Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.013%
Price spread now: Coinbase International against BloFin+0.405%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.136%+$14 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 +$3 a day on $10k at the current rate, and Coinbase International is 0.405% dearer against BloFin 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 58 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 | BloFin ICP-USDT | 2.9630 | 0.0220 | pay 0.0220% / 8h | 1h 01m | $1.2M | $2.4M | 75x |
| Short | Coinbase International ICP-PERP-INTX | 2.9750 | 0.0320 | get 0.0040% / 1h | 1m 59s | $58K | $69K | 50x |
BloFin ICP-USDT
Coinbase International ICP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- $21
- Price spread: +0.405% → 0.000%
- $40.5
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $39.5
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 6 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 BloFin live order book, 6 min ago | 1.68 bp | 13.0 bp −$13 | 20.2 bp −$202 | 77.5 bp −$7,751 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0312% | 1h | 2.9646 | +0.054% | $525K | $651K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0223% | 1h | 2.9611 | −0.064% | $193 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0200% | 8h | 2.9540 | −0.304% | $1.8M | $682K | 50x | as long as short |
| Variational Omni ICP | −0.0037% | 8h | 2.9670 | +0.134% | $1.1M | $133K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9659 | +0.099% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9642 | +0.041% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.118% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9632 | +0.007% | $139K | $496K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9643 | +0.045% | $282K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9643 | +0.045% | $134K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9620 | −0.034% | $29.1M | $48.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9580 | −0.169% | $17.3M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9610 | −0.067% | $5.8M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9620 | −0.034% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9610 | −0.067% | $19.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9610 | −0.067% | $4.9M | $11.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9620 | −0.034% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.067% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9663 | +0.112% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9641 | +0.036% | $563K | $558K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.067% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9630 | 0.000% | $103K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9604 | −0.089% | $22K | $149K | 10x | as long as short |
| Hyperliquid ICP | +0.0117% | 1h | 2.9660 | +0.101% | $4.6M | $4.6M | 5x | as long as short |
| BloFin ICP-USDTlong | +0.0220% | 8h | 2.9630 | long leg | $1.2M | $2.4M | 75x | |
| Coinbase International ICP-PERP-INTXshort | +0.0320% | 1h | 2.9750 | +0.405% | $58K | $69K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0457% / S −0.0403% | 1h | 2.9636 | +0.019% | $33K | — | 100x | as long as short |
Binance ICPUSDT
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]