Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.017%
Price spread now: Extended against GRVT+0.205%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−0.633%−$63 · spread now +0.205%, 7d avg +0.008%
=Together, before fees−0.659%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.197% dearer against GRVT than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ICP_USDT_Perp | 2.9663 | 0.0100 | pay 0.0100% / 8h | 2h 45m | $568K | $491K | 10x |
| Short | Extended ICP-USD | 2.9724 | 0.0104 | get 0.0013% / 1h | 45m 24s | $24K | $123K | 10x |
GRVT ICP_USDT_Perp
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GRVT. 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
- $0.84
- Price spread: +0.205% → +0.008%
- $19.68
- Slippage, 4 orders
- −$46.57
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$40.04
- Costs to cover
- 0.606%
- Break-even
- 340.7 days
Slippage from GRVT: live order book, 42 min ago; Extended: live order book, 40 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 GRVT live order book, 42 min ago | 3.37 bp | 20.4 bp −$20 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell Extended live order book, 40 min ago | 3.54 bp | 12.2 bp −$12 | 77.9 bp −$779 | 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 | −0.1280% | 8h | 2.9670 | +0.024% | $1.7M | $781K | 50x | as long as short |
| Variational Omni ICP | −0.0275% | 8h | 2.9655 | −0.026% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | +0.007% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0187% | 1h | 2.9735 | +0.243% | $265 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0125% | 8h | 2.9700 | +0.125% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0055% | 8h | 2.9720 | +0.192% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9725 | +0.210% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9737 | +0.251% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9763 | +0.337% | $166K | $442K | 5x | as long as short |
| OKX ICP-USDT-SWAP | +0.0097% | 8h | 2.9730 | +0.226% | $5.8M | $15.6M | 50x | 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
Lighter ICP
OKX ICP-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9730 | +0.226% | $189K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9738 | +0.252% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9730 | +0.226% | $28.9M | $48.6M | 75x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9730 | +0.226% | $19.6M | $8.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9730 | +0.226% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9730 | +0.226% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.192% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9672 | +0.032% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perplong | +0.0100% | 8h | 2.9663 | long leg | $568K | $491K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.192% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.212% | $105K | $220K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9724 | +0.205% | $24K | $123K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9750 | +0.294% | $495K | $509K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9650 | −0.044% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9760 | +0.327% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9740 | +0.259% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0880% | 1h | 2.9799 | +0.458% | $4.8M | $4.9M | 5x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP