Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.021%
Price spread now: Gate against edgeX−0.088%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 3 days (all we have)−0.196%−$20 · spread now −0.088%, 7d avg +0.033%
=Together, before fees−0.386%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.121% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 3.0006 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $23K | $278K | 10x |
| Short | Gate ICP_USDT | 2.9980 | −0.0056 | pay 0.0056% / 8h | 1h 17m | $1.9M | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$32.76
- Price spread: −0.088% → +0.033%
- −$12.09
- Slippage, 4 orders
- −$40.43
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.28
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from edgeX: live order book, just now; Gate: live order book, 6 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, just now | 8.33 bp | 12.8 bp −$13 | 26.9 bp −$269 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 3.34 bp | 18.4 bp −$18 | 61.8 bp −$618 | 158.8 bp −$15.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1485% | 8h | 2.9830 | −0.588% | $1.7M | $772K | 50x | as long as short |
| Variational Omni ICP | −0.0166% | 8h | 2.9981 | −0.084% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.138% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDTshort | −0.0056% | 8h | 2.9980 | −0.088% | $1.9M | $2.8M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0029 | +0.075% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0015 | +0.029% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0010 | +0.012% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0035 | +0.095% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0030 | +0.079% | $203K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0016 | +0.033% | $136K | $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 | 2.9998 | −0.028% | $29.7M | $50.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9980 | −0.088% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9990 | −0.055% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0010 | +0.012% | $19.6M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0000 | −0.021% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0000 | −0.021% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0000 | −0.021% | — | $4.9M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 3.0006 | long leg | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0022 | +0.054% | $575K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0010 | +0.012% | $956 | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.155% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9991 | −0.051% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0040 | +0.112% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 3.0036 | +0.100% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.079% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9996 | −0.036% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0674% | 1h | 3.0061 | +0.181% | $4.8M | $5.0M | 5x | as long as short |
edgeX ICPUSDC
Gate ICP_USDT
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP