Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: edgeX against Bybit−0.125%91s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 3 days (all we have)+0.224%+$22 · spread now −0.125%, 7d avg −0.026%
=Together, before fees+0.341%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.099% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.026%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 3.0470 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $18.1M | $18.7M | 75x |
| Short | edgeX ICPUSDC | 3.0432 | 0.0100 | get 0.0050% / 4h | 3h 40m | $24K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $0
- Price spread: −0.125% → −0.026%
- −$9.94
- Slippage, 4 orders
- −$31.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$61.79
- Costs to cover
- 0.518%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; edgeX: live order book, 33 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, 3 min ago | 1.64 bp | 13.8 bp −$14 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 8.29 bp | 12.8 bp −$13 | 26.1 bp −$261 | 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 | −0.0241% | 1h | 3.0521 | +0.167% | $272 | $464 | 50x | as long as short |
| Phemex ICPUSDT | −0.0166% | 8h | 3.0490 | +0.066% | $1.8M | $767K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0121% | 1h | 3.0571 | +0.331% | $558K | $601K | 50x | as long as short |
| Variational Omni ICP | −0.0086% | 8h | 3.0390 | −0.262% | $1.1M | $111K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0483 | +0.041% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0524 | +0.178% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.642% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0566 | +0.315% | $175K | $479K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0529 | +0.195% | $301K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0484 | +0.046% | $138K | $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 | 3.0486 | +0.052% | $30.4M | $52.6M | 75x | as long as short |
| Bybit ICPUSDTlong | +0.0100% | 8h | 3.0470 | long leg | $18.1M | $18.7M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0460 | −0.033% | $6.2M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0510 | +0.131% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0480 | +0.033% | $19.4M | $9.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0510 | +0.131% | $5.2M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0510 | +0.131% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0500 | +0.098% | — | $5.2M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 3.0432 | −0.125% | $24K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0459 | −0.037% | $589K | $471K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0490 | +0.066% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0430 | −0.131% | $106K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0478 | +0.026% | $22K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0183% | 1h | 3.0541 | +0.233% | $4.8M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0410 | −0.197% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0470 | 0.000% | $63K | $87K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0511% / S −0.0480% | 1h | 3.0534 | +0.211% | $38K | — | 100x | as long as short |
Bybit ICPUSDT
edgeX ICPUSDC
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]