Funding you earn now, next payment 04:00 UTC+0.0267%/8h= +29.3% APRpaid last 24h +0.068%
Price spread now: GMX against SunX+0.092%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 +$8 a day on $10k at the current rate, and GMX is 0.092% dearer against SunX than usual: you sell high and buy low: +$9 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 | SunX ICP-USDT | 2.9680 | 0.0100 | pay 0.0100% / 8h | 4h 01m | $1K | $1.6M | 20x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9707 | L +0.0435% / S −0.0367% | get 0.0046% / 1h | 1m 01s | $31K | — | 100x |
SunX ICP-USDT
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $56.12
- Price spread: +0.092% → 0.000%
- $9.23
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $45.36
- Costs to cover
- 0.200%
- Break-even
- 1.3 days
Slippage unknown: SunX: live order book, 4 min ago; GMX: 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 SunX live order book, 4 min ago | 48.98 bp | 74.1 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0288% | 1h | 2.9697 | +0.057% | $265 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0042% | 8h | 2.9680 | 0.000% | $1.8M | $791K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9719 | +0.133% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9712 | +0.107% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.051% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0084% | 8h | 2.9700 | +0.067% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9735 | +0.185% | $158K | $487K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9739 | +0.199% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9720 | +0.135% | $264K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9712 | +0.107% | $135K | $10K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
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 | 2.9694 | +0.046% | $29.2M | $50.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9690 | +0.034% | $17.2M | $18.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9710 | +0.101% | $5.7M | $15.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9700 | +0.067% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9700 | +0.067% | $19.7M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9710 | +0.101% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9720 | +0.135% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9710 | +0.101% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9658 | −0.074% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9667 | −0.043% | $570K | $458K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9680 | long leg | $1K | $1.6M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9640 | −0.135% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9691 | +0.038% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9710 | +0.101% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9750 | +0.236% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0435% / S −0.0367% | 1h | 2.9707 | +0.092% | $31K | — | 100x | |
| Kraken Futures PF_ICPUSD | +0.0567% | 1h | 2.9740 | +0.202% | $534K | $617K | 50x | as long as short |
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
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Kraken Futures PF_ICPUSD