Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.004%
Price spread now: Bybit against dYdX+0.098%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.077%+$8 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 Bybit is 0.098% dearer against dYdX than usual: you sell high and buy low: +$10 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 | dYdX ICP-USD | 3.0170 | 0 | get 0.0000% / 1h | 57m 59s | $70K | $4K | 5x |
| Short | Bybit ICPUSDT | 3.0200 | 0.0100 | get 0.0100% / 8h | 57m 59s | $17.6M | $18.0M | 75x |
dYdX ICP-USD
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.098% → 0.000%
- $9.81
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $9.81
- Costs to cover
- 0.210%
- Break-even
- 3.7 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, just now. 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 Bybit live order book, just now | 1.66 bp | 12.4 bp −$12 | 38.9 bp −$389 | 214.1 bp −$21.4K | doesn't fit |
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 | −0.1515% | 8h | 3.0060 | −0.366% | $1.8M | $767K | 50x | as long as short |
| Variational Omni ICP | −0.0145% | 8h | 3.0011 | −0.528% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0030% | 8h | 3.0200 | +0.098% | $2.0M | $2.8M | 50x | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 3.0170 | long leg | $70K | $4K | 5x | |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0220 | +0.164% | $269 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0255 | +0.280% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.675% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0246 | +0.251% | $160K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0229 | +0.194% | $195K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0165 | −0.016% | $137K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
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 ICPUSDT | +0.0100% | 8h | 3.0212 | +0.138% | $29.9M | $50.5M | 75x | as long as short |
| Bybit ICPUSDTshort | +0.0100% | 8h | 3.0200 | +0.098% | $17.6M | $18.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0200 | +0.098% | $6.0M | $16.3M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0200 | +0.098% | $19.4M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0220 | +0.164% | $5.1M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0210 | +0.131% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0220 | +0.164% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0026 | −0.479% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0029 | −0.467% | $575K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0200 | +0.098% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0260 | +0.297% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0205 | +0.113% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0231 | +0.201% | $491K | $529K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0160 | −0.034% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0220 | +0.164% | $63K | $90K | 50x | as long as short |
| Hyperliquid ICP | +0.0428% | 1h | 3.0265 | +0.314% | $4.7M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0256 | +0.282% | $38K | — | 100x | as long as short |
Binance 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]