Funding you earn now, next payment 00:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h +0.021%
Price spread now: edgeX against Gate−0.013%52s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as 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−$650.653% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 3 days (all we have)+0.218%+$22 · spread now −0.013%, 7d avg −0.035%
=Together, before fees+0.408%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.022% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.035%. The two prices were read 52 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 | 3.0160 | −0.0007 | get 0.0007% / 8h | 8m 30s | $1.9M | $2.9M | 50x |
| Short | edgeX ICPUSDC | 3.0156 | 0.0100 | get 0.0050% / 4h | 8m 30s | $23K | $277K | 10x |
Gate ICP_USDT
edgeX ICPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $22.47
- Price spread: −0.013% → −0.035%
- $2.25
- Slippage, 4 orders
- −$41.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$40.58
- Costs to cover
- 0.653%
- Break-even
- 19.6 days
Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago | 1.66 bp | 18.9 bp −$19 | 40.2 bp −$402 | 69.4 bp −$6,939 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 8.29 bp | 12.8 bp −$13 | 26.1 bp −$261 | 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 | −0.1302% | 8h | 3.0280 | +0.398% | $1.8M | $762K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0479% | 1h | 3.0167 | +0.023% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0115% | 8h | 3.0101 | −0.197% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDTlong | −0.0007% | 8h | 3.0160 | long leg | $1.9M | $2.9M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0198 | +0.125% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0185 | +0.081% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.641% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0200 | +0.133% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0161 | +0.003% | $187K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0196 | +0.119% | $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 | 3.0180 | +0.066% | $29.8M | $51.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0170 | +0.033% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0170 | +0.033% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0170 | +0.033% | $19.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0150 | −0.033% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0190 | +0.099% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0170 | +0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 3.0156 | −0.013% | $23K | $277K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0111 | −0.161% | $580K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0140 | −0.066% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0190 | +0.099% | $108K | $224K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0160 | 0.000% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0194 | +0.114% | $535K | $578K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0140 | −0.066% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.260% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0274% | 1h | 3.0241 | +0.269% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0187 | +0.090% | $37K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]