Funding you earn now, next payment 16:00 UTC−0.0256%/8h= −28.1% APRnext payment −$2.56 per $10,000 · paid last 24h −0.082%
Price spread now: Variational Omni against MEXC−0.040%7-day average −0.072% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.197%−$20 on $10k
+Price spread, last 4 days (all we have)+0.419%+$42 · spread now −0.040%, 7d avg −0.072%
=Together, before fees+0.221%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.032% dearer against MEXC than usual: you sell high and buy low (spread −0.040% now, against its 7-day average of −0.072%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 2.9460 | 0.0100 | pay 0.0100% / 8h | 5h 57m | $18.3M | $9.3M | 50x |
| Short | Variational Omni ICP | 2.9448 | −0.0156 | pay 0.0156% / 8h | 5h 57m | $1.1M | $164K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$53.84
- Price spread: −0.040% → −0.072%
- $3.18
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$50.67
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 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 MEXC live order book, 4 min ago | 1.70 bp | 1.7 bp −$2 | 8.1 bp −$81 | 49.1 bp −$4,906 | 128.5 bp −$64.3K |
| Sell Variational Omni RFQ quote, 4 min ago | 4.41 bp | doesn't fit | 15.9 bp −$159 | doesn't fit | doesn't fit |
ICP on 27 exchanges
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 | −0.0376% | 8h | 2.9430 | −0.102% | $1.7M | $703K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0191% | 1h | 2.9465 | +0.017% | $192 | $439 | 50x | as long as short |
| Variational Omni ICPshort | −0.0156% | 8h | 2.9448 | −0.040% | $1.1M | $164K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9503 | +0.146% | $68K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9480 | +0.070% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.696% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9477 | +0.058% | $135K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9489 | +0.099% | $248K | $909K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9510 | +0.170% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9470 | +0.034% | $28.5M | $47.3M | 75x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9460 | 0.000% | $17.1M | $17.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9440 | −0.068% | $5.8M | $12.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9460 | 0.000% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 2.9460 | long leg | $18.3M | $9.3M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9470 | +0.034% | $4.9M | $10.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9480 | +0.068% | $7.0M | $4.3M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9460 | 0.000% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9453 | −0.024% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9508 | +0.164% | $561K | $598K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9450 | −0.034% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9460 | 0.000% | $103K | $124K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9454 | −0.022% | $23K | $243K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0187% | 1h | 2.9495 | +0.118% | $512K | $591K | 50x | as long as short |
| Hyperliquid ICP | +0.0212% | 1h | 2.9514 | +0.184% | $4.6M | $4.3M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9490 | +0.102% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0424% | 1h | 2.9570 | +0.373% | $58K | $63K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0425% / S −0.0357% | 1h | 2.9504 | +0.149% | $30K | — | 100x | as long as short |
MEXC ICP_USDT
Variational Omni ICP
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
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
Kraken Futures PF_ICPUSD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]