Funding you earn now, next payment 08:00 UTC−0.0153%/8h= −16.8% APRnext payment −$1.53 per $10,000 · paid last 24h −0.276%
Price spread now: Phemex against HTX−0.067%7-day average −0.089% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.478%−$248 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.067%, 7d avg −0.089%
=The price spread pays, funding is against you. Phemex is 0.022% dearer against HTX than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.089%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−2.478% in total) that is about 1 hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ICP-USDT | 2.9660 | 0.0100 | pay 0.0100% / 8h | 3h 59m | $104K | $117K | 20x |
| Short | Phemex ICPUSDT | 2.9640 | −0.0053 | pay 0.0053% / 8h | 3h 59m | $1.8M | $791K | 50x |
HTX ICP-USDT
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. 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
- −$32.22
- Price spread: −0.067% → −0.089%
- $2.2
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$54.02
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 57 min ago; Phemex: 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 HTX live order book, 57 min ago | 15.19 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.69 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0322% | 1h | 2.9700 | +0.135% | $265 | $439 | 50x | as long as short |
| Phemex ICPUSDTshort | −0.0053% | 8h | 2.9640 | −0.067% | $1.8M | $791K | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9654 | −0.020% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9712 | +0.177% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.017% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0084% | 8h | 2.9700 | +0.134% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9697 | +0.125% | $158K | $473K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9696 | +0.120% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9681 | +0.071% | $264K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9663 | +0.011% | $134K | $10K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid 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 | 2.9655 | −0.017% | $29.1M | $50.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9650 | −0.034% | $17.2M | $18.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9660 | 0.000% | $5.7M | $15.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9660 | 0.000% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9660 | 0.000% | $19.7M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9680 | +0.067% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9670 | +0.034% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9658 | −0.007% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9667 | +0.024% | $570K | $458K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9700 | +0.135% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDTlong | +0.0100% | 8h | 2.9660 | long leg | $104K | $117K | 20x | |
| Extended ICP-USD | +0.0104% | 1h | 2.9651 | −0.029% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9710 | +0.169% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9750 | +0.303% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9715 | +0.184% | $31K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0568% | 1h | 2.9719 | +0.200% | $533K | $617K | 50x | as long as short |
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
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD