Funding you earn now, next payment 01:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.016%
Price spread now: Coinbase International against Pacifica+0.528%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+0.301%+$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.528% dearer against Pacifica than usual: you sell high and buy low: +$53 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 | Pacifica ICP | 2.9982 | 0.0100 | pay 0.0013% / 1h | 8m 24s | $136K | $11K | 5x |
| Short | Coinbase International ICP-PERP-INTX | 3.0140 | 0.0256 | get 0.0032% / 1h | 8m 24s | $65K | $71K | 50x |
Pacifica ICP
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Pacifica. 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
- $32.76
- Price spread: +0.528% → 0.000%
- $52.78
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $67.54
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 59 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 Pacifica live order book, 59 min ago | 11.46 bp | 22.7 bp −$23 | doesn't fit | 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 26 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 | −0.0016% | 1h | 3.0052 | +0.234% | $268 | $464 | 50x | as long as short |
| Phemex ICPUSDT | −0.0014% | 8h | 2.9960 | −0.073% | $1.8M | $798K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9988 | +0.021% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0053 | +0.237% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0014% | 8h | 3.0080 | +0.327% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.057% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0021 | +0.131% | $163K | $492K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0015 | +0.110% | $279K | $1.7M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9982 | long leg | $136K | $11K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 3.0041 | +0.199% | $29.7M | $53.7M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 3.0030 | +0.161% | $17.6M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0020 | +0.128% | $5.8M | $17.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0030 | +0.161% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0030 | +0.161% | $19.4M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0020 | +0.128% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0040 | +0.194% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0030 | +0.161% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0074 | +0.308% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0113 | +0.437% | $584K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.073% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9940 | −0.139% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9972 | −0.033% | $22K | $125K | 10x | as long as short |
| Hyperliquid ICP | +0.0137% | 1h | 3.0057 | +0.251% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0256% | 1h | 3.0140 | +0.528% | $65K | $71K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0050 | +0.227% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0895% | 1h | 3.0011 | +0.097% | $544K | $609K | 50x | as long as short |
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
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD