Funding you earn now, next payment 06:00 UTC−0.0434%/8h= −47.5% APRpaid last 24h −0.121%
Price spread now: Deribit against edgeX−0.232%76s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Deribit is 0.232% cheaper against edgeX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 76 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 | 2.9176 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $23K | $278K | 10x |
| Short | Deribit ICP_USDC-PERPETUAL | 2.9108 | −0.0334 | pay 0.0042% / 1h | 38m 12s | $189 | $439 | 50x |
edgeX ICPUSDC
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$91.14
- Price spread: −0.232% → 0.000%
- −$23.21
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$130.35
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 10 min ago; 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 edgeX live order book, 10 min ago | 6.84 bp | 11.3 bp −$11 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUALshort | −0.0334% | 1h | 2.9108 | −0.232% | $189 | $439 | 50x | |
| Kraken Futures PF_ICPUSD | −0.0069% | 1h | 2.9116 | −0.206% | $483K | $646K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9098 | −0.268% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9113 | −0.215% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.677% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0062% | 8h | 2.9110 | −0.224% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9125 | −0.174% | $140K | $493K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9144 | −0.109% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9121 | −0.189% | $260K | $1.3M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9107 | −0.236% | $132K | $10K | 5x | as long as short |
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid 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 | 2.9110 | −0.225% | $28.4M | $48.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9100 | −0.260% | $17.0M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9110 | −0.225% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9110 | −0.225% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9110 | −0.225% | $17.9M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9110 | −0.225% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9120 | −0.191% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9090 | −0.294% | — | $5.8M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9176 | long leg | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9126 | −0.172% | $554K | $489K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9090 | −0.294% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9060 | −0.397% | $101K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9120 | −0.191% | $1.7M | $736K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9096 | −0.273% | $23K | $134K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9090 | −0.294% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9140 | −0.122% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9109 | −0.229% | $30K | — | 100x | as long as short |
Binance ICPUSDT
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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]