Funding you earn now, next payment 07:00 UTC+0.0523%/8h= +57.3% APRpaid last 24h +0.119%
Price spread now: Coinbase International against Variational Omni+1.192%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 1.192% dearer against Variational Omni than usual: you sell high and buy low: +$119 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 | Variational Omni ICP | 2.9400 | −0.0147 | get 0.0147% / 8h | 22m 11s | $1.0M | $135K | — |
| Short | Coinbase International ICP-PERP-INTX | 2.9750 | 0.0376 | get 0.0047% / 1h | 22m 11s | $58K | $69K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $109.89
- Price spread: +1.192% → 0.000%
- $119.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $219.09
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 4.41 bp | doesn't fit | 30.9 bp −$309 | 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 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 | −0.0262% | 8h | 2.9410 | +0.036% | $1.7M | $685K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0212% | 1h | 2.9438 | +0.131% | $521K | $662K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0158% | 1h | 2.9392 | −0.026% | $191 | $439 | 50x | as long as short |
| Variational Omni ICPlong | −0.0147% | 8h | 2.9400 | long leg | $1.0M | $135K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9434 | +0.118% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9412 | +0.043% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.903% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0055% | 8h | 2.9370 | −0.101% | $17.0M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9397 | −0.009% | $137K | $489K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9423 | +0.080% | $4.5M | $4.6M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9397 | −0.009% | $271K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9427 | +0.094% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9390 | −0.032% | $28.7M | $47.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9380 | −0.067% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9390 | −0.033% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9390 | −0.033% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9400 | +0.001% | $4.9M | $11.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9410 | +0.036% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9380 | −0.067% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9422 | +0.076% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9410 | +0.035% | $567K | $568K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9390 | −0.033% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9410 | +0.036% | $103K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9385 | −0.051% | $22K | $233K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9400 | +0.001% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0376% | 1h | 2.9750 | +1.192% | $58K | $69K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9409 | +0.032% | $32K | — | 100x | as long as short |
Variational Omni ICP
Coinbase International ICP-PERP-INTX
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance 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
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]