Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.021%
Price spread now: dYdX against MEXC−0.187%47s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.187% cheaper against MEXC than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 2.9500 | 0.0100 | pay 0.0100% / 8h | 4h 43m | $19.7M | $10.2M | 50x |
| Short | dYdX ICP-USD | 2.9445 | 0 | get 0.0000% / 1h | 43m 55s | $69K | $3K | 5x |
MEXC ICP_USDT
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.187% → 0.000%
- −$18.75
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$49.75
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; dYdX: no order-book sample. 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 MEXC live order book, 5 min ago | 1.70 bp | 3.0 bp −$3 | 9.4 bp −$94 | 56.2 bp −$5,622 | 145.7 bp −$72.8K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USDshort | 0.0000% | 1h | 2.9445 | −0.187% | $69K | $3K | 5x | |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9510 | +0.034% | $263 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9502 | +0.008% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.559% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0087% | 8h | 2.9410 | −0.307% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9531 | +0.105% | $158K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9517 | +0.057% | $268K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9447 | −0.179% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9504 | +0.012% | $29.0M | $51.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9490 | −0.034% | $17.1M | $18.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9500 | 0.000% | $5.7M | $16.5M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9490 | −0.034% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 2.9500 | long leg | $19.7M | $10.2M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9490 | −0.034% | $4.8M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9510 | +0.034% | $6.9M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9500 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9429 | −0.242% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9442 | −0.196% | $569K | $464K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9480 | −0.068% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9490 | −0.034% | $103K | $175K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9490 | −0.034% | $1.7M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9508 | +0.025% | $22K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9410 | −0.305% | $1.2M | $2.2M | 75x | as long as short |
| Hyperliquid ICP | +0.0320% | 1h | 2.9527 | +0.092% | $4.6M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9710 | +0.712% | $67K | $63K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0503% / S −0.0480% | 1h | 2.9511 | +0.037% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0572% | 1h | 2.9528 | +0.094% | $519K | $624K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD