Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Bybit+0.067%7-day average +0.026% · 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−$60as in the Price arb table
costs, in and out, $10k−$640.643% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.067%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.041% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9630 | 0.0100 | pay 0.0100% / 8h | 4h 23m | $17.1M | $18.3M | 75x |
| Short | Gate ICP_USDT | 2.9650 | 0.0100 | get 0.0100% / 8h | 4h 23m | $1.9M | $3.0M | 50x |
Bybit ICPUSDT
Gate ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.067% → +0.026%
- $4.12
- Slippage, 4 orders
- −$38.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$60.14
- Costs to cover
- 0.643%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 4 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 Bybit live order book, 5 min ago | 1.69 bp | 11.8 bp −$12 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.37 bp | 21.4 bp −$21 | 62.8 bp −$628 | 155.6 bp −$15.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9665 | +0.118% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9650 | +0.067% | $264 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9663 | +0.110% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.118% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0071% | 8h | 2.9630 | 0.000% | $1.8M | $791K | 50x | as long as short |
| Variational Omni ICP | +0.0094% | 8h | 2.9615 | −0.052% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9677 | +0.159% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9670 | +0.135% | $270K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9660 | +0.103% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9652 | +0.074% | $29.1M | $50.7M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTlong | +0.0100% | 8h | 2.9630 | long leg | $17.1M | $18.3M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | +0.067% | $5.7M | $16.2M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9650 | +0.067% | $1.9M | $3.0M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9650 | +0.067% | $19.9M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | +0.067% | $4.8M | $12.7M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9660 | +0.101% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9650 | +0.067% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9646 | +0.055% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9665 | +0.117% | $565K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9660 | +0.101% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.135% | $104K | $150K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9646 | +0.055% | $23K | $130K | 10x | as long as short |
| Hyperliquid ICP | +0.0181% | 1h | 2.9692 | +0.209% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9660 | +0.101% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.641% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0535% / S −0.0528% | 1h | 2.9656 | +0.088% | $39K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0569% | 1h | 2.9682 | +0.177% | $521K | $601K | 50x | as long as short |
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD