Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against Bitget−0.068%7-day average −0.006% · 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−$58as in the Price arb table
costs, in and out, $10k−$510.513% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.068%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.062% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ICPUSDT | 2.9620 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $7.0M | $4.7M | 50x |
| Short | Binance ICPUSDT | 2.9600 | 0.0100 | get 0.0100% / 8h | 4h 04m | $29.1M | $50.5M | 75x |
Bitget ICPUSDT
Binance ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.068% → −0.006%
- −$6.19
- Slippage, 4 orders
- −$29.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.5
- Costs to cover
- 0.513%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 7 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 Bitget live order book, 3 min ago | 1.68 bp | 14.1 bp −$14 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.69 bp | 9.5 bp −$9 | 19.8 bp −$198 | 210.2 bp −$21.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0290% | 1h | 2.9612 | −0.027% | $264 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9629 | +0.031% | $69K | $3K | 5x | as long as short |
| Phemex ICPUSDT | +0.0002% | 8h | 2.9590 | −0.101% | $1.8M | $791K | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9632 | +0.041% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.152% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0085% | 8h | 2.9600 | −0.068% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9641 | +0.071% | $157K | $487K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9639 | +0.064% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9634 | +0.046% | $262K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9624 | +0.014% | $134K | $10K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Phemex ICPUSDT
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 ICPUSDTshort | +0.0100% | 8h | 2.9600 | −0.068% | $29.1M | $50.5M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9580 | −0.135% | $17.1M | $18.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9600 | −0.068% | $5.7M | $15.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9610 | −0.034% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9610 | −0.034% | $19.6M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9620 | 0.000% | $4.9M | $12.6M | 50x | as long as short |
| Bitget ICPUSDTlong | +0.0100% | 8h | 2.9620 | long leg | $7.0M | $4.7M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.068% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9638 | +0.060% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9641 | +0.072% | $569K | $458K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.034% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.034% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9592 | −0.095% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9610 | −0.034% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9710 | +0.304% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9633 | +0.045% | $31K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0569% | 1h | 2.9652 | +0.106% | $532K | $617K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
BingX ICP-USDT
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]
Kraken Futures PF_ICPUSD