Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.276%
Price spread now: Phemex against SunX+0.034%7-day average −0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.504%−$250 on $10k
+Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.034%, 7d avg −0.119%
=The price spread pays, funding is against you. Phemex is 0.153% dearer against SunX than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.119%): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−2.504% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9430 | 0.0100 | pay 0.0100% / 8h | 3h 20m | $1K | $1.5M | 20x |
| Short | Phemex ICPUSDT | 2.9440 | 0.0006 | get 0.0006% / 8h | 3h 20m | $1.7M | $787K | 50x |
SunX ICP-USDT
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SunX. 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
- −$19.77
- Price spread: +0.034% → −0.119%
- $15.32
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$24.45
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Phemex: live order book, 3 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 SunX live order book, 4 min ago | 49.28 bp | 74.2 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.40 bp | doesn't fit | doesn't fit | 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 | −0.0124% | 1h | 2.9438 | +0.027% | $191 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9477 | +0.159% | $525K | $597K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9450 | +0.067% | $69K | $3K | 5x | as long as short |
| Phemex ICPUSDTshort | +0.0006% | 8h | 2.9440 | +0.034% | $1.7M | $787K | 50x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9482 | +0.178% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.799% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0079% | 8h | 2.9430 | −0.001% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9454 | +0.082% | $143K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9509 | +0.268% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9476 | +0.158% | $260K | $1.5M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9445 | +0.050% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9480 | +0.170% | $28.8M | $48.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9470 | +0.136% | $17.1M | $17.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9470 | +0.136% | $5.7M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9470 | +0.136% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9470 | +0.136% | $18.6M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9480 | +0.170% | $4.9M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9480 | +0.170% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9470 | +0.136% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9412 | −0.061% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9439 | +0.032% | $559K | $484K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9430 | long leg | $1K | $1.5M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9420 | −0.034% | $103K | $116K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9462 | +0.107% | $22K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9430 | 0.000% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9480 | +0.170% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9489 | +0.200% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]