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: MEXC against Bitget+0.067%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.067%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% dearer against Bitget than usual: you sell high and buy low, +$7 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 | 2.9690 | 0.0100 | pay 0.0100% / 8h | 2h 46m | $6.8M | $4.4M | 50x |
| Short | MEXC ICP_USDT | 2.9710 | 0.0100 | get 0.0100% / 8h | 2h 46m | $19.6M | $8.4M | 50x |
Bitget ICPUSDT
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → −0.006%
- $7.33
- Slippage, 4 orders
- −$23.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$28.17
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 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 | 1.68 bp | 15.5 bp −$16 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.68 bp | 2.7 bp −$3 | 11.2 bp −$112 | 68.3 bp −$6,827 | 145.1 bp −$72.6K |
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 | −0.1280% | 8h | 2.9670 | −0.067% | $1.7M | $781K | 50x | as long as short |
| Variational Omni ICP | −0.0286% | 8h | 2.9615 | −0.252% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.084% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0188% | 1h | 2.9697 | +0.024% | $265 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0129% | 8h | 2.9670 | −0.067% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0059% | 8h | 2.9700 | +0.034% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9670 | −0.067% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9698 | +0.028% | $27K | — | 150x | as long as short |
| OKX ICP-USDT-SWAP | +0.0095% | 8h | 2.9700 | +0.034% | $5.8M | $15.6M | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9727 | +0.125% | $166K | $441K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
OKX ICP-USDT-SWAP
Lighter ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9710 | +0.067% | $189K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9677 | −0.045% | $134K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9710 | +0.067% | $28.9M | $48.6M | 75x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9710 | +0.067% | $19.6M | $8.4M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9710 | +0.067% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDTlong | +0.0100% | 8h | 2.9690 | long leg | $6.8M | $4.4M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9680 | −0.034% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9647 | −0.144% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9638 | −0.175% | $568K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9670 | −0.067% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.303% | $105K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9697 | +0.024% | $24K | $123K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0149% | 1h | 2.9702 | +0.040% | $494K | $508K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9650 | −0.135% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9700 | +0.034% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9703 | +0.045% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0870% | 1h | 2.9763 | +0.246% | $4.8M | $4.9M | 5x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
KuCoin ICPUSDTM
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP