Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.041%
Price spread now: Coinbase International against MEXC+0.477%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+0.375%+$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 +$7 a day on $10k at the current rate, and Coinbase International is 0.477% dearer against MEXC than usual: you sell high and buy low: +$48 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 | MEXC ICP_USDT | 2.9350 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $18.7M | $9.9M | 50x |
| Short | Coinbase International ICP-PERP-INTX | 2.9490 | 0.0320 | get 0.0040% / 1h | 28m 48s | $57K | $68K | 50x |
MEXC ICP_USDT
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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
- $46.2
- Price spread: +0.477% → 0.000%
- $47.7
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $83.9
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 1.70 bp | 2.8 bp −$3 | 9.6 bp −$96 | 49.7 bp −$4,974 | 120.1 bp −$60.0K |
| 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 | −0.0315% | 1h | 2.9391 | +0.139% | $521K | $648K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0125% | 1h | 2.9358 | +0.027% | $191 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0063% | 8h | 2.9380 | +0.102% | $1.8M | $677K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9383 | +0.111% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9383 | +0.113% | $10K | — | 150x | as long as short |
| Variational Omni ICP | +0.0006% | 8h | 2.9340 | −0.035% | $1.0M | $133K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.073% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9377 | +0.092% | $138K | $495K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9402 | +0.177% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9383 | +0.111% | $261K | $1.1M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
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 | 2.9403 | +0.180% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9370 | +0.068% | $28.7M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9340 | −0.034% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9330 | −0.068% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9360 | +0.034% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 2.9350 | long leg | $18.7M | $9.9M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9370 | +0.068% | $4.8M | $12.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9390 | +0.136% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9352 | +0.008% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9364 | +0.046% | $566K | $550K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.034% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9340 | −0.034% | $102K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9343 | −0.023% | $22K | $117K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9400 | +0.170% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0320% | 1h | 2.9490 | +0.477% | $57K | $68K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0410% / S −0.0331% | 1h | 2.9374 | +0.083% | $29K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate 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]