Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against OKX0.000%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now 0.000%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ICP-USDT-SWAP | 3.0370 | 0.0100 | pay 0.0100% / 8h | 40m 00s | $6.2M | $16.8M | 50x |
| Short | MEXC ICP_USDT | 3.0370 | 0.0100 | get 0.0100% / 8h | 40m 00s | $19.3M | $9.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- $0
- Price spread: 0.000% → +0.021%
- −$2.12
- Slippage, 4 orders
- −$19.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$31.28
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; MEXC: live order book, 4 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 OKX live order book, 3 min ago | 1.64 bp | 10.4 bp −$10 | 34.4 bp −$344 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.64 bp | 4.5 bp −$5 | 10.6 bp −$106 | 70.4 bp −$7,036 | 149.5 bp −$74.8K |
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 | −0.1569% | 8h | 3.0360 | −0.033% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0408% | 1h | 3.0376 | +0.020% | $271 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0142% | 8h | 3.0401 | +0.103% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0028% | 8h | 3.0360 | −0.033% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0428 | +0.192% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0400 | +0.099% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.321% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0415 | +0.148% | $159K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0379 | +0.030% | $205K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0416 | +0.152% | $138K | $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 | 3.0370 | 0.000% | $30.0M | $51.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0370 | 0.000% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0100% | 8h | 3.0370 | long leg | $6.2M | $16.8M | 50x | |
| MEXC ICP_USDTshort | +0.0100% | 8h | 3.0370 | 0.000% | $19.3M | $9.2M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0370 | 0.000% | $5.0M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0390 | +0.066% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0380 | +0.033% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0460 | +0.295% | $24K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0412 | +0.140% | $581K | $444K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0370 | 0.000% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0370 | 0.000% | $108K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0359 | −0.037% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0424 | +0.178% | $540K | $580K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0430 | +0.198% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.560% | $64K | $90K | 50x | as long as short |
| Hyperliquid ICP | +0.0262% | 1h | 3.0440 | +0.230% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0392 | +0.073% | $38K | — | 100x | as long as short |
OKX ICP-USDT-SWAP
MEXC ICP_USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
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
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]