Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.232%
Price spread now: OKX against Phemex+0.034%7-day average +0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.309%+$231 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now +0.034%, 7d avg +0.116%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.082% cheaper against Phemex than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.116%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 2.9530 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $1.8M | $686K | 50x |
| Short | OKX ICP-USDT-SWAP | 2.9540 | 0.0100 | get 0.0100% / 8h | 7h 50m | $5.7M | $14.2M | 50x |
Phemex ICPUSDT
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.034% → +0.116%
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$30.22
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 1.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.69 bp | 8.9 bp −$9 | 31.8 bp −$318 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0339% | 1h | 2.9608 | +0.265% | $524K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0151% | 8h | 2.9540 | +0.034% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0088% | 1h | 2.9566 | +0.122% | $192 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9560 | +0.101% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9575 | +0.152% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.457% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9577 | +0.159% | $138K | $485K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9601 | +0.240% | $4.5M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9593 | +0.214% | $277K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9578 | +0.164% | $133K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid 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 | 2.9564 | +0.114% | $28.8M | $47.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9540 | +0.034% | $17.1M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9540 | +0.034% | $5.7M | $14.2M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9560 | +0.102% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9560 | +0.102% | $19.4M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9570 | +0.135% | $4.9M | $11.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9570 | +0.135% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9560 | +0.102% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9548 | +0.062% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9559 | +0.099% | $574K | $577K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9560 | +0.102% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9550 | +0.068% | $103K | $114K | 20x | as long as short |
| Phemex ICPUSDTlong | +0.0100% | 8h | 2.9530 | long leg | $1.8M | $686K | 50x | |
| Extended ICP-USD | +0.0104% | 1h | 2.9562 | +0.108% | $26K | $235K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9620 | +0.305% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.745% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0491% / S −0.0459% | 1h | 2.9569 | +0.131% | $36K | — | 100x | as long as short |
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]