Funding you earn now, next payment 06:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.091%
Price spread now: dYdX against Deribit+0.058%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and dYdX is 0.058% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 2.9352 | −0.0091 | get 0.0011% / 1h | 16m 45s | $191 | $439 | 50x |
| Short | dYdX ICP-USD | 2.9369 | 0 | get 0.0000% / 1h | 16m 45s | $68K | $3K | 5x |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $19.11
- Price spread: +0.058% → 0.000%
- $5.83
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $7.94
- Costs to cover
- 0.170%
- Break-even
- 4.1 days
Slippage unknown: Deribit: no order-book sample; dYdX: no order-book sample. 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 dYdX no order-book sample | — | — | — | — | — |
Deribit and dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUALlong | −0.0091% | 1h | 2.9352 | long leg | $191 | $439 | 50x | |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9378 | +0.087% | $521K | $688K | 50x | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 2.9369 | +0.058% | $68K | $3K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9363 | +0.037% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.066% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0053% | 8h | 2.9230 | −0.416% | $1.0M | $133K | — | as long as short |
| Phemex ICPUSDT | +0.0081% | 8h | 2.9310 | −0.143% | $1.7M | $668K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9354 | +0.007% | $141K | $494K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9384 | +0.109% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9354 | +0.006% | $262K | $1.3M | 20x | as long as short |
Kraken Futures PF_ICPUSD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Phemex ICPUSDT
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9365 | +0.045% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9330 | −0.075% | $28.7M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9320 | −0.109% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9330 | −0.075% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9340 | −0.041% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9330 | −0.075% | $18.4M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9340 | −0.041% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9350 | −0.007% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9340 | −0.041% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9258 | −0.320% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9290 | −0.212% | $565K | $505K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9340 | −0.041% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.027% | $103K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9314 | −0.128% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9280 | −0.245% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9380 | +0.095% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9354 | +0.005% | $30K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]