Funding you earn now, next payment 07:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.019%
Price spread now: gTrade (Gains Network) against MEXC+0.045%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.045% dearer against MEXC than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 2.9320 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $18.7M | $9.9M | 50x |
| Short | gTrade (Gains Network) ICP/USD | 2.9333 | L +0.0006% / S −0.0002% | get 0.0000% / 1h | 32m 11s | $10K | — | 150x |
MEXC ICP_USDT
gTrade (Gains Network) ICP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.68
- Price spread: +0.045% → 0.000%
- $4.5
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$26.18
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; gTrade (Gains Network): 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, 1 min ago | 1.70 bp | 2.8 bp −$3 | 9.6 bp −$96 | 49.7 bp −$4,974 | 120.1 bp −$60.0K |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0315% | 1h | 2.9357 | +0.126% | $520K | $663K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0193% | 1h | 2.9324 | +0.014% | $191 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0067% | 8h | 2.9370 | +0.171% | $1.8M | $677K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9356 | +0.124% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0002% | 1h | 2.9333 | +0.045% | $10K | — | 150x | |
| Variational Omni ICP | +0.0010% | 8h | 2.9280 | −0.137% | $1.0M | $133K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.177% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9339 | +0.065% | $138K | $495K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9372 | +0.176% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9340 | +0.068% | $260K | $1.1M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9363 | +0.145% | $132K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9321 | +0.005% | $28.7M | $48.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9310 | −0.034% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9320 | 0.000% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9330 | +0.034% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 2.9320 | long leg | $18.7M | $9.9M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9330 | +0.034% | $4.8M | $12.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9350 | +0.102% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9320 | 0.000% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9363 | +0.146% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9368 | +0.162% | $561K | $537K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9310 | −0.034% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9300 | −0.068% | $102K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9323 | +0.010% | $22K | $117K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9310 | −0.034% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9490 | +0.580% | $57K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0410% / S −0.0331% | 1h | 2.9331 | +0.037% | $28K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
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
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]