Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.071%
Price spread now: Variational Omni against OKX+0.340%7-day average −0.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.340%, 7d avg −0.040%
=Together, before fees−0.265%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.380% dearer against OKX than usual: you sell high and buy low (spread +0.340% now, against its 7-day average of −0.040%): +$38 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days. At the pace of the last 4 days (−0.158% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ICP-USDT-SWAP | 2.9350 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $5.6M | $14.9M | 50x |
| Short | Variational Omni ICP | 2.9450 | 0.0074 | get 0.0074% / 8h | 3h 12m | $1.0M | $134K | — |
OKX ICP-USDT-SWAP
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$5.43
- Price spread: +0.340% → −0.040%
- $38
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $22.57
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 OKX live order book, 1 min ago | 1.70 bp | 11.1 bp −$11 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.41 bp | doesn't fit | 28.2 bp −$282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0159% | 1h | 2.9355 | +0.017% | $191 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9385 | +0.120% | $523K | $585K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9429 | +0.270% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9372 | +0.075% | $10K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0011% | 8h | 2.9340 | −0.034% | $1.7M | $786K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.073% | $202 | $200K | 12x | as long as short |
| Variational Omni ICPshort | +0.0074% | 8h | 2.9450 | +0.340% | $1.0M | $134K | — | |
| Lighter ICP | +0.0096% | 1h | 2.9367 | +0.058% | $142K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9401 | +0.174% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9369 | +0.065% | $264K | $1.5M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
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 | 2.9413 | +0.213% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9350 | 0.000% | $28.7M | $48.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9330 | −0.068% | $17.0M | $17.3M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0100% | 8h | 2.9350 | long leg | $5.6M | $14.9M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9360 | +0.034% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9340 | −0.034% | $18.5M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9380 | +0.102% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9370 | +0.068% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9458 | +0.367% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9444 | +0.321% | $566K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.034% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9400 | +0.170% | $103K | $116K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9351 | +0.005% | $22K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9410 | +0.204% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9530 | +0.613% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9362 | +0.040% | $30K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit 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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]