Funding you earn now, next payment 00:00 UTC+0.0227%/8h= +24.9% APRnext payment +$2.27 per $10,000 · paid last 24h +0.040%
Price spread now: BloFin against Gate−0.133%63s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.662% of the position
Funding, last 7 days+0.353%+$35 on $10k
+Price spread, last 3 days (all we have)+0.089%+$9 · spread now −0.133%, 7d avg +0.020%
=Funding pays, the price is against you. BloFin is 0.152% cheaper against Gate than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of +0.020%). If the spread goes back, that is −$15 on $10k: about 2.2 days of funding at the current rate (+$7 a day). The two prices were read 63 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 | Gate ICP_USDT | 3.0180 | −0.0007 | get 0.0007% / 8h | 8m 00s | $1.9M | $2.9M | 50x |
| Short | BloFin ICP-USDT | 3.0140 | 0.0220 | get 0.0220% / 8h | 8m 00s | $1.3M | $2.3M | 75x |
Gate ICP_USDT
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $47.67
- Price spread: −0.133% → +0.020%
- −$15.24
- Slippage, 4 orders
- −$39.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$33.82
- Costs to cover
- 0.662%
- Break-even
- 12.0 days
Slippage from Gate: live order book, 5 min ago; BloFin: 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 Gate live order book, 5 min ago | 1.66 bp | 18.9 bp −$19 | 40.2 bp −$402 | 69.4 bp −$6,939 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 3.32 bp | 12.3 bp −$12 | 19.5 bp −$195 | 64.7 bp −$6,470 | 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 | −0.1294% | 8h | 3.0280 | +0.331% | $1.8M | $762K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0478% | 1h | 3.0182 | +0.007% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0115% | 8h | 3.0101 | −0.263% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDTlong | −0.0007% | 8h | 3.0180 | long leg | $1.9M | $2.9M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0198 | +0.059% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0195 | +0.049% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.706% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0215 | +0.116% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0166 | −0.048% | $187K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0196 | +0.053% | $137K | $11K | 5x | 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 ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0166 | −0.045% | $29.8M | $51.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0150 | −0.099% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0150 | −0.099% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0150 | −0.099% | $19.1M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0160 | −0.066% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0180 | 0.000% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0190 | +0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0156 | −0.079% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0111 | −0.227% | $580K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0170 | −0.033% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0190 | +0.033% | $108K | $224K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0151 | −0.097% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0205 | +0.082% | $536K | $578K | 50x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 3.0140 | −0.133% | $1.3M | $2.3M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.193% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0276% | 1h | 3.0241 | +0.203% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0200 | +0.065% | $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
Extended ICP-USD
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]