Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h −0.004%
Price spread now: dYdX against Bybit+0.167%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.167% dearer against Bybit than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9490 | 0.0085 | pay 0.0085% / 8h | 37m 09s | $17.1M | $17.9M | 75x |
| Short | dYdX ICP-USD | 2.9539 | 0 | get 0.0000% / 1h | 37m 09s | $69K | $3K | 5x |
Bybit ICPUSDT
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- −$17.8
- Price spread: +0.167% → 0.000%
- $16.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$22.05
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; dYdX: 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 Bybit live order book, 1 min ago | 1.70 bp | 9.0 bp −$9 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0631% | 1h | 2.9474 | −0.054% | $192 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0298% | 8h | 2.9500 | +0.034% | $1.8M | $684K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0211% | 1h | 2.9509 | +0.064% | $522K | $661K | 50x | as long as short |
| Variational Omni ICP | −0.0110% | 8h | 2.9629 | +0.472% | $1.1M | $135K | — | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 2.9539 | +0.167% | $69K | $3K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9502 | +0.042% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.593% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDTlong | +0.0085% | 8h | 2.9490 | long leg | $17.1M | $17.9M | 75x | |
| Lighter ICP | +0.0096% | 1h | 2.9485 | −0.017% | $137K | $488K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9527 | +0.125% | $4.6M | $4.6M | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9504 | +0.048% | $281K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9492 | +0.008% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9493 | +0.010% | $28.8M | $48.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9490 | 0.000% | $5.7M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9500 | +0.034% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | −0.102% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9480 | −0.034% | $4.9M | $11.7M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9520 | +0.102% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9510 | +0.068% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9554 | +0.217% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9563 | +0.248% | $570K | $568K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9470 | −0.068% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9480 | −0.034% | $103K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9462 | −0.095% | $22K | $233K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9480 | −0.034% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9750 | +0.882% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9502 | +0.041% | $33K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]