Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.031%
Price spread now: BloFin against OKX+0.034%63s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.502% of the position
Funding, last 7 days+0.312%+$31 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.034%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 63 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 | OKX ICP-USDT-SWAP | 2.9730 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $5.8M | $13.8M | 50x |
| Short | BloFin ICP-USDT | 2.9740 | 0.0220 | get 0.0220% / 8h | 7h 14m | $1.2M | $2.4M | 75x |
OKX ICP-USDT-SWAP
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: +0.034% → +0.027%
- $0.69
- Slippage, 4 orders
- −$28.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.32
- Costs to cover
- 0.502%
- Break-even
- 13.8 days
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 4 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 OKX live order book, 4 min ago | 1.68 bp | 10.6 bp −$11 | 29.8 bp −$298 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 3.37 bp | 12.4 bp −$12 | 22.0 bp −$220 | 77.5 bp −$7,750 | 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 | −0.0423% | 8h | 2.9670 | −0.202% | $1.8M | $689K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0337% | 1h | 2.9767 | +0.126% | $527K | $621K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0221% | 1h | 2.9731 | +0.003% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0163% | 8h | 2.9701 | −0.099% | $1.1M | $134K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9760 | +0.100% | $69K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9740 | +0.034% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.219% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0059% | 8h | 2.9710 | −0.067% | $17.2M | $17.6M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9753 | +0.077% | $136K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9750 | +0.067% | $281K | $968K | 20x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter 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 | 2.9765 | +0.117% | $134K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9723 | −0.024% | $29.0M | $47.7M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0100% | 8h | 2.9730 | long leg | $5.8M | $13.8M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9720 | −0.034% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9740 | +0.034% | $19.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9740 | +0.034% | $4.9M | $11.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9740 | +0.034% | $7.1M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9740 | +0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9690 | −0.136% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9690 | −0.134% | $571K | $586K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9740 | +0.034% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.034% | $104K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9722 | −0.027% | $23K | $231K | 10x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9740 | +0.034% | $1.2M | $2.4M | 75x | |
| Hyperliquid ICP | +0.0245% | 1h | 2.9786 | +0.188% | $4.6M | $4.5M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9780 | +0.168% | $58K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9729 | −0.004% | $33K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]