Funding you earn now, next payment 21:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.009%
Price spread now: Extended against Coinbase International−0.663%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.663% cheaper against Coinbase International than usual: you would sell low and buy high (−$66 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 | 2.9890 | 0.0232 | pay 0.0029% / 1h | 0m 04s | $62K | $89K | 50x |
| Short | Extended ICP-USD | 2.9692 | 0.0104 | get 0.0013% / 1h | 0m 04s | $25K | $124K | 10x |
Coinbase International ICP-PERP-INTX
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$26.88
- Price spread: −0.663% → 0.000%
- −$66.33
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$108.21
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 20 min ago. 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 Extended live order book, 20 min ago | 3.86 bp | 13.0 bp −$13 | 61.1 bp −$611 | doesn't fit | doesn't fit |
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 | −0.1273% | 8h | 2.9670 | −0.736% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0356% | 1h | 2.9694 | −0.656% | $265 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0222% | 8h | 2.9664 | −0.757% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.753% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0105% | 8h | 2.9670 | −0.736% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9709 | −0.607% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9707 | −0.613% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0042% | 8h | 2.9670 | −0.736% | $17.1M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9715 | −0.585% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9702 | −0.628% | $187K | $1.5M | 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 | 2.9702 | −0.628% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9685 | −0.684% | $28.8M | $49.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9680 | −0.703% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9690 | −0.669% | $19.3M | $8.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9690 | −0.669% | $5.2M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9700 | −0.636% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9680 | −0.703% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9687 | −0.678% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9652 | −0.795% | $567K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9690 | −0.669% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9640 | −0.836% | $106K | $219K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9692 | −0.663% | $25K | $124K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0149% | 1h | 2.9701 | −0.633% | $486K | $518K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9710 | −0.602% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXlong | +0.0232% | 1h | 2.9890 | long leg | $62K | $89K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9712 | −0.596% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0795% | 1h | 2.9741 | −0.498% | $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
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP