +0.0100% | 8h | 2.9790 | long leg | $570K | $469K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.168% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.168% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9735 | −0.183% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9770 | −0.067% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0225% | 1h | 2.9766 | −0.082% | $487K | $512K | 50x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0240% | 1h | 2.9800 | +0.034% | $62K | $89K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9738 | −0.173% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0576% | 1h | 2.9798 | +0.027% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP