Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.019%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.019%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9454 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $28.9M | $51.9M | 75x |
| Short | MEXC ICP_USDT | 2.9460 | 0.0100 | get 0.0100% / 8h | 4h 48m | $19.8M | $10.2M | 50x |
Binance ICPUSDT
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.019% → −0.003%
- $2.2
- Slippage, 4 orders
- −$17.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$25.29
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 5 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, 9 min ago | 1.69 bp | 10.2 bp −$10 | 21.5 bp −$215 | 302.5 bp −$30.3K | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.69 bp | 4.7 bp −$5 | 11.3 bp −$113 | 63.1 bp −$6,312 | 131.3 bp −$65.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9477 | +0.078% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9420 | −0.117% | $262 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9453 | −0.006% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.715% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0092% | 8h | 2.9460 | +0.019% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9455 | +0.002% | $157K | $485K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9464 | +0.034% | $269K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9462 | +0.027% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9454 | long leg | $28.9M | $51.9M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9440 | −0.049% | $17.0M | $18.5M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
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 | 2.9440 | −0.049% | $5.6M | $16.5M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9440 | −0.049% | $1.8M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9460 | +0.019% | $19.8M | $10.2M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9450 | −0.015% | $4.8M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9430 | −0.083% | $6.9M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9450 | −0.015% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9598 | +0.489% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9593 | +0.472% | $572K | $464K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9440 | −0.049% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9460 | +0.019% | $103K | $176K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9420 | −0.117% | $1.7M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9444 | −0.034% | $22K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9460 | +0.019% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9710 | +0.868% | $67K | $63K | 50x | as long as short |
| Hyperliquid ICP | +0.0399% | 1h | 2.9500 | +0.155% | $4.5M | $4.9M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0503% / S −0.0480% | 1h | 2.9447 | −0.024% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0573% | 1h | 2.9454 | −0.002% | $517K | $626K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate 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