Funding you earn now, next payment 09:00 UTC−0.0344%/8h= −37.7% APRnext payment −$0.43 per $10,000 · paid last 24h −0.047%
Price spread now: Extended against Coinbase International−0.185%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.185% cheaper against Coinbase International than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ICP-PERP-INTX | 2.9570 | 0.0448 | pay 0.0056% / 1h | 18m 07s | $58K | $63K | 50x |
| Short | Extended ICP-USD | 2.9515 | 0.0104 | get 0.0013% / 1h | 18m 07s | $22K | $242K | 10x |
Coinbase International ICP-PERP-INTX
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$72.24
- Price spread: −0.185% → 0.000%
- −$18.52
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$105.76
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Extended: live order book, 31 min ago. 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 31 min ago | 3.75 bp | 12.2 bp −$12 | 69.2 bp −$692 | doesn't fit | doesn't fit |
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 exchanges
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 | −0.0187% | 8h | 2.9440 | −0.440% | $1.7M | $698K | 50x | as long as short |
| Variational Omni ICP | −0.0153% | 8h | 2.9459 | −0.376% | $1.0M | $157K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9500 | −0.237% | $68K | $2K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9521 | −0.166% | $192 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9517 | −0.180% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.321% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9522 | −0.162% | $136K | $471K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9520 | −0.169% | $249K | $974K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9516 | −0.184% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9512 | −0.196% | $28.6M | $48.1M | 75x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9500 | −0.237% | $17.1M | $17.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9510 | −0.203% | $5.8M | $13.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9510 | −0.203% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9520 | −0.169% | $18.5M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9510 | −0.203% | $4.9M | $11.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9530 | −0.135% | $7.0M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9510 | −0.203% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9488 | −0.277% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9479 | −0.308% | $571K | $593K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9500 | −0.237% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9490 | −0.271% | $103K | $124K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9515 | −0.185% | $22K | $242K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9520 | −0.169% | $1.2M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0353% | 1h | 2.9548 | −0.075% | $513K | $596K | 50x | as long as short |
| Coinbase International ICP-PERP-INTXlong | +0.0448% | 1h | 2.9570 | long leg | $58K | $63K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0454% / S −0.0403% | 1h | 2.9517 | −0.179% | $33K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0547% | 1h | 2.9558 | −0.041% | $4.6M | $4.5M | 5x | 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
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP