Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.021%
Price spread now: dYdX against Binance−0.042%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−0.151%−$15 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 −$3 a day on $10k at the current rate, and dYdX is 0.042% cheaper against Binance than usual: you would sell low and buy high (−$4 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 | Binance ICPUSDT | 3.0116 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $30.0M | $54.1M | 75x |
| Short | dYdX ICP-USD | 3.0104 | 0 | get 0.0000% / 1h | 50m 33s | $70K | $4K | 5x |
Binance ICPUSDT
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.042% → 0.000%
- −$4.16
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$45.16
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; dYdX: 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 Binance live order book, 7 min ago | 1.66 bp | 9.5 bp −$10 | 24.6 bp −$246 | 317.3 bp −$31.7K | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.0025% | 8h | 3.0040 | −0.253% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 3.0104 | −0.042% | $70K | $4K | 5x | |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0074 | −0.141% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0063 | −0.176% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.499% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0147 | +0.102% | $166K | $488K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0111 | −0.019% | $310K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0117 | +0.003% | $137K | $11K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 3.0116 | long leg | $30.0M | $54.1M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0110 | −0.021% | $17.8M | $19.0M | 75x | as long as short |
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0110 | −0.021% | $5.9M | $17.3M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0110 | −0.021% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0110 | −0.021% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0090 | −0.088% | $5.0M | $13.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0130 | +0.045% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0120 | +0.012% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0017 | −0.330% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0048 | −0.228% | $571K | $477K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0050 | −0.221% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0060 | −0.187% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0170 | +0.178% | $1.8M | $788K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0105 | −0.037% | $22K | $128K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0060 | −0.187% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0120 | +0.012% | $61K | $69K | 50x | as long as short |
| Hyperliquid ICP | +0.0478% | 1h | 3.0149 | +0.108% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0068 | −0.161% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0892% | 1h | 3.0100 | −0.054% | $545K | $620K | 50x | as long as short |
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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD