Funding you earn now, next payment 00:00 UTC+0.0119%/8h= +13.0% APRnext payment +$1.19 per $10,000 · paid last 24h +0.012%
Price spread now: MEXC against Gate+0.033%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.033%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and MEXC is 0.029% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ICP_USDT | 3.0220 | −0.0019 | get 0.0019% / 8h | 27m 19s | $1.9M | $2.9M | 50x |
| Short | MEXC ICP_USDT | 3.0230 | 0.0100 | get 0.0100% / 8h | 27m 19s | $19.1M | $9.3M | 50x |
Gate ICP_USDT
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $24.99
- Price spread: +0.033% → +0.005%
- $2.85
- Slippage, 4 orders
- −$33.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.87
- Costs to cover
- 0.487%
- Break-even
- 12.8 days
Slippage from Gate: live order book, 6 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 Gate live order book, 6 min ago | 3.31 bp | 18.8 bp −$19 | 41.6 bp −$416 | 69.6 bp −$6,962 | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.65 bp | 2.8 bp −$3 | 10.1 bp −$101 | 53.0 bp −$5,298 | 134.7 bp −$67.3K |
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 | −0.1457% | 8h | 3.0270 | +0.165% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0312% | 1h | 3.0214 | −0.020% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0129% | 8h | 3.0212 | −0.028% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDTlong | −0.0019% | 8h | 3.0220 | long leg | $1.9M | $2.9M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0264 | +0.147% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0234 | +0.048% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.837% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0262 | +0.139% | $157K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0234 | +0.047% | $190K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0255 | +0.115% | $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 | 3.0220 | 0.000% | $29.9M | $51.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0210 | −0.033% | $17.9M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0210 | −0.033% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 3.0230 | +0.033% | $19.1M | $9.3M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0220 | 0.000% | $5.1M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0250 | +0.099% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0230 | +0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0290 | +0.233% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0212 | −0.026% | $577K | $436K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0210 | −0.033% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0230 | +0.033% | $107K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0224 | +0.014% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0293 | +0.243% | $537K | $583K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0180 | −0.132% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0236% | 1h | 3.0288 | +0.225% | $4.8M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.059% | $64K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0223 | +0.010% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]