Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against BingX−0.057%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.057%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.073% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ICP-USDT | 2.9790 | 0.0100 | pay 0.0100% / 8h | 1h 54m | — | $4.9M | — |
| Short | Binance ICPUSDT | 2.9773 | 0.0100 | get 0.0100% / 8h | 1h 54m | $28.9M | $48.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.057% → +0.016%
- −$7.26
- Slippage, 4 orders
- −$23.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.43
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: 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 BingX live order book, 11 min ago | 5.06 bp | 11.6 bp −$12 | 21.7 bp −$217 | 104.4 bp −$10.4K | 535.7 bp −$267.8K |
| Sell Binance live order book, 3 min ago | 1.68 bp | 9.1 bp −$9 | 22.4 bp −$224 | 189.7 bp −$19.0K | 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 | −0.1249% | 8h | 2.9710 | −0.269% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0421% | 1h | 2.9772 | −0.060% | $265 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0215% | 8h | 2.9802 | +0.042% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.420% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0103% | 8h | 2.9770 | −0.067% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9827 | +0.125% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9795 | +0.017% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0054% | 8h | 2.9770 | −0.067% | $17.1M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9788 | −0.007% | $166K | $441K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9808 | +0.060% | $185K | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9815 | +0.084% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDTshort | +0.0100% | 8h | 2.9773 | −0.057% | $28.9M | $48.9M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9750 | −0.134% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9780 | −0.034% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9800 | +0.034% | $5.0M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9810 | +0.067% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDTlong | +0.0100% | 8h | 2.9790 | long leg | — | $4.9M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9691 | −0.332% | $23K | $276K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9779 | −0.035% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9780 | −0.034% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9770 | −0.067% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9776 | −0.046% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9810 | +0.067% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0224% | 1h | 2.9797 | +0.024% | $488K | $512K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9890 | +0.336% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9784 | −0.019% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0598% | 1h | 2.9833 | +0.144% | $4.7M | $5.0M | 5x | as long as short |
BingX ICP-USDT
Binance ICPUSDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP