Funding you earn now, next payment 00:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h +0.134%
Price spread now: Binance against Deribit0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 3.0130 | −0.0480 | get 0.0060% / 1h | 7m 20s | $269 | $464 | 50x |
| Short | Binance ICPUSDT | 3.0130 | 0.0100 | get 0.0100% / 8h | 7m 20s | $29.8M | $51.7M | 75x |
Deribit ICP_USDC-PERPETUAL
Binance ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $121.8
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $104.8
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 5 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 1.66 bp | 9.2 bp −$9 | 20.0 bp −$200 | 173.6 bp −$17.4K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.365% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUALlong | −0.0480% | 1h | 3.0130 | long leg | $269 | $464 | 50x | |
| Variational Omni ICP | −0.0115% | 8h | 3.0101 | −0.097% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDT | −0.0008% | 8h | 3.0120 | −0.033% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0171 | +0.136% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0154 | +0.081% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.543% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0162 | +0.106% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0120 | −0.032% | $187K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0163 | +0.110% | $137K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDTshort | +0.0100% | 8h | 3.0130 | 0.000% | $29.8M | $51.7M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0120 | −0.033% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0130 | 0.000% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0130 | 0.000% | $19.0M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0110 | −0.066% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0150 | +0.066% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0130 | 0.000% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0155 | +0.083% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0159 | +0.095% | $581K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0110 | −0.066% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0160 | +0.100% | $108K | $224K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0110 | −0.065% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0165 | +0.116% | $535K | $578K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0110 | −0.066% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.361% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0274% | 1h | 3.0181 | +0.170% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0140 | +0.033% | $37K | — | 100x | as long as short |
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]