Funding you earn now, next payment 04:00 UTC−0.0334%/8h= −36.6% APRpaid last 24h −0.097%
Price spread now: MEXC against GMX−0.011%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 2.9653 | L +0.0434% / S −0.0367% | pay 0.0054% / 1h | 13m 50s | $31K | — | 100x |
| Short | MEXC ICP_USDT | 2.9650 | 0.0100 | get 0.0100% / 8h | 4h 13m | $19.6M | $10.3M | 50x |
GMX ICP/USD [WBTC.b-USDC]
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GMX. 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
- −$70.23
- Price spread: −0.011% → 0.000%
- −$1.15
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$83.38
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: live order book, 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 GMX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 1.69 bp | 4.2 bp −$4 | 10.4 bp −$104 | 64.2 bp −$6,415 | 138.9 bp −$69.5K |
GMX: 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 | −0.0087% | 1h | 2.9656 | +0.009% | $264 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9636 | −0.057% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9657 | +0.013% | $22K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0014% | 8h | 2.9610 | −0.146% | $1.8M | $791K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.039% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0090% | 8h | 2.9620 | −0.113% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9701 | +0.160% | $158K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9663 | +0.032% | $263K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9655 | +0.006% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9670 | +0.056% | $29.1M | $50.5M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
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 | 2.9660 | +0.022% | $17.2M | $18.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9680 | +0.090% | $5.7M | $16.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9650 | −0.011% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9650 | −0.011% | $19.6M | $10.3M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | −0.011% | $4.8M | $12.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9690 | +0.123% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | +0.022% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9627 | −0.090% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9634 | −0.065% | $564K | $459K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9650 | −0.011% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9580 | −0.248% | $103K | $137K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9652 | −0.005% | $23K | $126K | 10x | as long as short |
| Hyperliquid ICP | +0.0139% | 1h | 2.9712 | +0.198% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9610 | −0.146% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.562% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0434% / S −0.0367% | 1h | 2.9653 | long leg | $31K | — | 100x | |
| Kraken Futures PF_ICPUSD | +0.0569% | 1h | 2.9677 | +0.079% | $521K | $601K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate 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
Kraken Futures PF_ICPUSD