Funding you earn now, next payment 05:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h −0.069%
Price spread now: BloFin against GMX−0.079%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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.079% cheaper against GMX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 2.9663 | L +0.0434% / S −0.0367% | pay 0.0054% / 1h | 55m 10s | $31K | — | 100x |
| Short | BloFin ICP-USDT | 2.9640 | 0.0220 | get 0.0220% / 8h | 3h 55m | $1.3M | $2.2M | 75x |
GMX ICP/USD [WBTC.b-USDC]
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$44.88
- Price spread: −0.079% → 0.000%
- −$7.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.73
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 3.37 bp | 12.6 bp −$13 | 22.6 bp −$226 | 78.2 bp −$7,822 | 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 | −0.0079% | 8h | 2.9630 | −0.112% | $1.8M | $791K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9712 | +0.163% | $533K | $610K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9622 | −0.138% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9668 | +0.016% | $264 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9662 | −0.004% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.006% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0083% | 8h | 2.9590 | −0.248% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9695 | +0.107% | $154K | $477K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9709 | +0.154% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9660 | −0.011% | $264K | $1.6M | 20x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9626 | −0.124% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9682 | +0.062% | $29.2M | $50.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9670 | +0.023% | $17.1M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9680 | +0.056% | $5.7M | $15.7M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9650 | −0.045% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9680 | +0.056% | $19.7M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9680 | +0.056% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9680 | +0.056% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9670 | +0.023% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9600 | −0.214% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9596 | −0.225% | $567K | $470K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9670 | +0.023% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9630 | −0.112% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9656 | −0.025% | $22K | $132K | 10x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9640 | −0.079% | $1.3M | $2.2M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9750 | +0.292% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0434% / S −0.0367% | 1h | 2.9663 | long leg | $31K | — | 100x |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
Coinbase International ICP-PERP-INTX