Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.028%
Price spread now: BloFin against Binance−0.134%61s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.134%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.133% cheaper against Binance than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.001%). If the spread goes back, that is −$13 on $10k: about 3.7 days of funding at the current rate (+$4 a day). The two prices were read 61 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 | Binance ICPUSDT | 2.9760 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $28.9M | $48.7M | 75x |
| Short | BloFin ICP-USDT | 2.9720 | 0.0220 | get 0.0220% / 8h | 2h 32m | $1.2M | $2.2M | 75x |
Binance ICPUSDT
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: −0.134% → −0.001%
- −$13.32
- Slippage, 4 orders
- −$32.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.78
- Costs to cover
- 0.547%
- Break-even
- 18.9 days
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 6 min ago.
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 Binance live order book, 10 min ago | 1.68 bp | 11.7 bp −$12 | 23.1 bp −$231 | 317.2 bp −$31.7K | doesn't fit |
| Sell BloFin live order book, 6 min ago | 6.72 bp | 22.9 bp −$23 | 34.4 bp −$344 | 118.5 bp −$11.9K | doesn't fit |
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 | −0.1311% | 8h | 2.9640 | −0.403% | $1.7M | $781K | 50x | as long as short |
| Variational Omni ICP | −0.0263% | 8h | 2.9734 | −0.088% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.319% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0187% | 1h | 2.9763 | +0.010% | $265 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0115% | 8h | 2.9730 | −0.101% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0016% | 8h | 2.9740 | −0.067% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9755 | −0.018% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9763 | +0.011% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9789 | +0.097% | $166K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9765 | +0.017% | $187K | $1.5M | 20x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Lighter 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 | 2.9750 | −0.034% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9760 | long leg | $28.9M | $48.7M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9740 | −0.067% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9750 | −0.034% | $19.5M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | −0.034% | $5.2M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9750 | −0.034% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.067% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9767 | +0.022% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9778 | +0.061% | $571K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.101% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.134% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9750 | −0.032% | $24K | $123K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9782 | +0.075% | $495K | $510K | 50x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9720 | −0.134% | $1.2M | $2.2M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9760 | 0.000% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9763 | +0.009% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0928% | 1h | 2.9808 | +0.161% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP