Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against Bitget−0.067%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.735% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.067%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.054% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ICPUSDT | 2.9750 | 0.0100 | pay 0.0100% / 8h | 4h 31m | $7.0M | $4.7M | 50x |
| Short | Gate ICP_USDT | 2.9730 | 0.0100 | get 0.0100% / 8h | 4h 31m | $1.9M | $3.0M | 50x |
Bitget ICPUSDT
Gate ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.067% → −0.013%
- −$5.41
- Slippage, 4 orders
- −$46.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$78.93
- Costs to cover
- 0.735%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: 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 Bitget live order book, 2 min ago | 3.37 bp | 13.2 bp −$13 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.69 bp | 24.4 bp −$24 | 66.0 bp −$660 | 154.6 bp −$15.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9724 | −0.086% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9690 | −0.202% | $265 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9682 | −0.227% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.286% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0091% | 8h | 2.9410 | −1.143% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9756 | +0.020% | $159K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9727 | −0.077% | $271K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9736 | −0.046% | $135K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9742 | −0.028% | $29.2M | $50.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9720 | −0.101% | $17.2M | $18.4M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9730 | −0.067% | $5.7M | $16.4M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9730 | −0.067% | $1.9M | $3.0M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9730 | −0.067% | $19.8M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9730 | −0.067% | $4.9M | $12.7M | 50x | as long as short |
| Bitget ICPUSDTlong | +0.0100% | 8h | 2.9750 | long leg | $7.0M | $4.7M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.067% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9492 | −0.867% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9501 | −0.836% | $571K | $464K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9660 | −0.303% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9620 | −0.437% | $104K | $156K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9680 | −0.235% | $1.8M | $791K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9732 | −0.062% | $22K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9520 | −0.773% | $1.2M | $2.2M | 75x | as long as short |
| Hyperliquid ICP | +0.0228% | 1h | 2.9754 | +0.013% | $4.6M | $4.9M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9690 | −0.202% | $67K | $60K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0535% / S −0.0528% | 1h | 2.9683 | −0.226% | $39K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0568% | 1h | 2.9707 | −0.145% | $522K | $605K | 50x | as long as short |
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD