Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.006%
Price spread now: Binance against Extended−0.021%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now −0.021%, 7d avg +0.033%
=Together, before fees+0.084%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9743 | 0.0104 | pay 0.0013% / 1h | 9m 11s | $23K | $122K | 10x |
| Short | Binance ICPUSDT | 2.9737 | 0.0100 | get 0.0100% / 8h | 5h 09m | $29.2M | $53.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: −0.021% → +0.033%
- −$5.47
- Slippage, 4 orders
- −$29.83
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.15
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from Extended: live order book, 51 min ago; Binance: live order book, 3 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 Extended live order book, 51 min ago | 3.17 bp | 12.1 bp −$12 | 69.1 bp −$691 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.68 bp | 10.0 bp −$10 | 24.5 bp −$245 | 188.2 bp −$18.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0052% | 1h | 2.9747 | +0.013% | $265 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9742 | −0.003% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9752 | +0.032% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.263% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0080% | 8h | 2.9809 | +0.222% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9765 | +0.074% | $160K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9762 | +0.065% | $273K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9746 | +0.010% | $135K | $10K | 5x | as long as short |
| Binance ICPUSDTshort | +0.0100% | 8h | 2.9737 | −0.021% | $29.2M | $53.2M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9730 | −0.044% | $17.3M | $18.9M | 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 | 2.9740 | −0.010% | $5.8M | $16.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9730 | −0.044% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9750 | +0.023% | $19.8M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9730 | −0.044% | $4.8M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9760 | +0.057% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.044% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9832 | +0.299% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9882 | +0.466% | $567K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.010% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9690 | −0.178% | $104K | $181K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9730 | −0.044% | $1.8M | $794K | 50x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9743 | long leg | $23K | $122K | 10x | |
| Hyperliquid ICP | +0.0121% | 1h | 2.9780 | +0.124% | $4.6M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9760 | +0.057% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0294% | 1h | 2.9778 | +0.117% | $525K | $643K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9850 | +0.359% | $67K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9757 | +0.047% | $37K | — | 100x | as long as short |
Extended ICP-USD
Binance ICPUSDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
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
Hyperliquid ICP
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]