Funding you earn now, next payment 05:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.042%
Price spread now: OKX against Coinbase International−0.068%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−0.433%−$43 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.068% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 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 | 2.9550 | 0.0336 | pay 0.0042% / 1h | 2m 07s | $57K | $70K | 50x |
| Short | OKX ICP-USDT-SWAP | 2.9530 | 0.0100 | get 0.0100% / 8h | 2h 02m | $5.7M | $15.0M | 50x |
Coinbase International ICP-PERP-INTX
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$49.56
- Price spread: −0.068% → 0.000%
- −$6.77
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.33
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.69 bp | 11.7 bp −$12 | 32.0 bp −$320 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0224% | 1h | 2.9527 | −0.078% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9560 | +0.034% | $525K | $667K | 50x | as long as short |
| Phemex ICPUSDT | −0.0067% | 8h | 2.9430 | −0.406% | $1.8M | $674K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9514 | −0.121% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9541 | −0.031% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.389% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0064% | 8h | 2.9530 | −0.068% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9544 | −0.020% | $140K | $496K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9588 | +0.129% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9548 | −0.007% | $264K | $1.2M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid 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 | 2.9544 | −0.019% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9535 | −0.052% | $28.9M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9530 | −0.068% | $17.2M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9530 | −0.068% | $5.7M | $15.0M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9530 | −0.068% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9530 | −0.068% | $18.6M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9520 | −0.102% | $4.9M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9550 | 0.000% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9520 | −0.102% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9520 | −0.103% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9516 | −0.116% | $570K | $506K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9510 | −0.135% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9490 | −0.203% | $103K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9521 | −0.098% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9550 | 0.000% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXlong | +0.0336% | 1h | 2.9550 | long leg | $57K | $70K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9545 | −0.017% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
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
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]