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+0.575%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 0.575% dearer against Pacifica than usual: you sell high and buy low: +$58 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 | 2.9968 | 0.0100 | pay 0.0013% / 1h | 2m 02s | $136K | $11K | 5x |
| Short | Coinbase International ICP-PERP-INTX | 3.0140 | 0.0256 | get 0.0032% / 1h | 2m 02s | $65K | $68K | 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: +0.575% → 0.000%
- $57.52
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $72.28
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, just now; 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, just now | 12.50 bp | 23.7 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9977 | +0.031% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0005 | +0.125% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0006 | +0.130% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0020% | 8h | 2.9990 | +0.074% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.010% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0045% | 8h | 3.0000 | +0.108% | $1.8M | $798K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0028 | +0.201% | $163K | $492K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9997 | +0.099% | $279K | $1.7M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9968 | long leg | $136K | $11K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 2.9990 | +0.074% | $29.6M | $53.3M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Phemex ICPUSDT
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 | 2.9970 | +0.008% | $17.5M | $18.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9970 | +0.008% | $5.8M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9980 | +0.041% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9990 | +0.075% | $19.1M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | −0.025% | $4.9M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9990 | +0.075% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9970 | +0.008% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0026 | +0.194% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9998 | +0.100% | $582K | $480K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9970 | +0.008% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9990 | +0.075% | $105K | $190K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9982 | +0.048% | $22K | $127K | 10x | as long as short |
| Hyperliquid ICP | +0.0118% | 1h | 3.0007 | +0.131% | $4.6M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0256% | 1h | 3.0140 | +0.575% | $65K | $68K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0012 | +0.148% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0894% | 1h | 3.0039 | +0.238% | $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