Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Binance against edgeX−0.194%50s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.194%, 7d avg +0.047%
=Together, before fees−0.097%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.240% cheaper against edgeX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 50 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 | edgeX ICPUSDC | 2.9458 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $23K | $281K | 10x |
| Short | Binance ICPUSDT | 2.9401 | 0.0100 | get 0.0100% / 8h | 3h 12m | $28.8M | $48.2M | 75x |
edgeX ICPUSDC
Binance ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $0
- Price spread: −0.194% → +0.047%
- −$24.03
- Slippage, 4 orders
- −$28.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$71.65
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 40 min ago; Binance: live order book, 14 min ago.
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 edgeX live order book, 40 min ago | 8.43 bp | 13.1 bp −$13 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.70 bp | 12.3 bp −$12 | 28.6 bp −$286 | 192.8 bp −$19.3K | doesn't fit |
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-PERPETUAL | −0.0090% | 1h | 2.9417 | −0.138% | $191 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9451 | −0.023% | $524K | $597K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9454 | −0.012% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9440 | −0.060% | $10K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0008% | 8h | 2.9420 | −0.128% | $1.7M | $786K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.704% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0074% | 8h | 2.9450 | −0.027% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9413 | −0.152% | $143K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9435 | −0.077% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9427 | −0.106% | $264K | $1.5M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
Injective ICP/USDC PERP
Variational Omni ICP
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 | 2.9435 | −0.076% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDTshort | +0.0100% | 8h | 2.9401 | −0.194% | $28.8M | $48.2M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9380 | −0.264% | $17.1M | $17.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9410 | −0.162% | $5.7M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9410 | −0.162% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9400 | −0.196% | $18.5M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9410 | −0.162% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9410 | −0.162% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9410 | −0.162% | — | $5.7M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9458 | long leg | $23K | $281K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9444 | −0.046% | $566K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9420 | −0.128% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9420 | −0.128% | $103K | $116K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9421 | −0.123% | $22K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9410 | −0.162% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9530 | +0.245% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9429 | −0.098% | $31K | — | 100x | as long as short |
Pacifica ICP
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
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]