Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against MEXC+0.100%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days−0.105%−$10 · spread now +0.100%, 7d avg +0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.092% dearer against MEXC than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 3.0150 | 0.0100 | pay 0.0100% / 8h | 7m 44s | $19.1M | $9.3M | 50x |
| Short | Bitget ICPUSDT | 3.0180 | 0.0100 | get 0.0100% / 8h | 7m 44s | $7.1M | $4.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- Price spread: +0.100% → +0.007%
- $9.21
- Slippage, 4 orders
- −$23.32
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.1
- Costs to cover
- 0.353%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 6 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 MEXC live order book, 1 min ago | 1.66 bp | 4.8 bp −$5 | 12.3 bp −$123 | 79.9 bp −$7,991 | 144.3 bp −$72.2K |
| Sell Bitget live order book, 6 min ago | 1.66 bp | 13.6 bp −$14 | 28.7 bp −$287 | 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 | −0.1294% | 8h | 3.0280 | +0.431% | $1.8M | $762K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0478% | 1h | 3.0182 | +0.106% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0115% | 8h | 3.0101 | −0.164% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDT | −0.0007% | 8h | 3.0150 | 0.000% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0198 | +0.158% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0195 | +0.149% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.609% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0164 | +0.046% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0150 | 0.000% | $187K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0196 | +0.153% | $137K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0130 | −0.066% | $29.8M | $51.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0140 | −0.033% | $17.9M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0140 | −0.033% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 3.0150 | long leg | $19.1M | $9.3M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0160 | +0.033% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDTshort | +0.0100% | 8h | 3.0180 | +0.100% | $7.1M | $4.7M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 3.0140 | −0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0156 | +0.020% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0111 | −0.128% | $580K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0170 | +0.066% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0190 | +0.133% | $108K | $224K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0151 | +0.003% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0172% | 1h | 3.0205 | +0.182% | $536K | $578K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0140 | −0.033% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +1.294% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0274% | 1h | 3.0202 | +0.172% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0200 | +0.165% | $38K | — | 100x | as long as short |
MEXC ICP_USDT
Bitget ICPUSDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
KuCoin ICPUSDTM
BingX ICP-USDT
edgeX ICPUSDC
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
GMX ICP/USD [WBTC.b-USDC]