Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.019%
Price spread now: edgeX against BloFin−0.214%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)+0.216%+$22 · spread now −0.214%, 7d avg −0.066%
=Together, before fees+0.053%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.148% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ICP-USDT | 2.9850 | 0.0220 | pay 0.0220% / 8h | 1h 45m | $1.2M | $2.3M | 75x |
| Short | edgeX ICPUSDC | 2.9786 | 0.0100 | get 0.0050% / 4h | 1h 45m | $23K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$25.2
- Price spread: −0.214% → −0.066%
- −$14.75
- Slippage, 4 orders
- −$31.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$92.92
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; edgeX: live order book, 37 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 BloFin live order book, 2 min ago | 1.67 bp | 10.4 bp −$10 | 13.9 bp −$139 | 122.1 bp −$12.2K | doesn't fit |
| Sell edgeX live order book, 37 min ago | 8.37 bp | 12.9 bp −$13 | 27.3 bp −$273 | 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 ICPUSDT | −0.1237% | 8h | 2.9730 | −0.402% | $1.7M | $778K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0352% | 1h | 2.9864 | +0.047% | $266 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0207% | 8h | 2.9767 | −0.276% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.620% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0105% | 8h | 2.9850 | 0.000% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9878 | +0.094% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9865 | +0.051% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0063% | 8h | 2.9850 | 0.000% | $17.3M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9887 | +0.124% | $166K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9871 | +0.072% | $185K | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9887 | +0.125% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9856 | +0.021% | $29.5M | $49.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9860 | +0.034% | $5.8M | $15.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9860 | +0.034% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9860 | +0.034% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9870 | +0.067% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9850 | 0.000% | — | $4.9M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 2.9786 | −0.214% | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9784 | −0.221% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9860 | +0.034% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9840 | −0.034% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9846 | −0.014% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDTlong | +0.0220% | 8h | 2.9850 | long leg | $1.2M | $2.3M | 75x | |
| Kraken Futures PF_ICPUSD | +0.0224% | 1h | 2.9888 | +0.127% | $489K | $512K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9890 | +0.134% | $63K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0504% / S −0.0480% | 1h | 2.9856 | +0.021% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0572% | 1h | 2.9917 | +0.223% | $4.7M | $5.0M | 5x | as long as short |
BloFin ICP-USDT
edgeX ICPUSDC
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP