Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.273%
Price spread now: Phemex against Extended−0.267%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.449%−$245 on $10k
+Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.267%, 7d avg −0.108%
=Together, before fees−2.353%+ Points / potential airdropExtended: Active · farm board−$235 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: Phemex is 0.159% cheaper against Extended than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.108%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9318 | 0.0104 | pay 0.0013% / 1h | 20m 33s | $23K | $133K | 10x |
| Short | Phemex ICPUSDT | 2.9240 | 0.0100 | get 0.0100% / 8h | 2h 20m | $1.7M | $667K | 50x |
Extended ICP-USD
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: −0.267% → −0.108%
- −$15.89
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$33.73
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 25 min ago; Phemex: live order book, 3 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 Extended live order book, 25 min ago | 3.94 bp | 13.8 bp −$14 | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 10.28 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0126% | 1h | 2.9234 | −0.287% | $190 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9252 | −0.225% | $483K | $643K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9316 | −0.006% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9260 | −0.199% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.183% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0053% | 8h | 2.9230 | −0.301% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9327 | +0.030% | $141K | $494K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9364 | +0.156% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9338 | +0.068% | $262K | $1.3M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9327 | +0.029% | $133K | $9K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid 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 | 2.9335 | +0.056% | $28.7M | $48.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9320 | +0.006% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9310 | −0.028% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9330 | +0.040% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9330 | +0.040% | $18.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9330 | +0.040% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9340 | +0.074% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9320 | +0.006% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9147 | −0.584% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9142 | −0.599% | $553K | $495K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9280 | −0.130% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9250 | −0.233% | $102K | $118K | 20x | as long as short |
| Phemex ICPUSDTshort | +0.0100% | 8h | 2.9240 | −0.267% | $1.7M | $667K | 50x | |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9318 | long leg | $23K | $133K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9300 | −0.062% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9310 | −0.028% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9253 | −0.224% | $30K | — | 100x | as long as short |
Binance ICPUSDT
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]