Funding you earn now, next payment 08:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.048%
Price spread now: Coinbase International against Binance+0.510%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+0.372%+$37 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 +$9 a day on $10k at the current rate, and Coinbase International is 0.510% dearer against Binance than usual: you sell high and buy low: +$51 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 | Binance ICPUSDT | 2.9390 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $28.7M | $48.1M | 75x |
| Short | Coinbase International ICP-PERP-INTX | 2.9540 | 0.0416 | get 0.0052% / 1h | 32m 14s | $58K | $69K | 50x |
Binance ICPUSDT
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Binance. 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
- $66.36
- Price spread: +0.510% → 0.000%
- $51.04
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $97.4
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: 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 Binance live order book, 10 min ago | 1.70 bp | 12.5 bp −$13 | 27.3 bp −$273 | 273.3 bp −$27.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0341% | 1h | 2.9424 | +0.117% | $521K | $655K | 50x | as long as short |
| Variational Omni ICP | −0.0157% | 8h | 2.9490 | +0.341% | $1.0M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9435 | +0.154% | $69K | $1K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9390 | 0.000% | $191 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9393 | +0.009% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.936% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0040% | 8h | 2.9370 | −0.068% | $17.0M | $17.7M | 75x | as long as short |
| Phemex ICPUSDT | +0.0084% | 8h | 2.9390 | 0.000% | $1.7M | $687K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9402 | +0.041% | $137K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9416 | +0.090% | $277K | $1.0M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Phemex 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 | 2.9427 | +0.126% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9390 | long leg | $28.7M | $48.1M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9370 | −0.068% | $5.7M | $14.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9370 | −0.068% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9390 | 0.000% | $19.4M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9390 | 0.000% | $4.9M | $11.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9400 | +0.034% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9380 | −0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9498 | +0.369% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9480 | +0.306% | $560K | $589K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9390 | 0.000% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9400 | +0.034% | $103K | $115K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9382 | −0.029% | $22K | $233K | 10x | as long as short |
| Hyperliquid ICP | +0.0134% | 1h | 2.9437 | +0.160% | $4.5M | $4.6M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9430 | +0.136% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0416% | 1h | 2.9540 | +0.510% | $58K | $69K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0455% / S −0.0403% | 1h | 2.9388 | −0.006% | $32K | — | 100x | as long as short |
Pacifica ICP
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
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]