Funding you earn now, next payment 08:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.022%
Price spread now: BloFin against Extended+0.197%94s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.197%, 7d avg +0.031%
=Together, before fees−0.030%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.166% dearer against Extended than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9492 | 0.0104 | pay 0.0013% / 1h | 37m 29s | $22K | $233K | 10x |
| Short | BloFin ICP-USDT | 2.9550 | 0.0220 | get 0.0220% / 8h | 37m 29s | $1.2M | $2.4M | 75x |
Extended ICP-USD
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $24.36
- Price spread: +0.197% → +0.031%
- $16.59
- Slippage, 4 orders
- −$31.52
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.57
- Costs to cover
- 0.485%
- Break-even
- 9.2 days
Slippage from Extended: live order book, 63 min ago; BloFin: live order book, 6 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, 63 min ago | 3.91 bp | 13.4 bp −$13 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.69 bp | 8.7 bp −$9 | 13.7 bp −$137 | 70.5 bp −$7,049 | 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 | −0.0732% | 1h | 2.9512 | +0.068% | $192 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0302% | 8h | 2.9530 | +0.129% | $1.8M | $684K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0211% | 1h | 2.9550 | +0.197% | $522K | $661K | 50x | as long as short |
| Variational Omni ICP | −0.0110% | 8h | 2.9629 | +0.465% | $1.1M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9539 | +0.161% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9542 | +0.171% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.587% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0085% | 8h | 2.9460 | −0.108% | $17.1M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9509 | +0.058% | $138K | $488K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9528 | +0.123% | $4.6M | $4.6M | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter ICP
Hyperliquid ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9487 | −0.017% | $281K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9492 | +0.001% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9474 | −0.060% | $28.8M | $48.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9470 | −0.074% | $5.7M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9490 | −0.007% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9470 | −0.074% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9480 | −0.041% | $4.9M | $11.7M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9490 | −0.007% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9510 | +0.061% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9554 | +0.210% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9563 | +0.241% | $570K | $568K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9500 | +0.027% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9550 | +0.197% | $103K | $113K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9492 | long leg | $22K | $233K | 10x | |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9550 | +0.197% | $1.2M | $2.4M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9750 | +0.875% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9502 | +0.034% | $33K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance 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
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]