Funding you earn now, next payment 00:00 UTC+0.1550%/8h= +169.7% APRnext payment +$15.50 per $10,000 · paid last 24h +0.281%
Price spread now: HTX against Phemex+0.302%7-day average +0.099% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.447%+$245 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.302%, 7d avg +0.099%
=Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and HTX is 0.203% dearer against Phemex than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 2.9840 | −0.1450 | get 0.1450% / 8h | 1h 20m | $1.7M | $773K | 50x |
| Short | HTX ICP-USDT | 2.9930 | 0.0100 | get 0.0100% / 8h | 1h 20m | $106K | $219K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $325.52
- Price spread: +0.302% → +0.099%
- $20.27
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $321.8
- Costs to cover
- 0.240%
- Break-even
- 0.1 days
Slippage unknown: Phemex: live order book, 2 min ago; HTX: live order book, 61 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, 2 min ago | 3.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 61 min ago | 20.12 bp | 64.4 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDTlong | −0.1450% | 8h | 2.9840 | long leg | $1.7M | $773K | 50x | |
| Variational Omni ICP | −0.0177% | 8h | 2.9941 | +0.339% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.586% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0064% | 8h | 3.0000 | +0.536% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9997 | +0.526% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0013 | +0.580% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0004 | +0.551% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0035 | +0.653% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0035 | +0.655% | $203K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0021 | +0.605% | $136K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0009 | +0.567% | $29.6M | $50.2M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9980 | +0.469% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0000 | +0.536% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0000 | +0.536% | $19.2M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0000 | +0.536% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0010 | +0.570% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0000 | +0.536% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9962 | +0.409% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9989 | +0.499% | $574K | $480K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0010 | +0.570% | $838 | $1.8M | 20x | as long as short |
| HTX ICP-USDTshort | +0.0100% | 8h | 2.9930 | +0.302% | $106K | $219K | 20x | |
| Extended ICP-USD | +0.0104% | 1h | 3.0004 | +0.550% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0000 | +0.536% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 3.0036 | +0.657% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.637% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 3.0003 | +0.546% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0673% | 1h | 3.0067 | +0.761% | $4.8M | $5.0M | 5x | as long as short |
Phemex ICPUSDT
HTX ICP-USDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICP
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
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP