ICP

Alert

Funding spread now, next payment 15:00 UTC+0.0351%/8h

paid, last 24h+0.005%paid, last 3 days+0.038%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.038% in total (about 4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ICP	2.9347	−0.0351	get 0.0351% / 8h	1h 44m	$1.0M	$79K	—
Short	dYdX ICP-USD	2.9423	0	get 0.0000% / 1h	44m 50s	$70K	$3K	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee dYdXbpOrdersRate

Funding earned: $73.78
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: $63.78
Break-even: 0.9 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; dYdX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.258%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Variational Omni RFQ quote, 1 min ago	4.43 bp	doesn't fit	30.9 bp −$309	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex ICPUSDT	−0.0946%	8h	$1.7M	$690K	50x	as long as short
Kraken Futures PF_ICPUSD	−0.0691%	1h	$485K	$541K	50x	as long as short
Deribit ICP_USDC-PERPETUAL	−0.0429%	1h	$163	$298	50x	as long as short
Variational Omni ICPlong	−0.0351%	8h	$1.0M	$79K	—
Bybit ICPUSDT	−0.0198%	8h	$16.7M	$14.6M	75x	as long as short
Gate ICP_USDT	−0.0013%	8h	$1.8M	$2.3M	50x	as long as short
dYdX ICP-USDshort	0.0000%	1h	$70K	$3K	5x
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0010%	1h	$26K	—	150x	as long as short
OKX ICP-USDT-SWAP	+0.0007%	8h	$5.8M	$15.7M	50x	as long as short
Injective ICP/USDC PERP	+0.0033%	1h	$202	$191K	12x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC ICP_USDT	+0.0071%	8h	$19.6M	$6.8M	50x	as long as short
Binance ICPUSDT	+0.0072%	8h	$28.4M	$46.1M	75x	as long as short
Extended ICP-USD	+0.0072%	1h	$26K	$133K	10x	as long as short
Lighter ICP	+0.0096%	1h	$149K	$309K	5x	as long as short
Aster ICPUSDT	+0.0100%	8h	$178K	$1.8M	20x	as long as short
Pacifica ICP	+0.0100%	1h	$133K	$11K	5x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	$4.8M	$10.6M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	$6.8M	$4.0M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	—	$3.6M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	$23K	$275K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	$1K	$1.8M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	$111K	$283K	20x	as long as short
Coinbase International ICP-PERP-INTX	+0.0128%	1h	$66K	$118K	50x	as long as short
BloFin ICP-USDT	+0.0192%	8h	$1.2M	$2.2M	75x	as long as short
Hyperliquid ICP	+0.0329%	1h	$4.7M	$3.4M	5x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0427% / S −0.0357%	1h	$30K	—	100x	as long as short