Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −25.0% APRnext payment −$2.28 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against BloFin+0.033%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.033%, 7d avg −0.020%
=The price spread pays, funding is against you. Gate is 0.053% dearer against BloFin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.020%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ICP-USDT | 3.0110 | 0.0220 | pay 0.0220% / 8h | 7m 07s | $1.3M | $2.3M | 75x |
| Short | Gate ICP_USDT | 3.0120 | −0.0008 | pay 0.0008% / 8h | 7m 07s | $1.9M | $2.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$47.88
- Price spread: +0.033% → −0.020%
- $5.31
- Slippage, 4 orders
- −$39.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.09
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 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 BloFin live order book, 6 min ago | 3.32 bp | 14.2 bp −$14 | 18.8 bp −$188 | 110.3 bp −$11.0K | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.32 bp | 18.6 bp −$19 | 60.2 bp −$602 | 159.7 bp −$16.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1287% | 8h | 3.0240 | +0.432% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0480% | 1h | 3.0130 | +0.066% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0115% | 8h | 3.0101 | −0.031% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDTshort | −0.0008% | 8h | 3.0120 | +0.033% | $1.9M | $2.9M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0171 | +0.203% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0154 | +0.148% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.478% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0162 | +0.173% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0120 | +0.033% | $187K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0163 | +0.177% | $137K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0130 | +0.066% | $29.8M | $51.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0160 | +0.166% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0150 | +0.133% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0130 | +0.066% | $19.0M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0110 | 0.000% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0150 | +0.133% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0130 | +0.066% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0155 | +0.150% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0159 | +0.161% | $581K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0110 | 0.000% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0160 | +0.166% | $108K | $224K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0110 | +0.002% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0165 | +0.183% | $535K | $578K | 50x | as long as short |
| BloFin ICP-USDTlong | +0.0220% | 8h | 3.0110 | long leg | $1.3M | $2.3M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.428% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0277% | 1h | 3.0192 | +0.271% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0140 | +0.099% | $37K | — | 100x | as long as short |
BloFin ICP-USDT
Gate ICP_USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]