Funding you earn now, next payment 00:00 UTC−0.0342%/8h= −37.4% APRpaid last 24h −0.134%
Price spread now: Deribit against MEXC−0.075%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Deribit is 0.075% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 3.0520 | 0.0100 | pay 0.0100% / 8h | 44m 48s | $19.4M | $9.2M | 50x |
| Short | Deribit ICP_USDC-PERPETUAL | 3.0497 | −0.0242 | pay 0.0030% / 1h | 44m 48s | $272 | $464 | 50x |
MEXC ICP_USDT
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against MEXC. 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
- −$71.82
- Price spread: −0.075% → 0.000%
- −$7.54
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$86.36
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Deribit: no order-book sample. 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 MEXC live order book, 4 min ago | 1.64 bp | 3.2 bp −$3 | 12.5 bp −$125 | 71.3 bp −$7,127 | 130.3 bp −$65.1K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1593% | 8h | 3.0390 | −0.426% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | −0.0242% | 1h | 3.0497 | −0.075% | $272 | $464 | 50x | |
| Variational Omni ICP | −0.0149% | 8h | 3.0421 | −0.324% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0033% | 8h | 3.0500 | −0.066% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0515 | −0.017% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0495 | −0.083% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.801% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0537 | +0.056% | $160K | $451K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0521 | +0.002% | $219K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0473 | −0.153% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 3.0520 | 0.000% | $30.2M | $51.2M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0510 | −0.033% | $18.1M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0480 | −0.131% | $6.2M | $16.8M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 3.0520 | long leg | $19.4M | $9.2M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0500 | −0.066% | $5.2M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0510 | −0.033% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0490 | −0.098% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0540 | +0.066% | $24K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0516 | −0.012% | $584K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0490 | −0.098% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0490 | −0.098% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0518 | −0.006% | $26K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0170% | 1h | 3.0537 | +0.057% | $542K | $580K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0530 | +0.033% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0233% | 1h | 3.0559 | +0.128% | $4.8M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0480 | −0.131% | $64K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0548% / S −0.0540% | 1h | 3.0496 | −0.080% | $41K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]