Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against HTX+0.100%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.100%, 7d avg +0.050%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.050% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ICP-USDT | 2.9920 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $106K | $220K | 20x |
| Short | BloFin ICP-USDT | 2.9950 | 0.0220 | get 0.0220% / 8h | 1h 07m | $1.2M | $2.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $25.2
- Price spread: +0.100% → +0.050%
- $4.98
- Slippage, 4 orders
- −$83.65
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.47
- Costs to cover
- 1.076%
- Break-even
- 28.5 days
Slippage from HTX: live order book, 9 min ago; BloFin: live order book, 6 min ago.
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 HTX live order book, 9 min ago | 15.01 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 5.01 bp | 11.0 bp −$11 | 19.0 bp −$190 | 80.4 bp −$8,035 | 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 ICPUSDT | −0.1462% | 8h | 2.9800 | −0.401% | $1.7M | $769K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0184% | 1h | 2.9976 | +0.187% | $267 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0154% | 8h | 2.9931 | +0.037% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.852% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0048% | 8h | 2.9960 | +0.134% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9951 | +0.105% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9974 | +0.180% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0012 | +0.307% | $160K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9975 | +0.185% | $196K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9966 | +0.153% | $136K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9980 | +0.201% | $29.6M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9970 | +0.167% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9970 | +0.167% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9990 | +0.234% | $19.6M | $8.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9970 | +0.167% | $5.1M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9980 | +0.201% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | +0.134% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9950 | +0.101% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9971 | +0.170% | $574K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9960 | +0.134% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDTlong | +0.0100% | 8h | 2.9920 | long leg | $106K | $220K | 20x | |
| Extended ICP-USD | +0.0104% | 1h | 2.9964 | +0.147% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9950 | +0.100% | $1.2M | $2.3M | 75x | |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9996 | +0.254% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.368% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9976 | +0.186% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0663% | 1h | 3.0020 | +0.334% | $4.7M | $5.0M | 5x | as long as short |
HTX ICP-USDT
BloFin ICP-USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICP
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
Extended ICP-USD
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP