Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against BingX+0.034%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.103%−$10 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.034%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.042% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ICP-USDT | 2.9090 | 0.0100 | pay 0.0100% / 8h | 2h 38m | — | $5.8M | — |
| Short | OKX ICP-USDT-SWAP | 2.9100 | 0.0100 | get 0.0100% / 8h | 2h 38m | $5.6M | $14.8M | 50x |
BingX ICP-USDT
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.034% → −0.008%
- $4.22
- Slippage, 4 orders
- −$25.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$41.51
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; OKX: 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 BingX live order book, 7 min ago | 3.43 bp | 11.1 bp −$11 | 17.7 bp −$177 | 52.9 bp −$5,295 | 503.6 bp −$251.8K |
| Sell OKX live order book, 5 min ago | 1.71 bp | 12.1 bp −$12 | 34.7 bp −$347 | 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 | −0.0403% | 1h | 2.9084 | −0.021% | $189 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0069% | 1h | 2.9091 | +0.005% | $483K | $645K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9098 | +0.026% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9113 | +0.079% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.977% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0062% | 8h | 2.9110 | +0.070% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9100 | +0.034% | $140K | $493K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9144 | +0.186% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9120 | +0.102% | $260K | $1.3M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9107 | +0.058% | $132K | $10K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9104 | +0.049% | $28.4M | $48.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9100 | +0.034% | $17.0M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9100 | +0.034% | $5.6M | $14.8M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9080 | −0.034% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9110 | +0.069% | $17.9M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9110 | +0.069% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9120 | +0.103% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDTlong | +0.0100% | 8h | 2.9090 | long leg | — | $5.8M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9176 | +0.295% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9126 | +0.123% | $554K | $489K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9070 | −0.069% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9090 | 0.000% | $102K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9090 | 0.000% | $1.7M | $737K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9082 | −0.028% | $23K | $134K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9090 | 0.000% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9140 | +0.172% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9109 | +0.065% | $30K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
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
GMX ICP/USD [WBTC.b-USDC]