Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.032%
Price spread now: HTX against Injective+1.500%7-day average −0.838% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 3 days (all we have)−1.791%−$179 · spread now +1.500%, 7d avg −0.838%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 2.338% dearer against Injective than usual: you sell high and buy low: +$234 more if the spread goes back to its 7-day average of −0.838%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ICP/USDC PERP | 2.9665 | 0.0033 | pay 0.0004% / 1h | 22m 43s | $202 | $200K | 12x |
| Short | HTX ICP-USDT | 3.0110 | 0.0100 | get 0.0100% / 8h | 6h 22m | $105K | $239K | 20x |
Injective ICP/USDC PERP
HTX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Injective. 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
- $14
- Price spread: +1.500% → −0.838%
- $233.79
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $235.77
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; HTX: live order book, 44 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 Injective no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 44 min ago | 44.46 bp | 53.7 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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 26 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 | −0.0281% | 1h | 3.0135 | +1.584% | $269 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0177 | +1.727% | $70K | $4K | 5x | as long as short |
| Variational Omni ICP | +0.0002% | 8h | 3.0160 | +1.669% | $1.1M | $118K | — | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0142 | +1.609% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERPlong | +0.0033% | 1h | 2.9665 | long leg | $202 | $200K | 12x | |
| Lighter ICP | +0.0096% | 1h | 3.0208 | +1.830% | $165K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0154 | +1.648% | $281K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0152 | +1.642% | $137K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0181 | +1.738% | $29.8M | $53.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0180 | +1.736% | $17.7M | $19.0M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0170 | +1.702% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0190 | +1.770% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0180 | +1.736% | $19.5M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0160 | +1.669% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0200 | +1.803% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0170 | +1.702% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0111 | +1.504% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0171 | +1.707% | $585K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0140 | +1.601% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDTshort | +0.0100% | 8h | 3.0110 | +1.500% | $105K | $239K | 20x | |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0070 | +1.365% | $1.8M | $793K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0168 | +1.696% | $22K | $131K | 10x | as long as short |
| Hyperliquid ICP | +0.0242% | 1h | 3.0217 | +1.861% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0180 | +1.736% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0136 | +1.589% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0890% | 1h | 3.0173 | +1.714% | $547K | $611K | 50x | as long as short |
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
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD