Funding you earn now, next payment 02:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.049%
Price spread now: Variational Omni against Deribit+0.014%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 3.0036 | 0 | get 0.0000% / 1h | 42m 53s | $268 | $464 | 50x |
| Short | Variational Omni ICP | 3.0040 | −0.0022 | pay 0.0022% / 8h | 6h 42m | $1.1M | $118K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- −$4.53
- Price spread: +0.014% → 0.000%
- $1.45
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.09
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 1 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 4.39 bp | doesn't fit | 32.3 bp −$323 | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICPshort | −0.0022% | 8h | 3.0040 | +0.014% | $1.1M | $118K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0095 | +0.197% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUALlong | 0.0000% | 1h | 3.0036 | long leg | $268 | $464 | 50x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0062 | +0.088% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.235% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0069 | +0.110% | $165K | $489K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0014 | −0.072% | $299K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0080 | +0.146% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9950 | −0.286% | $29.8M | $54.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9940 | −0.320% | $17.7M | $19.0M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9920 | −0.386% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9950 | −0.286% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9940 | −0.320% | $18.8M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9970 | −0.220% | $5.0M | $13.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9970 | −0.220% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9950 | −0.286% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0059 | +0.076% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9985 | −0.170% | $569K | $477K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0040 | +0.013% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0040 | +0.013% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0080 | +0.146% | $1.8M | $794K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9948 | −0.292% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0060 | +0.080% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0080 | +0.146% | $65K | $75K | 50x | as long as short |
| Hyperliquid ICP | +0.0403% | 1h | 3.0040 | +0.012% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0049 | +0.042% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0070 | +0.112% | $545K | $617K | 50x | as long as short |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit 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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD