Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.016%
Price spread now: OKX against Extended−0.049%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.049%, 7d avg +0.001%
=Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 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: OKX is 0.049% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9965 | 0.0104 | pay 0.0013% / 1h | 35m 42s | $25K | $124K | 10x |
| Short | OKX ICP-USDT-SWAP | 2.9950 | 0.0100 | get 0.0100% / 8h | 1h 35m | $5.9M | $16.0M | 50x |
Extended ICP-USD
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.049% → +0.001%
- −$4.95
- Slippage, 4 orders
- −$33.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.31
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from Extended: live order book, 45 min ago; OKX: live order book, 3 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, 45 min ago | 3.86 bp | 12.9 bp −$13 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.67 bp | 11.8 bp −$12 | 34.1 bp −$341 | 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 | −0.1315% | 8h | 2.9790 | −0.583% | $1.7M | $775K | 50x | as long as short |
| Variational Omni ICP | −0.0193% | 8h | 2.9912 | −0.177% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.000% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0096% | 8h | 2.9950 | −0.049% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9968 | +0.011% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9981 | +0.055% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9975 | +0.037% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0086% | 8h | 2.9940 | −0.082% | $17.4M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9991 | +0.088% | $166K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9993 | +0.094% | $186K | $1.4M | 20x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
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 | 2.9960 | −0.013% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9960 | −0.015% | $29.8M | $49.7M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9950 | −0.049% | $5.9M | $16.0M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9960 | −0.015% | $18.9M | $8.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | −0.015% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9960 | −0.015% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.015% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9928 | −0.122% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9921 | −0.147% | $572K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9970 | +0.018% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9950 | −0.049% | $107K | $219K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9965 | long leg | $25K | $124K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9980 | +0.052% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9989 | +0.082% | $490K | $524K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0010 | +0.152% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9976 | +0.039% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0673% | 1h | 3.0008 | +0.145% | $4.8M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP