Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Binance+0.001%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$590.590% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.001%, 7d avg −0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9500 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $28.6M | $48.1M | 75x |
| Short | Gate ICP_USDT | 2.9500 | 0.0100 | get 0.0100% / 8h | 6h 19m | $1.9M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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: +0.001% → −0.007%
- $0.82
- Slippage, 4 orders
- −$34.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$58.22
- Costs to cover
- 0.590%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 2 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 Binance live order book, 16 min ago | 1.70 bp | 8.2 bp −$8 | 19.6 bp −$196 | 283.1 bp −$28.3K | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.70 bp | 20.2 bp −$20 | 69.3 bp −$693 | 154.2 bp −$15.4K | doesn't fit |
ICP on 27 exchanges
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 ICPUSDT | −0.0184% | 8h | 2.9440 | −0.202% | $1.7M | $697K | 50x | as long as short |
| Variational Omni ICP | −0.0153% | 8h | 2.9459 | −0.138% | $1.0M | $157K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0021% | 1h | 2.9510 | +0.035% | $192 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9500 | +0.001% | $68K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9517 | +0.058% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.560% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9510 | +0.035% | $136K | $471K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9520 | +0.069% | $249K | $974K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9536 | +0.124% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9500 | long leg | $28.6M | $48.1M | 75x |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9480 | −0.067% | $17.1M | $17.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9500 | +0.001% | $5.8M | $13.2M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9500 | +0.001% | $1.9M | $2.7M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9500 | +0.001% | $18.5M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9510 | +0.035% | $4.9M | $11.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9510 | +0.035% | $7.0M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9500 | +0.001% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9488 | −0.039% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9479 | −0.071% | $571K | $593K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9500 | +0.001% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9400 | −0.338% | $103K | $124K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9492 | −0.024% | $22K | $242K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9520 | +0.069% | $1.2M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0353% | 1h | 2.9535 | +0.121% | $513K | $596K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0448% | 1h | 2.9570 | +0.238% | $58K | $63K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0454% / S −0.0403% | 1h | 2.9517 | +0.058% | $33K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0548% | 1h | 2.9547 | +0.160% | $4.6M | $4.5M | 5x | as long as short |
Binance ICPUSDT
Gate ICP_USDT
Phemex ICPUSDT
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP