Funding you earn now, next payment 12:00 UTC−0.0238%/8h= −26.1% APRpaid last 24h −0.087%
Price spread now: Variational Omni against Extended−0.363%7-day average −0.042% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)+0.524%+$52 · spread now −0.363%, 7d avg −0.042%
=Together, before fees+0.313%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.321% cheaper against Extended than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9304 | 0.0104 | pay 0.0013% / 1h | 47m 34s | $22K | $243K | 10x |
| Short | Variational Omni ICP | 2.9197 | −0.0134 | pay 0.0134% / 8h | 4h 47m | $1.1M | $195K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$50.06
- Price spread: −0.363% → −0.042%
- −$32.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$87.18
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 57 min ago; Variational Omni: RFQ quote, 5 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, 57 min ago | 4.10 bp | 12.6 bp −$13 | 80.0 bp −$800 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 4.42 bp | doesn't fit | 14.0 bp −$140 | doesn't fit | doesn't fit |
ICP on 27 exchanges
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 ICPUSDT | −0.0138% | 8h | 2.9220 | −0.286% | $1.7M | $703K | 50x | as long as short |
| Variational Omni ICPshort | −0.0134% | 8h | 2.9197 | −0.363% | $1.1M | $195K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9288 | −0.055% | $68K | $2K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9277 | −0.091% | $190 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9270 | −0.114% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.233% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9318 | +0.049% | $131K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9334 | +0.103% | $246K | $889K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9298 | −0.020% | $132K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9330 | +0.090% | $28.3M | $47.4M | 75x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9300 | −0.013% | $17.1M | $17.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9300 | −0.013% | $5.7M | $12.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9300 | −0.013% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9310 | +0.021% | $18.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9310 | +0.021% | $4.9M | $10.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9320 | +0.056% | $7.0M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9300 | −0.013% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9199 | −0.356% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9187 | −0.398% | $556K | $645K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9250 | −0.183% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9260 | −0.149% | $102K | $128K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9304 | long leg | $22K | $243K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0143% | 1h | 2.9287 | −0.056% | $506K | $596K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9190 | −0.388% | $1.2M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0399% | 1h | 2.9339 | +0.120% | $4.5M | $4.3M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0424% / S −0.0357% | 1h | 2.9268 | −0.121% | $30K | — | 100x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0440% | 1h | 2.9270 | −0.115% | $57K | $62K | 50x | as long as short |
Extended ICP-USD
Variational Omni ICP
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
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
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Coinbase International ICP-PERP-INTX