Funding you earn now, next payment 00:00 UTC+0.0225%/8h= +24.6% APRnext payment +$2.25 per $10,000 · paid last 24h +0.021%
Price spread now: SunX against Gate+0.067%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 3 days (all we have)−0.032%−$3 · spread now +0.067%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.074% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ICP_USDT | 2.9740 | −0.0125 | get 0.0125% / 8h | 2h 37m | $1.9M | $2.7M | 50x |
| Short | SunX ICP-USDT | 2.9760 | 0.0100 | get 0.0100% / 8h | 2h 37m | $1K | $1.7M | 20x |
Gate ICP_USDT
SunX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $47.25
- Price spread: +0.067% → −0.007%
- $7.44
- Slippage, 4 orders
- −$168.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$136.56
- Costs to cover
- 1.912%
- Break-even
- 27.2 days
Slippage from Gate: live order book, 1 min ago; SunX: live order book, 8 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, 1 min ago | 3.36 bp | 21.0 bp −$21 | 42.3 bp −$423 | 65.3 bp −$6,528 | doesn't fit |
| Sell SunX live order book, 8 min ago | 48.80 bp | 74.5 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1294% | 8h | 2.9670 | −0.235% | $1.7M | $782K | 50x | as long as short |
| Variational Omni ICP | −0.0267% | 8h | 2.9715 | −0.084% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.252% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0187% | 1h | 2.9763 | +0.077% | $265 | $464 | 50x | as long as short |
| Gate ICP_USDTlong | −0.0125% | 8h | 2.9740 | long leg | $1.9M | $2.7M | 50x | |
| Bybit ICPUSDT | −0.0032% | 8h | 2.9750 | +0.034% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9754 | +0.047% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9772 | +0.108% | $27K | — | 150x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9760 | +0.067% | $189K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9763 | +0.078% | $135K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Bybit ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
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 | 2.9769 | +0.096% | $28.9M | $48.6M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9740 | 0.000% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9770 | +0.101% | $19.5M | $8.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9770 | +0.101% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9780 | +0.134% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9750 | +0.034% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9693 | −0.157% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9728 | −0.041% | $570K | $481K | 10x | as long as short |
| SunX ICP-USDTshort | +0.0100% | 8h | 2.9760 | +0.067% | $1K | $1.7M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9680 | −0.202% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9756 | +0.055% | $24K | $123K | 10x | as long as short |
| Lighter ICP | +0.0120% | 1h | 2.9796 | +0.188% | $166K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9776 | +0.120% | $495K | $510K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9770 | +0.101% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9790 | +0.168% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9767 | +0.089% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0958% | 1h | 2.9824 | +0.282% | $4.8M | $4.9M | 5x | as long as short |
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Extended ICP-USD
Lighter ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP