Funding you earn now, next payment 00:00 UTC−0.0315%/8h= −34.5% APRpaid last 24h −0.070%
Price spread now: Variational Omni against edgeX+0.375%74s7-day average −0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.168%−$17 on $10k
+Price spread, last 3 days (all we have)−0.397%−$40 · spread now +0.375%, 7d avg −0.017%
=Together, before fees−0.565%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.392% dearer against edgeX than usual: you sell high and buy low (spread +0.375% now, against its 7-day average of −0.017%): +$39 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.1 days. The two prices were read 74 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 | 2.9691 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $23K | $276K | 10x |
| Short | Variational Omni ICP | 2.9802 | −0.0215 | pay 0.0215% / 8h | 1h 54m | $1.1M | $121K | — |
edgeX ICPUSDC
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$66.13
- Price spread: +0.375% → −0.017%
- $39.2
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.93
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: edgeX: live order book, 29 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 29 min ago | 8.37 bp | 12.9 bp −$13 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 4.40 bp | doesn't fit | 19.1 bp −$191 | doesn't fit | 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 | −0.1249% | 8h | 2.9710 | +0.064% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0421% | 1h | 2.9772 | +0.273% | $265 | $464 | 50x | as long as short |
| Variational Omni ICPshort | −0.0215% | 8h | 2.9802 | +0.375% | $1.1M | $121K | — | |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.088% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0103% | 8h | 2.9770 | +0.266% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9827 | +0.459% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9795 | +0.351% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0054% | 8h | 2.9770 | +0.266% | $17.1M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9788 | +0.327% | $166K | $441K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9808 | +0.394% | $185K | $1.4M | 20x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter 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 | 2.9815 | +0.418% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9773 | +0.277% | $28.9M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9750 | +0.199% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9780 | +0.300% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9800 | +0.367% | $5.0M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9810 | +0.401% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9790 | +0.333% | — | $4.9M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9691 | long leg | $23K | $276K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9779 | +0.298% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9780 | +0.300% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9770 | +0.266% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9776 | +0.287% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9810 | +0.401% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0224% | 1h | 2.9797 | +0.358% | $488K | $512K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9890 | +0.670% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9784 | +0.314% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0598% | 1h | 2.9833 | +0.478% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance 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