Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.267%
Price spread now: Binance against Phemex+0.034%7-day average +0.146% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.443%+$244 on $10k
+Price spread, last 4 days (all we have)+0.144%+$14 · spread now +0.034%, 7d avg +0.146%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.112% cheaper against Phemex than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.146%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 2.9610 | 0.0100 | pay 0.0100% / 8h | 5h 03m | $1.8M | $794K | 50x |
| Short | Binance ICPUSDT | 2.9620 | 0.0100 | get 0.0100% / 8h | 5h 03m | $29.2M | $53.1M | 75x |
Phemex ICPUSDT
Binance ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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: +0.034% → +0.146%
- −$11.24
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.24
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; Binance: live order book, 9 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 Phemex live order book, 5 min ago | 5.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.68 bp | 10.0 bp −$10 | 24.5 bp −$245 | 188.2 bp −$18.8K | 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 | −0.0020% | 1h | 2.9617 | +0.024% | $264 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9624 | +0.049% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9623 | +0.043% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.186% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0086% | 8h | 2.9579 | −0.104% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9623 | +0.044% | $158K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9634 | +0.079% | $272K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9602 | −0.027% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDTshort | +0.0100% | 8h | 2.9620 | +0.034% | $29.2M | $53.1M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9610 | 0.000% | $17.2M | $18.8M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9590 | −0.068% | $5.7M | $16.7M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9580 | −0.101% | $1.9M | $3.2M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9600 | −0.034% | $19.7M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9590 | −0.068% | $4.8M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9610 | 0.000% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.034% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9597 | −0.043% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9602 | −0.027% | $562K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9620 | +0.034% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9610 | 0.000% | $104K | $181K | 20x | as long as short |
| Phemex ICPUSDTlong | +0.0100% | 8h | 2.9610 | long leg | $1.8M | $794K | 50x | |
| Extended ICP-USD | +0.0104% | 1h | 2.9585 | −0.084% | $23K | $122K | 10x | as long as short |
| Hyperliquid ICP | +0.0132% | 1h | 2.9634 | +0.081% | $4.6M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9620 | +0.034% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0296% | 1h | 2.9645 | +0.120% | $522K | $642K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9700 | +0.304% | $67K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0504% / S −0.0480% | 1h | 2.9621 | +0.038% | $37K | — | 100x | as long as short |
OKX ICP-USDT-SWAP
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
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]