Funding you earn now, next payment 00:00 UTC−0.0407%/8h= −44.6% APRpaid last 24h −0.078%
Price spread now: edgeX against GMX−0.351%70s7-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
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and edgeX is 0.351% cheaper against GMX than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 70 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 | GMX ICP/USD [WBTC.b-USDC] | 3.0229 | L +0.0507% / S −0.0480% | pay 0.0063% / 1h | 2m 07s | $38K | — | 100x |
| Short | edgeX ICPUSDC | 3.0123 | 0.0100 | get 0.0050% / 4h | 2m 07s | $23K | $278K | 10x |
GMX ICP/USD [WBTC.b-USDC]
edgeX ICPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$85.54
- Price spread: −0.351% → 0.000%
- −$35.05
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$141.59
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 11 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 edgeX live order book, 11 min ago | 8.29 bp | 12.8 bp −$13 | 26.1 bp −$261 | 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 | −0.1250% | 8h | 3.0300 | +0.235% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0213% | 1h | 3.0245 | +0.053% | $270 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0108% | 8h | 3.0111 | −0.391% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDT | −0.0004% | 8h | 3.0250 | +0.069% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0264 | +0.115% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0234 | +0.018% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.866% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0273 | +0.145% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0262 | +0.108% | $182K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0222 | −0.024% | $137K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
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 | 3.0267 | +0.125% | $29.9M | $51.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0250 | +0.069% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0250 | +0.069% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0250 | +0.069% | $19.1M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0230 | +0.003% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0270 | +0.136% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0250 | +0.069% | — | $5.2M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 3.0123 | −0.351% | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0211 | −0.058% | $582K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0210 | −0.063% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0200 | −0.096% | $108K | $228K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0214 | −0.049% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0298 | +0.228% | $553K | $594K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0110 | −0.394% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.029% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0283% | 1h | 3.0299 | +0.231% | $4.7M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0507% / S −0.0480% | 1h | 3.0229 | long leg | $38K | — | 100x |
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