Funding you earn now, next payment 00:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.013%
Price spread now: Coinbase International against KuCoin+0.427%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.394%+$39 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 +$5 a day on $10k at the current rate, and Coinbase International is 0.427% dearer against KuCoin than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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 | KuCoin ICPUSDTM | 3.0410 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $5.2M | $13.3M | 50x |
| Short | Coinbase International ICP-PERP-INTX | 3.0540 | 0.0280 | get 0.0035% / 1h | 38m 22s | $63K | $87K | 50x |
KuCoin ICPUSDTM
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- $37.8
- Price spread: +0.427% → 0.000%
- $42.75
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $58.55
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 1.64 bp | 30.2 bp −$30 | 97.3 bp −$973 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0672% | 1h | 3.0342 | −0.224% | $270 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0122% | 1h | 3.0398 | −0.039% | $554K | $602K | 50x | as long as short |
| Phemex ICPUSDT | −0.0103% | 8h | 3.0340 | −0.230% | $1.8M | $773K | 50x | as long as short |
| Variational Omni ICP | −0.0086% | 8h | 3.0390 | −0.065% | $1.1M | $111K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0380 | −0.100% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0434 | +0.080% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.450% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0417 | +0.023% | $174K | $479K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0414 | +0.012% | $300K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0388 | −0.072% | $138K | $11K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
Variational Omni ICP
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 ICPUSDT | +0.0100% | 8h | 3.0420 | +0.033% | $30.3M | $52.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0410 | 0.000% | $18.1M | $18.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0420 | +0.033% | $6.2M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0410 | 0.000% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0430 | +0.066% | $19.5M | $9.5M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 3.0410 | long leg | $5.2M | $13.3M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0420 | +0.033% | $7.1M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0400 | −0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0416 | +0.019% | $24K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0459 | +0.160% | $589K | $471K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0370 | −0.132% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0360 | −0.164% | $106K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0413 | +0.009% | $22K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0169% | 1h | 3.0467 | +0.187% | $4.7M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0500 | +0.296% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0280% | 1h | 3.0540 | +0.427% | $63K | $87K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0510% / S −0.0480% | 1h | 3.0432 | +0.072% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]