Funding you earn now, next payment 22:00 UTC−0.0330%/8h= −36.2% APRpaid last 24h −0.078%
Price spread now: Bitget against GMX−0.011%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 2.9563 | L +0.0430% / S −0.0367% | pay 0.0054% / 1h | 54m 07s | $31K | — | 100x |
| Short | Bitget ICPUSDT | 2.9560 | 0.0100 | get 0.0100% / 8h | 2h 54m | $6.8M | $4.4M | 50x |
GMX ICP/USD [WBTC.b-USDC]
Bitget ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. 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
- −$69.39
- Price spread: −0.011% → 0.000%
- −$1.07
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.46
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 3.38 bp | 14.7 bp −$15 | 30.7 bp −$307 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1328% | 8h | 2.9560 | −0.011% | $1.7M | $779K | 50x | as long as short |
| Variational Omni ICP | −0.0295% | 8h | 2.9570 | +0.023% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9675 | +0.378% | $202 | $148K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0156% | 1h | 2.9565 | +0.006% | $263 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0138% | 8h | 2.9540 | −0.078% | $1.8M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0086% | 8h | 2.9550 | −0.045% | $17.0M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9640 | +0.260% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9567 | +0.014% | $26K | — | 150x | as long as short |
| OKX ICP-USDT-SWAP | +0.0089% | 8h | 2.9550 | −0.045% | $5.8M | $15.7M | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9596 | +0.111% | $165K | $441K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
OKX ICP-USDT-SWAP
Lighter ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9556 | −0.023% | $188K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9604 | +0.136% | $134K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9570 | +0.023% | $28.7M | $48.7M | 75x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9570 | +0.023% | $19.6M | $8.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9570 | +0.023% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDTshort | +0.0100% | 8h | 2.9560 | −0.011% | $6.8M | $4.4M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9560 | −0.011% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9585 | +0.073% | $23K | $276K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9574 | +0.035% | $567K | $504K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9550 | −0.045% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9560 | −0.011% | $105K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9547 | −0.055% | $24K | $123K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0149% | 1h | 2.9578 | +0.049% | $492K | $509K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9620 | +0.192% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9700 | +0.463% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0430% / S −0.0367% | 1h | 2.9563 | long leg | $31K | — | 100x | |
| Hyperliquid ICP | +0.0756% | 1h | 2.9619 | +0.189% | $4.7M | $4.9M | 5x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
MEXC ICP_USDT
KuCoin ICPUSDTM
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
Coinbase International ICP-PERP-INTX
Hyperliquid ICP