Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%
Price spread now: MEXC against Extended−0.044%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$380.375% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.044%, 7d avg +0.029%
=Together, before fees+0.048%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 3.0633 | 0.0104 | pay 0.0013% / 1h | 12m 08s | $23K | $129K | 10x |
| Short | MEXC ICP_USDT | 3.0620 | 0.0100 | get 0.0100% / 8h | 7h 12m | $20.1M | $9.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.84
- Price spread: −0.044% → +0.029%
- −$7.3
- Slippage, 4 orders
- −$32.54
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$45.68
- Costs to cover
- 0.375%
- Break-even
- never at this rate
Slippage from Extended: live order book, 58 min ago; MEXC: live order book, 1 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, 58 min ago | 3.98 bp | 13.8 bp −$14 | 76.5 bp −$765 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.63 bp | 7.4 bp −$7 | 15.2 bp −$152 | 61.5 bp −$6,154 | 142.0 bp −$71.0K |
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-PERPETUAL | −0.0174% | 1h | 3.0630 | −0.011% | $273 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0120% | 1h | 3.0689 | +0.183% | $559K | $598K | 50x | as long as short |
| Variational Omni ICP | −0.0052% | 8h | 3.0520 | −0.369% | $1.1M | $113K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0665 | +0.103% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0643 | +0.032% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −3.161% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0059% | 8h | 3.0590 | −0.141% | $1.8M | $777K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0677 | +0.143% | $172K | $484K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0693 | +0.196% | $339K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0664 | +0.101% | $139K | $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 | 3.0600 | −0.109% | $30.7M | $52.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0590 | −0.141% | $18.1M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0610 | −0.076% | $6.2M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0620 | −0.044% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 3.0620 | −0.044% | $20.1M | $9.7M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0600 | −0.109% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0620 | −0.044% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0600 | −0.109% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0650 | +0.056% | $24K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0655 | +0.072% | $582K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0630 | −0.011% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0610 | −0.076% | $107K | $239K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 3.0633 | long leg | $23K | $129K | 10x | |
| Hyperliquid ICP | +0.0179% | 1h | 3.0656 | +0.074% | $4.8M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0700 | +0.218% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0680 | +0.152% | $63K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0513% / S −0.0480% | 1h | 3.0644 | +0.035% | $38K | — | 100x | as long as short |
Extended ICP-USD
MEXC ICP_USDT
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]