Funding you earn now, next payment 23:00 UTC−0.1327%/8h= −145.3% APRpaid last 24h −0.278%
Price spread now: Phemex against Extended−0.321%7-day average −0.120% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.408%−$241 on $10k
+Price spread, last 3 days (all we have)+0.132%+$13 · spread now −0.321%, 7d avg −0.120%
=Together, before fees−2.276%+ Points / potential airdropExtended: Active · farm board−$228 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Phemex is 0.202% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9816 | 0.0104 | pay 0.0013% / 1h | 49m 01s | $25K | $124K | 10x |
| Short | Phemex ICPUSDT | 2.9720 | −0.1223 | pay 0.1223% / 8h | 1h 49m | $1.7M | $779K | 50x |
Extended ICP-USD
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$278.63
- Price spread: −0.321% → −0.120%
- −$20.18
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$315.81
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 31 min ago; Phemex: live order book, 4 min ago. 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, 31 min ago | 3.86 bp | 12.9 bp −$13 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.68 bp | doesn't fit | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDTshort | −0.1223% | 8h | 2.9720 | −0.321% | $1.7M | $779K | 50x | |
| Deribit ICP_USDC-PERPETUAL | −0.0220% | 1h | 2.9801 | −0.050% | $266 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0207% | 8h | 2.9767 | −0.162% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.506% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0113% | 8h | 2.9810 | −0.020% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9807 | −0.030% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9797 | −0.063% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0057% | 8h | 2.9830 | +0.048% | $17.2M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9829 | +0.044% | $166K | $441K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9832 | +0.056% | $185K | $1.4M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9778 | −0.125% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9830 | +0.048% | $29.0M | $49.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9810 | −0.020% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9830 | +0.048% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9820 | +0.014% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9830 | +0.048% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9820 | +0.014% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9786 | −0.099% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9784 | −0.106% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9770 | −0.154% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9790 | −0.087% | $106K | $218K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9816 | long leg | $25K | $124K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9760 | −0.187% | $1.2M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0224% | 1h | 2.9814 | −0.005% | $488K | $512K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9860 | +0.148% | $63K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9786 | −0.098% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0562% | 1h | 2.9861 | +0.151% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance 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
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP