Funding you earn now, next payment 04:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h +0.023%
Price spread now: Coinbase International against Bitget+0.405%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.348%+$35 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 +$8 a day on $10k at the current rate, and Coinbase International is 0.405% dearer against Bitget than usual: you sell high and buy low: +$40 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ICPUSDT | 2.9630 | 0.0100 | pay 0.0100% / 8h | 3h 54m | $7.0M | $4.6M | 50x |
| Short | Coinbase International ICP-PERP-INTX | 2.9750 | 0.0352 | get 0.0044% / 1h | 54m 26s | $67K | $61K | 50x |
Bitget ICPUSDT
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- $52.92
- Price spread: +0.405% → 0.000%
- $40.5
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $71.42
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 3.37 bp | 14.2 bp −$14 | 24.6 bp −$246 | 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 | −0.0079% | 8h | 2.9630 | 0.000% | $1.8M | $791K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9712 | +0.276% | $533K | $610K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9674 | +0.150% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9668 | +0.128% | $264 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9662 | +0.109% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.118% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0083% | 8h | 2.9590 | −0.136% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9687 | +0.192% | $154K | $477K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9651 | +0.071% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9659 | +0.099% | $264K | $1.6M | 20x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
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 | 2.9675 | +0.151% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9645 | +0.051% | $29.1M | $50.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9610 | −0.067% | $17.1M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9620 | −0.034% | $5.7M | $15.7M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9650 | +0.067% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9630 | 0.000% | $19.7M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | +0.067% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDTlong | +0.0100% | 8h | 2.9630 | long leg | $7.0M | $4.6M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | +0.101% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9600 | −0.102% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9596 | −0.113% | $567K | $470K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9670 | +0.135% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9630 | 0.000% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9657 | +0.090% | $22K | $132K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9640 | +0.034% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.0352% | 1h | 2.9750 | +0.405% | $67K | $61K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9663 | +0.112% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
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]