Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: BingX against dYdX+0.028%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.180%+$18 on $10k
+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 BingX is 0.028% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | dYdX ICP-USD | 3.0202 | 0 | get 0.0000% / 1h | 4m 56s | $70K | $4K | 5x |
| Short | BingX ICP-USDT | 3.0210 | 0.0100 | get 0.0100% / 8h | 4m 56s | — | $5.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against dYdX. 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
- $21
- Price spread: +0.028% → 0.000%
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $3.81
- Costs to cover
- 0.200%
- Break-even
- 5.7 days
Slippage unknown: dYdX: no order-book sample; BingX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 3.32 bp | 9.5 bp −$10 | 14.4 bp −$144 | 43.7 bp −$4,374 | 451.5 bp −$225.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1272% | 8h | 3.0310 | +0.359% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0213% | 1h | 3.0214 | +0.041% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0108% | 8h | 3.0111 | −0.300% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDT | −0.0006% | 8h | 3.0220 | +0.061% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 3.0202 | long leg | $70K | $4K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0215 | +0.044% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.776% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0235 | +0.111% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0215 | +0.044% | $182K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0191 | −0.035% | $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 | 3.0220 | +0.061% | $29.8M | $51.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0210 | +0.028% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0210 | +0.028% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0210 | +0.028% | $19.1M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0190 | −0.038% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0220 | +0.061% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDTshort | +0.0100% | 8h | 3.0210 | +0.028% | — | $5.2M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0123 | −0.260% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0159 | −0.142% | $581K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0140 | −0.204% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0190 | −0.038% | $108K | $224K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0204 | +0.008% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0249 | +0.157% | $537K | $579K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0110 | −0.303% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.121% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0286% | 1h | 3.0263 | +0.203% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0217 | +0.052% | $38K | — | 100x | as long as short |
BingX ICP-USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
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
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]