Funding you earn now, next payment 00:00 UTC+0.0135%/8h= +14.8% APRnext payment +$1.35 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Bybit+0.034%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.034%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9740 | −0.0035 | get 0.0035% / 8h | 2h 37m | $17.1M | $17.6M | 75x |
| Short | BingX ICP-USDT | 2.9750 | 0.0100 | get 0.0100% / 8h | 2h 37m | — | $4.9M | — |
Bybit ICPUSDT
BingX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $28.41
- Price spread: +0.034% → +0.017%
- $1.69
- Slippage, 4 orders
- −$23.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.97
- Costs to cover
- 0.441%
- Break-even
- 10.4 days
Slippage from Bybit: live order book, 1 min ago; BingX: 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 Bybit live order book, 1 min ago | 1.68 bp | 11.4 bp −$11 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.68 bp | 7.6 bp −$8 | 15.3 bp −$153 | 41.8 bp −$4,182 | 451.7 bp −$225.8K |
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 | −0.1289% | 8h | 2.9630 | −0.370% | $1.7M | $782K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0288% | 1h | 2.9723 | −0.057% | $265 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0267% | 8h | 2.9715 | −0.084% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.252% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0129% | 8h | 2.9730 | −0.034% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDTlong | −0.0035% | 8h | 2.9740 | long leg | $17.1M | $17.6M | 75x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9698 | −0.140% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9727 | −0.043% | $27K | — | 150x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9735 | −0.018% | $189K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9722 | −0.061% | $135K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9748 | +0.028% | $28.9M | $48.6M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9750 | +0.034% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9740 | 0.000% | $19.5M | $8.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | +0.034% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9750 | +0.034% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDTshort | +0.0100% | 8h | 2.9750 | +0.034% | — | $4.9M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9738 | −0.007% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9728 | −0.041% | $570K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9710 | −0.101% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.067% | $106K | $218K | 20x | as long as short |
| Lighter ICP | +0.0104% | 1h | 2.9755 | +0.050% | $166K | $442K | 5x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9736 | −0.013% | $24K | $123K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9732 | −0.025% | $495K | $510K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9740 | 0.000% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9790 | +0.168% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9729 | −0.038% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0958% | 1h | 2.9820 | +0.269% | $4.8M | $4.9M | 5x | as long as short |
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Lighter ICP
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP