Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against BingX−0.033%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.033%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.042% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ICP-USDT | 2.9910 | 0.0100 | pay 0.0100% / 8h | 5h 31m | — | $6.0M | — |
| Short | Gate ICP_USDT | 2.9900 | 0.0100 | get 0.0100% / 8h | 5h 31m | $1.9M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.033% → +0.009%
- −$4.22
- Slippage, 4 orders
- −$36.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.01
- Costs to cover
- 0.618%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 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 BingX live order book, 4 min ago | 3.35 bp | 11.1 bp −$11 | 16.3 bp −$163 | 48.2 bp −$4,817 | 478.8 bp −$239.4K |
| Sell Gate live order book, 2 min ago | 1.67 bp | 20.9 bp −$21 | 65.4 bp −$654 | 150.5 bp −$15.0K | 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 | −0.0017% | 1h | 2.9908 | −0.007% | $267 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9914 | +0.013% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9911 | +0.004% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.819% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0060% | 8h | 2.9799 | −0.370% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9941 | +0.104% | $162K | $483K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9943 | +0.110% | $4.6M | $5.0M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9918 | +0.027% | $275K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9903 | −0.023% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9920 | +0.033% | $29.4M | $53.5M | 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 | 2.9920 | +0.033% | $17.5M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9920 | +0.033% | $5.8M | $17.0M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9900 | −0.033% | $1.9M | $3.1M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9920 | +0.033% | $19.7M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9910 | 0.000% | $4.9M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9930 | +0.067% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDTlong | +0.0100% | 8h | 2.9910 | long leg | — | $6.0M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9877 | −0.111% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9912 | +0.008% | $568K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9900 | −0.033% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9910 | 0.000% | $105K | $181K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9890 | −0.067% | $1.8M | $793K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9906 | −0.013% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9930 | +0.067% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0293% | 1h | 2.9943 | +0.111% | $527K | $641K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9940 | +0.100% | $67K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 2.9908 | −0.008% | $37K | — | 100x | as long as short |
BingX ICP-USDT
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]