Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.276%
Price spread now: Phemex against Bitget−0.301%7-day average −0.170% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.460%−$246 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.301%, 7d avg −0.170%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.131% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.170%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ICPUSDT | 2.9910 | 0.0100 | pay 0.0100% / 8h | 5h 16m | $7.0M | $4.9M | 50x |
| Short | Phemex ICPUSDT | 2.9820 | 0.0100 | get 0.0100% / 8h | 5h 16m | $1.8M | $794K | 50x |
Bitget ICPUSDT
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.301% → −0.170%
- −$13.11
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$37.11
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Phemex: live order book, 2 min ago. Net counts fees only.
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 | 1.67 bp | 16.4 bp −$16 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 8.39 bp | doesn't fit | doesn't fit | 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 | −0.0118% | 1h | 2.9902 | −0.027% | $266 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9942 | +0.107% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9920 | +0.033% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.819% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0079% | 8h | 2.9894 | −0.053% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9921 | +0.037% | $161K | $485K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9926 | +0.055% | $275K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9924 | +0.047% | $136K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9890 | −0.067% | $29.4M | $53.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9890 | −0.067% | $17.4M | $19.0M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
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 | 2.9890 | −0.067% | $5.8M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9890 | −0.067% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9890 | −0.067% | $19.9M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9880 | −0.100% | $4.9M | $13.1M | 50x | as long as short |
| Bitget ICPUSDTlong | +0.0100% | 8h | 2.9910 | long leg | $7.0M | $4.9M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9910 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9952 | +0.142% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9953 | +0.142% | $569K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9900 | −0.033% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9900 | −0.033% | $105K | $181K | 20x | as long as short |
| Phemex ICPUSDTshort | +0.0100% | 8h | 2.9820 | −0.301% | $1.8M | $794K | 50x | |
| Hyperliquid ICP | +0.0101% | 1h | 2.9937 | +0.090% | $4.6M | $5.0M | 5x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9903 | −0.025% | $23K | $122K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9930 | +0.067% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0293% | 1h | 2.9944 | +0.115% | $527K | $641K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 3.0030 | +0.401% | $68K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 2.9909 | −0.005% | $37K | — | 100x | as long as short |
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
Hyperliquid ICP
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]