Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against Binance−0.004%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.004%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.020% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 3.0111 | 0.0100 | pay 0.0100% / 8h | 6h 50m | $30.0M | $54.1M | 75x |
| Short | OKX ICP-USDT-SWAP | 3.0110 | 0.0100 | get 0.0100% / 8h | 6h 50m | $5.9M | $17.3M | 50x |
Binance ICPUSDT
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.004% → −0.024%
- $2.02
- Slippage, 4 orders
- −$26.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$44.72
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago | 1.66 bp | 9.5 bp −$10 | 24.6 bp −$246 | 317.3 bp −$31.7K | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.33 bp | 14.4 bp −$14 | 46.4 bp −$464 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.0025% | 8h | 3.0040 | −0.235% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0104 | −0.024% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0074 | −0.124% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0063 | −0.159% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.482% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0147 | +0.119% | $166K | $488K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0101 | −0.034% | $310K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0117 | +0.020% | $137K | $11K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 3.0111 | long leg | $30.0M | $54.1M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0110 | −0.004% | $17.8M | $19.0M | 75x | as long as short |
Variational Omni ICP
dYdX ICP-USD
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-SWAPshort | +0.0100% | 8h | 3.0110 | −0.004% | $5.9M | $17.3M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 3.0100 | −0.037% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0110 | −0.004% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0090 | −0.071% | $5.0M | $13.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0120 | +0.029% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0120 | +0.029% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0017 | −0.313% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0048 | −0.211% | $571K | $477K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0050 | −0.203% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0060 | −0.170% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0170 | +0.195% | $1.8M | $788K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0093 | −0.061% | $22K | $128K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0060 | −0.170% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0120 | +0.029% | $61K | $69K | 50x | as long as short |
| Hyperliquid ICP | +0.0483% | 1h | 3.0157 | +0.152% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0068 | −0.144% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0892% | 1h | 3.0100 | −0.037% | $545K | $620K | 50x | as long as short |
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