ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.120%

Price spread now: Deribit against dYdX+0.117%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

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 pays, funding is against you. Deribit is 0.117% dearer against dYdX than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ICP-USD	2.9789	0	get 0.0000% / 1h	31m 09s	$69K	$4K	5x
Short	Deribit ICP_USDC-PERPETUAL	2.9824	−0.0186	pay 0.0023% / 1h	31m 09s	$266	$464	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee DeribitbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$39.06
Price spread: +0.117% → 0.000%: $11.66
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$44.4
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Deribit: 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 dYdX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

dYdX and 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	−0.1321%	8h	2.9690	−0.333%	$1.7M	$781K	50x	as long as short
Variational Omni ICP	−0.0263%	8h	2.9734	−0.186%	$1.1M	$119K	—	as long as short
Injective ICP/USDC PERP	−0.0199%	1h	2.9665	−0.417%	$202	$200K	12x	as long as short
Deribit ICP_USDC-PERPETUALshort	−0.0186%	1h	2.9824	+0.117%	$266	$464	50x
Gate ICP_USDT	−0.0114%	8h	2.9830	+0.137%	$1.9M	$2.7M	50x	as long as short
Bybit ICPUSDT	−0.0013%	8h	2.9820	+0.103%	$17.1M	$17.6M	75x	as long as short
dYdX ICP-USDlong	0.0000%	1h	2.9789	long leg	$69K	$4K	5x
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0010%	1h	2.9827	+0.126%	$27K	—	150x	as long as short
Aster ICPUSDT	+0.0100%	8h	2.9817	+0.094%	$187K	$1.5M	20x	as long as short
Pacifica ICP	+0.0100%	1h	2.9797	+0.024%	$135K	$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	2.9834	+0.150%	$29.0M	$48.7M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0100%	8h	2.9830	+0.137%	$5.8M	$15.7M	50x	as long as short
MEXC ICP_USDT	+0.0100%	8h	2.9820	+0.103%	$19.5M	$8.5M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	2.9820	+0.103%	$5.3M	$12.8M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	2.9850	+0.204%	$6.9M	$4.4M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	2.9840	+0.170%	—	$4.9M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	2.9736	−0.179%	$23K	$278K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	2.9778	−0.038%	$571K	$481K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	2.9780	−0.031%	$2K	$1.7M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	2.9770	−0.065%	$106K	$218K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	2.9820	+0.103%	$24K	$123K	10x	as long as short
Lighter ICP	+0.0120%	1h	2.9853	+0.214%	$167K	$442K	5x	as long as short
Kraken Futures PF_ICPUSD	+0.0148%	1h	2.9839	+0.169%	$496K	$510K	50x	as long as short
BloFin ICP-USDT	+0.0220%	8h	2.9770	−0.065%	$1.2M	$2.2M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0232%	1h	2.9860	+0.237%	$62K	$89K	50x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0433% / S −0.0367%	1h	2.9810	+0.070%	$31K	—	100x	as long as short
Hyperliquid ICP	+0.0917%	1h	2.9898	+0.365%	$4.7M	$5.0M	5x	as long as short