Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.004%
Price spread now: Bybit against dYdX−0.042%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bybit is 0.042% cheaper against dYdX than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.096% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ICP-USD | 2.9612 | 0 | get 0.0000% / 1h | 19m 01s | $69K | $3K | 5x |
| Short | Bybit ICPUSDT | 2.9600 | 0.0100 | get 0.0100% / 8h | 4h 19m | $17.1M | $18.3M | 75x |
dYdX ICP-USD
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $21
- Price spread: −0.042% → 0.000%
- −$4.17
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$4.17
- Costs to cover
- 0.210%
- Break-even
- 8.4 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 4 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.69 bp | 11.7 bp −$12 | 34.2 bp −$342 | 584.8 bp −$58.5K | doesn't fit |
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 | −0.0054% | 1h | 2.9621 | +0.029% | $264 | $464 | 50x | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 2.9612 | long leg | $69K | $3K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9630 | +0.060% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.178% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0038% | 8h | 2.9570 | −0.143% | $1.8M | $791K | 50x | as long as short |
| Variational Omni ICP | +0.0093% | 8h | 2.9610 | −0.009% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9641 | +0.097% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9639 | +0.089% | $263K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9606 | −0.023% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9606 | −0.022% | $29.1M | $50.6M | 75x | as long as short |
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 ICPUSDTshort | +0.0100% | 8h | 2.9600 | −0.042% | $17.1M | $18.3M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9600 | −0.042% | $5.7M | $16.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9620 | +0.026% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9590 | −0.075% | $19.9M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9600 | −0.042% | $4.8M | $12.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9620 | +0.026% | $6.9M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9620 | +0.026% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9645 | +0.109% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9651 | +0.132% | $564K | $459K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.008% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9620 | +0.026% | $104K | $150K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9594 | −0.061% | $23K | $130K | 10x | as long as short |
| Hyperliquid ICP | +0.0157% | 1h | 2.9651 | +0.131% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9580 | −0.109% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.701% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0528% | 1h | 2.9625 | +0.043% | $39K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0570% | 1h | 2.9633 | +0.071% | $520K | $601K | 50x | as long as short |
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD