Funding you earn now, next payment 11:00 UTC+0.0253%/8h= +27.7% APRnext payment +$0.32 per $10,000 · paid last 24h +0.083%
Price spread now: GMX against Extended+0.170%83s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.170% dearer against Extended than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 83 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 | Extended ICP-USD | 2.9454 | 0.0104 | pay 0.0013% / 1h | 57m 48s | $23K | $243K | 10x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9504 | L +0.0425% / S −0.0357% | get 0.0045% / 1h | 57m 48s | $30K | — | 100x |
Extended ICP-USD
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $53.21
- Price spread: +0.170% → 0.000%
- $17.04
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $53.24
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 51 min ago; GMX: 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 Extended live order book, 51 min ago | 3.75 bp | 13.3 bp −$13 | 62.2 bp −$622 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 exchanges
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 | −0.0376% | 8h | 2.9430 | −0.080% | $1.7M | $703K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0191% | 1h | 2.9465 | +0.039% | $192 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0156% | 8h | 2.9448 | −0.019% | $1.1M | $164K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9503 | +0.167% | $68K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9480 | +0.091% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.718% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9465 | +0.039% | $135K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9483 | +0.098% | $248K | $909K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9510 | +0.192% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9461 | +0.024% | $28.5M | $47.3M | 75x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9460 | +0.022% | $17.1M | $17.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9440 | −0.046% | $5.8M | $12.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9460 | +0.022% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | +0.022% | $18.3M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9470 | +0.056% | $4.9M | $10.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9480 | +0.089% | $7.0M | $4.3M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9460 | +0.022% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9453 | −0.002% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9508 | +0.186% | $561K | $598K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9450 | −0.012% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9460 | +0.022% | $103K | $124K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9454 | long leg | $23K | $243K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0187% | 1h | 2.9495 | +0.139% | $512K | $591K | 50x | as long as short |
| Hyperliquid ICP | +0.0206% | 1h | 2.9504 | +0.172% | $4.6M | $4.3M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9490 | +0.123% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0424% | 1h | 2.9570 | +0.395% | $58K | $63K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0425% / S −0.0357% | 1h | 2.9504 | +0.170% | $30K | — | 100x |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX