Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.018%
Price spread now: Gate against Extended−0.024%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.024%, 7d avg +0.011%
=Together, before fees−0.134%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.035% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 3.0247 | 0.0104 | pay 0.0013% / 1h | 58m 18s | $25K | $118K | 10x |
| Short | Gate ICP_USDT | 3.0240 | −0.0030 | pay 0.0030% / 8h | 58m 18s | $2.0M | $2.8M | 50x |
Extended ICP-USD
Gate ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$28.14
- Price spread: −0.024% → +0.011%
- −$3.47
- Slippage, 4 orders
- −$45.55
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.17
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Extended: live order book, 17 min ago; Gate: live order book, 5 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 Extended live order book, 17 min ago | 3.51 bp | 11.7 bp −$12 | 66.5 bp −$665 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.66 bp | 23.4 bp −$23 | 69.8 bp −$698 | 153.8 bp −$15.4K | 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 | −0.1500% | 8h | 2.9940 | −1.016% | $1.7M | $767K | 50x | as long as short |
| Variational Omni ICP | −0.0145% | 8h | 3.0011 | −0.781% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDTshort | −0.0030% | 8h | 3.0240 | −0.024% | $2.0M | $2.8M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0170 | −0.254% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0220 | −0.090% | $269 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0255 | +0.025% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.925% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0197 | −0.166% | $160K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0264 | +0.056% | $195K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0165 | −0.271% | $137K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter 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 | 3.0252 | +0.015% | $29.9M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0240 | −0.024% | $17.6M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0190 | −0.189% | $6.0M | $16.3M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0260 | +0.042% | $19.8M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0270 | +0.075% | $5.1M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0210 | −0.123% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0240 | −0.024% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0026 | −0.732% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0029 | −0.720% | $575K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0200 | −0.156% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0090 | −0.520% | $107K | $220K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 3.0247 | long leg | $25K | $118K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0231 | −0.054% | $491K | $529K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0160 | −0.289% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0220 | −0.090% | $63K | $90K | 50x | as long as short |
| Hyperliquid ICP | +0.0501% | 1h | 3.0298 | +0.168% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0256 | +0.027% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]