Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: edgeX against Binance−0.141%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.527%+$53 · spread now −0.141%, 7d avg −0.049%
=Together, before fees+0.588%+ Points / potential airdropedgeX: Active · farm board+$59 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9700 | 0.0100 | pay 0.0100% / 8h | 4h 01m | $29.2M | $50.5M | 75x |
| Short | edgeX ICPUSDC | 2.9658 | 0.0100 | get 0.0050% / 4h | 1m 02s | $23K | $281K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $0
- Price spread: −0.141% → −0.049%
- −$9.27
- Slippage, 4 orders
- −$24.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$52.83
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; edgeX: live order book, 57 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, 11 min ago | 1.69 bp | 10.7 bp −$11 | 24.1 bp −$241 | 280.1 bp −$28.0K | doesn't fit |
| Sell edgeX live order book, 57 min ago | 6.77 bp | 11.5 bp −$12 | 24.1 bp −$241 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0288% | 1h | 2.9697 | −0.010% | $265 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0042% | 8h | 2.9680 | −0.067% | $1.8M | $791K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9719 | +0.065% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9712 | +0.040% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.118% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0084% | 8h | 2.9700 | −0.001% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9735 | +0.118% | $158K | $487K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9739 | +0.131% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9717 | +0.059% | $264K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9712 | +0.039% | $135K | $10K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9700 | long leg | $29.2M | $50.5M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9700 | 0.000% | $17.2M | $18.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9710 | +0.034% | $5.7M | $15.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9710 | +0.034% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9700 | 0.000% | $19.7M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9720 | +0.067% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9720 | +0.067% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9710 | +0.034% | — | $5.8M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 2.9658 | −0.141% | $23K | $281K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9667 | −0.111% | $570K | $458K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9680 | −0.067% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9640 | −0.202% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9687 | −0.045% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9710 | +0.034% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9750 | +0.168% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0435% / S −0.0367% | 1h | 2.9707 | +0.025% | $31K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0567% | 1h | 2.9740 | +0.135% | $534K | $617K | 50x | as long as short |
Binance ICPUSDT
edgeX ICPUSDC
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD