Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against SunX0.000%55s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 3 days (all we have)−0.063%−$6 · spread now 0.000%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.023% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.023%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 3.0680 | 0.0100 | pay 0.0100% / 8h | 7h 13m | $2K | $1.8M | 20x |
| Short | BloFin ICP-USDT | 3.0680 | 0.0220 | get 0.0220% / 8h | 7h 13m | $1.3M | $2.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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
- $25.2
- Price spread: 0.000% → +0.023%
- −$2.3
- Slippage, 4 orders
- −$147.78
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$144.88
- Costs to cover
- 1.678%
- Break-even
- 47.2 days
Slippage from SunX: live order book, 12 min ago; BloFin: live order book, 4 min ago.
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 SunX live order book, 12 min ago | 47.53 bp | 69.8 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.64 bp | 16.9 bp −$17 | 21.8 bp −$218 | 80.4 bp −$8,041 | 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 | −0.0174% | 1h | 3.0673 | −0.023% | $273 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0120% | 1h | 3.0723 | +0.139% | $560K | $598K | 50x | as long as short |
| Variational Omni ICP | −0.0052% | 8h | 3.0520 | −0.521% | $1.1M | $113K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0690 | +0.034% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0683 | +0.010% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −3.308% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0731 | +0.166% | $172K | $484K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0720 | +0.130% | $339K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0701 | +0.068% | $139K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0684 | +0.013% | $30.7M | $52.7M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 3.0670 | −0.033% | $18.2M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0670 | −0.033% | $6.2M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0690 | +0.033% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0680 | 0.000% | $19.9M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0670 | −0.033% | $5.2M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0700 | +0.065% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0680 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0650 | −0.097% | $24K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0655 | −0.080% | $582K | $467K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 3.0680 | long leg | $2K | $1.8M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 3.0620 | −0.196% | $107K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0700 | +0.065% | $1.8M | $777K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0683 | +0.010% | $23K | $129K | 10x | as long as short |
| Hyperliquid ICP | +0.0175% | 1h | 3.0737 | +0.186% | $4.8M | $4.9M | 5x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 3.0680 | 0.000% | $1.3M | $2.3M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0690 | +0.033% | $64K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0513% / S −0.0480% | 1h | 3.0682 | +0.005% | $38K | — | 100x | as long as short |
SunX ICP-USDT
BloFin ICP-USDT
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]