Funding you earn now, next payment 23:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.19 per $10,000 · paid last 24h −0.119%
Price spread now: Deribit against dYdX−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.062% cheaper against dYdX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ICP-USD | 3.0036 | 0 | get 0.0000% / 1h | 5m 33s | $70K | $4K | 5x |
| Short | Deribit ICP_USDC-PERPETUAL | 3.0018 | −0.0150 | pay 0.0019% / 1h | 5m 33s | $268 | $464 | 50x |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$31.5
- Price spread: −0.062% → 0.000%
- −$6.16
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$54.66
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Deribit: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
dYdX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1462% | 8h | 2.9830 | −0.687% | $1.7M | $769K | 50x | as long as short |
| Variational Omni ICP | −0.0154% | 8h | 2.9931 | −0.351% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.237% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | −0.0150% | 1h | 3.0018 | −0.062% | $268 | $464 | 50x | |
| Gate ICP_USDT | −0.0045% | 8h | 3.0000 | −0.122% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 3.0036 | long leg | $70K | $4K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0024 | −0.041% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0032 | −0.015% | $160K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0017 | −0.065% | $196K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0026 | −0.036% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0005 | −0.105% | $29.7M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9990 | −0.155% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0000 | −0.122% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0010 | −0.088% | $19.6M | $8.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0000 | −0.122% | $5.1M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0010 | −0.088% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0000 | −0.122% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9956 | −0.268% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9971 | −0.218% | $574K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9980 | −0.188% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9990 | −0.155% | $107K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0003 | −0.110% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9950 | −0.288% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 3.0028 | −0.029% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | −0.022% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 3.0021 | −0.052% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0657% | 1h | 3.0058 | +0.072% | $4.7M | $5.0M | 5x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
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
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP