Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.065%
Price spread now: Variational Omni against Gate−0.133%7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.093%−$9 on $10k
+Price spread, last 3 days (all we have)+0.245%+$24 · spread now −0.133%, 7d avg −0.055%
=Together, before fees+0.151%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.079% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ICP_USDT | 3.0450 | 0.0100 | pay 0.0100% / 8h | 7h 06m | $2.0M | $3.0M | 50x |
| Short | Variational Omni ICP | 3.0409 | −0.0046 | pay 0.0046% / 8h | 7h 06m | $1.1M | $113K | — |
Gate ICP_USDT
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$30.75
- Price spread: −0.133% → −0.055%
- −$7.88
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$53.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Gate live order book, 2 min ago | 1.64 bp | 17.9 bp −$18 | 39.8 bp −$398 | 66.6 bp −$6,660 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 4.36 bp | doesn't fit | 28.4 bp −$284 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0121% | 1h | 3.0500 | +0.165% | $554K | $601K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0078% | 1h | 3.0432 | −0.059% | $271 | $464 | 50x | as long as short |
| Variational Omni ICPshort | −0.0046% | 8h | 3.0409 | −0.133% | $1.1M | $113K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0504 | +0.177% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0453 | +0.010% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.578% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0044% | 8h | 3.0450 | 0.000% | $1.8M | $783K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0492 | +0.138% | $170K | $484K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0470 | +0.066% | $336K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0487 | +0.122% | $138K | $11K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0460 | +0.033% | $30.5M | $52.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0440 | −0.033% | $18.0M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0450 | 0.000% | $6.2M | $16.8M | 50x | as long as short |
| Gate ICP_USDTlong | +0.0100% | 8h | 3.0450 | long leg | $2.0M | $3.0M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0460 | +0.033% | $19.7M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0430 | −0.066% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0460 | +0.033% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0430 | −0.066% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0622 | +0.565% | $24K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0619 | +0.554% | $581K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0440 | −0.033% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0460 | +0.033% | $107K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0433 | −0.057% | $22K | $131K | 10x | as long as short |
| Hyperliquid ICP | +0.0202% | 1h | 3.0498 | +0.158% | $4.7M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0560 | +0.361% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0490 | +0.131% | $63K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0511% / S −0.0480% | 1h | 3.0445 | −0.016% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit 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
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]