Funding you earn now, next payment 22:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.081%
Price spread now: Extended against GMX−0.041%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
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.041% cheaper against GMX than usual: you would sell low and buy high (−$4 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] | 2.9763 | L +0.0432% / S −0.0367% | pay 0.0054% / 1h | 32m 14s | $31K | — | 100x |
| Short | Extended ICP-USD | 2.9750 | 0.0104 | get 0.0013% / 1h | 32m 14s | $24K | $123K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$68.91
- Price spread: −0.041% → 0.000%
- −$4.11
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$90.02
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 53 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 Extended live order book, 53 min ago | 3.54 bp | 12.2 bp −$12 | 77.9 bp −$779 | 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 | −0.1311% | 8h | 2.9640 | −0.412% | $1.7M | $781K | 50x | as long as short |
| Variational Omni ICP | −0.0263% | 8h | 2.9734 | −0.096% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.328% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0187% | 1h | 2.9763 | +0.001% | $265 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0115% | 8h | 2.9730 | −0.110% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0016% | 8h | 2.9740 | −0.076% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9755 | −0.026% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9763 | +0.002% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9789 | +0.089% | $166K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9765 | +0.008% | $187K | $1.5M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9750 | −0.043% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9760 | −0.009% | $28.9M | $48.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9740 | −0.076% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9750 | −0.042% | $19.5M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | −0.042% | $5.2M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9750 | −0.042% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.076% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9767 | +0.013% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9778 | +0.052% | $571K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.110% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.143% | $106K | $218K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9750 | −0.041% | $24K | $123K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9782 | +0.066% | $495K | $510K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9720 | −0.143% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9760 | −0.009% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0432% / S −0.0367% | 1h | 2.9763 | long leg | $31K | — | 100x | |
| Hyperliquid ICP | +0.0928% | 1h | 2.9808 | +0.152% | $4.7M | $5.0M | 5x | as long as short |
GMX ICP/USD [WBTC.b-USDC]
Extended ICP-USD
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP