Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.276%
Price spread now: edgeX against Phemex−0.177%7-day average +0.080% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.504%+$250 on $10k
+Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.177%, 7d avg +0.080%
=Together, before fees+2.831%+ Points / potential airdropedgeX: Active · farm board+$283 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.258% cheaper against Phemex than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of +0.080%). If the spread goes back, that is −$26 on $10k: about 45 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+2.504% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 2.9310 | 0.0081 | pay 0.0081% / 8h | 2h 17m | $1.7M | $668K | 50x |
| Short | edgeX ICPUSDC | 2.9258 | 0.0100 | get 0.0050% / 4h | 2h 17m | $23K | $279K | 10x |
Phemex ICPUSDT
edgeX ICPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $4.05
- Price spread: −0.177% → +0.080%
- −$25.78
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$42.73
- Costs to cover
- 0.210%
- Break-even
- 80.9 days
Slippage unknown: Phemex: live order book, 1 min ago; edgeX: live order book, 31 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 Phemex live order book, 1 min ago | 1.71 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 min ago | 6.84 bp | 11.5 bp −$12 | 26.5 bp −$265 | 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 | −0.0091% | 1h | 2.9352 | +0.143% | $191 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9378 | +0.231% | $521K | $688K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9369 | +0.202% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9363 | +0.180% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.211% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0053% | 8h | 2.9230 | −0.273% | $1.0M | $133K | — | as long as short |
| Phemex ICPUSDTlong | +0.0081% | 8h | 2.9310 | long leg | $1.7M | $668K | 50x | |
| Lighter ICP | +0.0096% | 1h | 2.9354 | +0.150% | $141K | $494K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9387 | +0.263% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9363 | +0.181% | $262K | $1.3M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
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 | 2.9365 | +0.188% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9335 | +0.084% | $28.7M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9310 | 0.000% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9320 | +0.034% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9340 | +0.102% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9350 | +0.136% | $18.4M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9350 | +0.136% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9350 | +0.136% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9350 | +0.136% | — | $5.8M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 2.9258 | −0.177% | $23K | $279K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9290 | −0.069% | $565K | $505K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9340 | +0.102% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.171% | $103K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9314 | +0.015% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9280 | −0.102% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9380 | +0.239% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9354 | +0.149% | $30K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
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]