Funding you earn now, next payment 04:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.029%
Price spread now: Injective against Extended+0.248%60s7-day average +0.848% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.248%, 7d avg +0.848%
=Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.600% cheaper against Extended than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of +0.848%). Swap the legs. The two prices were read 60 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 | 2.9592 | 0.0104 | pay 0.0013% / 1h | 20m 12s | $23K | $130K | 10x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 20m 12s | $202 | $200K | 12x |
Extended ICP-USD
Injective ICP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14.84
- Price spread: +0.248% → +0.848%
- −$60.02
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$79.88
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 35 min ago; Injective: 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, 35 min ago | 4.06 bp | 13.8 bp −$14 | 75.7 bp −$757 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0155% | 1h | 2.9600 | +0.028% | $264 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9636 | +0.151% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9612 | +0.070% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | +0.248% | $202 | $200K | 12x | |
| Phemex ICPUSDT | +0.0048% | 8h | 2.9580 | −0.039% | $1.8M | $791K | 50x | as long as short |
| Variational Omni ICP | +0.0093% | 8h | 2.9610 | +0.060% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9633 | +0.140% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9627 | +0.118% | $263K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9628 | +0.124% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9600 | +0.028% | $29.1M | $50.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
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 ICPUSDT | +0.0100% | 8h | 2.9590 | −0.006% | $17.1M | $18.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9610 | +0.062% | $5.7M | $16.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9610 | +0.062% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9610 | +0.062% | $19.9M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9600 | +0.028% | $4.8M | $12.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9620 | +0.096% | $6.9M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9610 | +0.062% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9645 | +0.179% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9651 | +0.202% | $564K | $459K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.006% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9630 | +0.130% | $104K | $150K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9592 | long leg | $23K | $130K | 10x | |
| Hyperliquid ICP | +0.0163% | 1h | 2.9637 | +0.153% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9640 | +0.163% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.772% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0535% / S −0.0528% | 1h | 2.9609 | +0.057% | $39K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0570% | 1h | 2.9630 | +0.130% | $520K | $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