Funding you earn now, next payment 00:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.013%
Price spread now: KuCoin against Coinbase International−0.752%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−0.394%−$39 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.752% cheaper against Coinbase International than usual: you would sell low and buy high (−$75 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 | 3.0580 | 0.0280 | pay 0.0035% / 1h | 49m 01s | $64K | $89K | 50x |
| Short | KuCoin ICPUSDTM | 3.0350 | 0.0100 | get 0.0100% / 8h | 7h 49m | $5.2M | $13.3M | 50x |
Coinbase International ICP-PERP-INTX
KuCoin ICPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$37.8
- Price spread: −0.752% → 0.000%
- −$75.21
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$135.01
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 1.65 bp | 26.7 bp −$27 | 79.0 bp −$790 | 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 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 | −0.0892% | 8h | 3.0350 | −0.752% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0442% | 1h | 3.0346 | −0.765% | $270 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0122% | 1h | 3.0390 | −0.622% | $555K | $599K | 50x | as long as short |
| Variational Omni ICP | −0.0093% | 8h | 3.0440 | −0.457% | $1.1M | $108K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0353 | −0.742% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0360 | −0.719% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.992% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0400 | −0.589% | $175K | $477K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0385 | −0.639% | $300K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0369 | −0.689% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
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 | 3.0370 | −0.687% | $30.1M | $52.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0360 | −0.719% | $18.0M | $18.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0360 | −0.719% | $6.2M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0360 | −0.719% | $2.0M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0350 | −0.752% | $19.3M | $9.5M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 3.0350 | −0.752% | $5.2M | $13.3M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0380 | −0.654% | $7.1M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0370 | −0.687% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0493 | −0.285% | $24K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0465 | −0.377% | $579K | $458K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0330 | −0.818% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0340 | −0.785% | $106K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0333 | −0.807% | $22K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0204% | 1h | 3.0426 | −0.504% | $4.7M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0340 | −0.785% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTXlong | +0.0280% | 1h | 3.0580 | long leg | $64K | $89K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0364 | −0.706% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]