Funding you earn now, next payment 00:00 UTC−0.1386%/8h= −151.8% APRnext payment −$13.86 per $10,000 · paid last 24h −0.281%
Price spread now: Phemex against SunX−0.601%7-day average −0.127% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.473%−$247 on $10k
+Price spread, last 3 days (all we have)+0.367%+$37 · spread now −0.601%, 7d avg −0.127%
=Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Phemex is 0.474% cheaper against SunX than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of −0.127%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9970 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $1K | $1.7M | 20x |
| Short | Phemex ICPUSDT | 2.9790 | −0.1286 | pay 0.1286% / 8h | 1h 37m | $1.7M | $776K | 50x |
SunX ICP-USDT
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$291.13
- Price spread: −0.601% → −0.127%
- −$47.36
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$358.49
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Phemex: live order book, 6 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 SunX live order book, 8 min ago | 48.55 bp | 73.5 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 3.37 bp | doesn't fit | 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 ICPUSDTshort | −0.1286% | 8h | 2.9790 | −0.601% | $1.7M | $776K | 50x | |
| Variational Omni ICP | −0.0193% | 8h | 2.9912 | −0.195% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.018% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0096% | 8h | 2.9960 | −0.033% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9966 | −0.014% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9975 | +0.017% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9975 | +0.015% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0082% | 8h | 2.9960 | −0.033% | $17.4M | $17.8M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0007 | +0.123% | $167K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0006 | +0.121% | $186K | $1.4M | 20x | as long as short |
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter 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 | 2.9983 | +0.043% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9980 | +0.033% | $29.8M | $49.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9960 | −0.033% | $5.9M | $15.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9980 | +0.033% | $18.9M | $8.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9980 | +0.033% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9980 | +0.033% | $6.9M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9970 | 0.000% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9938 | −0.108% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9928 | −0.139% | $572K | $469K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9970 | long leg | $1K | $1.7M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.133% | $107K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9974 | +0.013% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9910 | −0.200% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9990 | +0.067% | $491K | $522K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9970 | 0.000% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0504% / S −0.0480% | 1h | 2.9968 | −0.005% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0677% | 1h | 3.0035 | +0.217% | $4.8M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP