Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.075%
Price spread now: MEXC against Variational Omni−0.184%7-day average +0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now −0.184%, 7d avg +0.073%
=Together, before fees−0.022%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.258% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of +0.073%). If the spread goes back, that is −$26 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.172% in total) that is about 5.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9705 | 0.0091 | pay 0.0091% / 8h | 4h 28m | $1.1M | $116K | — |
| Short | MEXC ICP_USDT | 2.9650 | 0.0100 | get 0.0100% / 8h | 4h 28m | $19.8M | $10.2M | 50x |
Variational Omni ICP
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- $1.92
- Price spread: −0.184% → +0.073%
- −$25.77
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$23.85
- Costs to cover
- 0.000%
- Break-even
- 93.9 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; MEXC: live order book, 1 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 Variational Omni RFQ quote, 1 min ago | 4.41 bp | doesn't fit | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.69 bp | 4.7 bp −$5 | 12.0 bp −$120 | 67.7 bp −$6,768 | 139.7 bp −$69.9K |
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 | −0.0121% | 1h | 2.9631 | −0.248% | $264 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9689 | −0.053% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9653 | −0.175% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.134% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0086% | 8h | 2.9610 | −0.319% | $1.8M | $791K | 50x | as long as short |
| Variational Omni ICPlong | +0.0091% | 8h | 2.9705 | long leg | $1.1M | $116K | — | |
| Lighter ICP | +0.0096% | 1h | 2.9664 | −0.137% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9668 | −0.123% | $270K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9668 | −0.124% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9650 | −0.184% | $29.1M | $50.9M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9630 | −0.252% | $17.2M | $18.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | −0.184% | $5.7M | $16.3M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9640 | −0.218% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9650 | −0.184% | $19.8M | $10.2M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9630 | −0.252% | $4.8M | $12.7M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9660 | −0.151% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9650 | −0.184% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9719 | +0.048% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9714 | +0.029% | $566K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9650 | −0.184% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.353% | $104K | $156K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9642 | −0.212% | $23K | $130K | 10x | as long as short |
| Hyperliquid ICP | +0.0200% | 1h | 2.9675 | −0.100% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9750 | +0.152% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.388% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0535% / S −0.0528% | 1h | 2.9656 | −0.165% | $39K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0569% | 1h | 2.9664 | −0.138% | $521K | $605K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD