Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against BingX0.000%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now 0.000%, 7d avg −0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ICP-USDT | 2.9470 | 0.0100 | pay 0.0100% / 8h | 3h 32m | — | $5.7M | — |
| Short | Bybit ICPUSDT | 2.9470 | 0.0100 | get 0.0100% / 8h | 3h 32m | $17.0M | $17.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → −0.017%
- $1.71
- Slippage, 4 orders
- −$21.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.96
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago | 3.39 bp | 9.9 bp −$10 | 14.4 bp −$144 | 45.3 bp −$4,527 | 486.8 bp −$243.4K |
| Sell Bybit live order book, 1 min ago | 1.70 bp | 10.5 bp −$10 | 35.6 bp −$356 | 574.8 bp −$57.5K | 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 | −0.0191% | 1h | 2.9478 | +0.027% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9503 | +0.111% | $527K | $597K | 50x | as long as short |
| Phemex ICPUSDT | −0.0025% | 8h | 2.9470 | 0.000% | $1.7M | $788K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9490 | +0.068% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9482 | +0.041% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.662% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0078% | 8h | 2.9460 | −0.034% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9475 | +0.017% | $143K | $489K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9500 | +0.102% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9475 | +0.016% | $261K | $1.5M | 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 | 2.9473 | +0.010% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9450 | −0.068% | $28.9M | $48.6M | 75x | as long as short |
| Bybit ICPUSDTshort | +0.0100% | 8h | 2.9470 | 0.000% | $17.0M | $17.3M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9460 | −0.034% | $5.7M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9460 | −0.034% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9470 | 0.000% | $18.9M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9470 | 0.000% | $4.8M | $12.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9480 | +0.034% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDTlong | +0.0100% | 8h | 2.9470 | long leg | — | $5.7M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9473 | +0.011% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9491 | +0.071% | $567K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9470 | 0.000% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9440 | −0.102% | $103K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9456 | −0.049% | $22K | $132K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9420 | −0.170% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9480 | +0.034% | $66K | $60K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9488 | +0.061% | $31K | — | 100x | as long as short |
BingX ICP-USDT
Bybit ICPUSDT
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]