Funding you earn now, next payment 22:00 UTC+0.0267%/8h= +29.3% APRpaid last 24h +0.051%
Price spread now: GMX against Bitget+0.055%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 0.055% dearer against Bitget than usual: you sell high and buy low: +$6 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 | Bitget ICPUSDT | 2.9740 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $6.8M | $4.5M | 50x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9756 | L +0.0432% / S −0.0367% | get 0.0046% / 1h | 7m 41s | $31K | — | 100x |
Bitget ICPUSDT
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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: +0.055% → 0.000%
- $5.51
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $37.63
- Costs to cover
- 0.240%
- Break-even
- 2.3 days
Slippage unknown: Bitget: live order book, 11 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 Bitget live order book, 11 min ago | 3.36 bp | 16.1 bp −$16 | 41.3 bp −$413 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1325% | 8h | 2.9620 | −0.403% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0489% | 1h | 2.9741 | +0.003% | $265 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0229% | 8h | 2.9694 | −0.154% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.252% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0095% | 8h | 2.9720 | −0.067% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9762 | +0.072% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9767 | +0.090% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0037% | 8h | 2.9710 | −0.101% | $17.1M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9755 | +0.050% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9762 | +0.073% | $187K | $1.5M | 20x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
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 | 2.9736 | −0.014% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9723 | −0.056% | $28.9M | $49.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9720 | −0.067% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9710 | −0.101% | $19.5M | $8.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9740 | 0.000% | $5.2M | $12.9M | 50x | as long as short |
| Bitget ICPUSDTlong | +0.0100% | 8h | 2.9740 | long leg | $6.8M | $4.5M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9750 | +0.034% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9737 | −0.009% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9745 | +0.017% | $569K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.034% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9710 | −0.101% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9717 | −0.078% | $25K | $124K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9757 | +0.056% | $487K | $518K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9730 | −0.034% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9890 | +0.504% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0432% / S −0.0367% | 1h | 2.9756 | +0.055% | $31K | — | 100x | |
| Hyperliquid ICP | +0.0837% | 1h | 2.9794 | +0.182% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP