Funding you earn now, next payment 00:00 UTC+0.1611%/8h= +176.4% APRpaid last 24h +0.251%
Price spread now: dYdX against Phemex+0.431%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.261%+$226 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and dYdX is 0.431% dearer against Phemex than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 3.0390 | −0.1611 | get 0.1611% / 8h | 48m 04s | $1.8M | $766K | 50x |
| Short | dYdX ICP-USD | 3.0521 | 0 | get 0.0000% / 1h | 48m 04s | $71K | $4K | 5x |
Phemex ICPUSDT
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Phemex. 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
- $338.31
- Price spread: +0.431% → 0.000%
- $43.12
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $359.42
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Phemex: 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 Phemex live order book, 5 min ago | 3.31 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDTlong | −0.1611% | 8h | 3.0390 | long leg | $1.8M | $766K | 50x | |
| Deribit ICP_USDC-PERPETUAL | −0.0407% | 1h | 3.0426 | +0.118% | $271 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0150% | 8h | 3.0556 | +0.547% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0034% | 8h | 3.0420 | +0.099% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 3.0521 | +0.431% | $71K | $4K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0444 | +0.179% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.386% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0475 | +0.280% | $160K | $451K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0461 | +0.234% | $217K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0511 | +0.398% | $138K | $11K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0430 | +0.132% | $30.1M | $51.1M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0410 | +0.066% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0420 | +0.099% | $6.2M | $16.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0430 | +0.132% | $19.4M | $9.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0430 | +0.132% | $5.2M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0440 | +0.165% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0430 | +0.132% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0535 | +0.478% | $24K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0587 | +0.648% | $586K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0460 | +0.230% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0440 | +0.165% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0424 | +0.112% | $26K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0154% | 1h | 3.0492 | +0.336% | $4.8M | $5.0M | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0170% | 1h | 3.0442 | +0.172% | $495K | $532K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0520 | +0.428% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0440 | +0.165% | $64K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0548% / S −0.0540% | 1h | 3.0472 | +0.268% | $41K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]