Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.122%
Price spread now: Deribit against Extended+0.021%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Deribit is 0.021% dearer against Extended than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9632 | 0.0104 | pay 0.0013% / 1h | 17m 14s | $23K | $126K | 10x |
| Short | Deribit ICP_USDC-PERPETUAL | 2.9638 | 0 | get 0.0000% / 1h | 17m 14s | $264 | $464 | 50x |
Extended ICP-USD
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21.84
- Price spread: +0.021% → 0.000%
- $2.1
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$31.74
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 38 min ago; 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 Extended live order book, 38 min ago | 4.06 bp | 13.8 bp −$14 | 75.7 bp −$757 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9612 | −0.066% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | 0.0000% | 1h | 2.9638 | +0.021% | $264 | $464 | 50x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9642 | +0.036% | $22K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0033% | 8h | 2.9590 | −0.141% | $1.8M | $791K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.112% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0093% | 8h | 2.9610 | −0.075% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9661 | +0.099% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9640 | +0.028% | $263K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9638 | +0.021% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9640 | +0.028% | $29.1M | $50.6M | 75x | as long as short |
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
Injective ICP/USDC PERP
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 ICPUSDT | +0.0100% | 8h | 2.9630 | −0.006% | $17.1M | $18.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | +0.062% | $5.7M | $16.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9640 | +0.028% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9630 | −0.006% | $19.9M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9630 | −0.006% | $4.8M | $12.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9640 | +0.028% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9630 | −0.006% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9609 | −0.079% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9614 | −0.059% | $564K | $459K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9640 | +0.028% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9630 | −0.006% | $104K | $150K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9632 | long leg | $23K | $126K | 10x | |
| Hyperliquid ICP | +0.0153% | 1h | 2.9676 | +0.149% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9630 | −0.006% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.635% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9645 | +0.044% | $31K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0569% | 1h | 2.9662 | +0.103% | $521K | $601K | 50x | as long as short |
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD