Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.43 per $10,000 · paid last 24h −0.071%
Price spread now: Variational Omni against OKX−0.307%7-day average −0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.453%+$45 · spread now −0.307%, 7d avg −0.040%
=Together, before fees+0.296%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.267% cheaper against OKX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ICP-USDT-SWAP | 2.9120 | 0.0100 | pay 0.0100% / 8h | 2h 28m | $5.6M | $14.8M | 50x |
| Short | Variational Omni ICP | 2.9031 | 0.0057 | get 0.0057% / 8h | 2h 28m | $1.0M | $133K | — |
OKX ICP-USDT-SWAP
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$9.08
- Price spread: −0.307% → −0.040%
- −$26.74
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$45.82
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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 OKX live order book, 5 min ago | 3.44 bp | 11.1 bp −$11 | 32.0 bp −$320 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 4.43 bp | doesn't fit | 16.4 bp −$164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0093% | 1h | 2.9144 | +0.082% | $190 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0069% | 1h | 2.9152 | +0.111% | $482K | $644K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9106 | −0.050% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9160 | +0.137% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.872% | $202 | $200K | 12x | as long as short |
| Variational Omni ICPshort | +0.0057% | 8h | 2.9031 | −0.307% | $1.0M | $133K | — | |
| Lighter ICP | +0.0096% | 1h | 2.9138 | +0.062% | $141K | $493K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9153 | +0.113% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9133 | +0.045% | $261K | $1.3M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9118 | −0.008% | $132K | $9K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid 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 | 2.9110 | −0.034% | $28.5M | $48.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9110 | −0.034% | $17.0M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0100% | 8h | 2.9120 | long leg | $5.6M | $14.8M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9100 | −0.069% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9110 | −0.034% | $17.9M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9110 | −0.034% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9130 | +0.034% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9120 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9072 | −0.164% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9054 | −0.226% | $559K | $499K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9140 | +0.069% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9070 | −0.172% | $101K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9130 | +0.034% | $1.7M | $706K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9100 | −0.069% | $23K | $134K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9140 | +0.069% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9260 | +0.481% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9159 | +0.133% | $30K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]