Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: Bybit against edgeX+0.164%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)−1.218%−$122 · spread now +0.164%, 7d avg +0.020%
=Together, before fees−1.335%+ Points / potential airdropedgeX: Active · farm board−$133 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: Bybit is 0.144% dearer against edgeX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 2.9971 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $23K | $279K | 10x |
| Short | Bybit ICPUSDT | 3.0020 | 0.0100 | get 0.0100% / 8h | 6h 07m | $17.6M | $19.0M | 75x |
edgeX ICPUSDC
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.164% → +0.020%
- $14.42
- Slippage, 4 orders
- −$34.78
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$40.36
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 61 min ago; Bybit: live order book, 1 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, 61 min ago | 9.83 bp | 14.3 bp −$14 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.66 bp | 11.5 bp −$11 | 33.6 bp −$336 | 525.5 bp −$52.5K | doesn't fit |
ICP on 26 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 | −0.0050% | 1h | 3.0031 | +0.201% | $268 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0044 | +0.244% | $70K | $4K | 5x | as long as short |
| Phemex ICPUSDT | +0.0004% | 8h | 3.0010 | +0.131% | $1.8M | $798K | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0033 | +0.207% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0014% | 8h | 3.0080 | +0.363% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.021% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0059 | +0.294% | $163K | $492K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0042 | +0.236% | $279K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0047 | +0.253% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0040 | +0.231% | $29.7M | $53.5M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Phemex ICPUSDT
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTshort | +0.0100% | 8h | 3.0020 | +0.164% | $17.6M | $19.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0020 | +0.164% | $5.8M | $17.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0030 | +0.197% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0040 | +0.231% | $19.4M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0020 | +0.164% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0040 | +0.231% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0020 | +0.164% | — | $6.0M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9971 | long leg | $23K | $279K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9972 | +0.004% | $581K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0040 | +0.231% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.136% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0023 | +0.175% | $22K | $125K | 10x | as long as short |
| Hyperliquid ICP | +0.0136% | 1h | 3.0062 | +0.304% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0140 | +0.564% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0030 | +0.198% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0074 | +0.345% | $545K | $609K | 50x | as long as short |
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
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD