Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against Binance−0.160%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days+0.172%+$17 · spread now −0.160%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.135% cheaper against Binance than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 3.0479 | 0.0100 | pay 0.0100% / 8h | 7h 28m | $30.5M | $52.6M | 75x |
| Short | OKX ICP-USDT-SWAP | 3.0430 | 0.0100 | get 0.0100% / 8h | 7h 28m | $6.2M | $17.0M | 50x |
Binance ICPUSDT
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: −0.160% → −0.024%
- −$13.55
- Slippage, 4 orders
- −$25.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.99
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 5 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 Binance live order book, 14 min ago | 1.64 bp | 10.3 bp −$10 | 26.0 bp −$260 | 293.5 bp −$29.3K | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.64 bp | 12.5 bp −$12 | 34.4 bp −$344 | 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 | −0.0374% | 1h | 3.0443 | −0.117% | $271 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0121% | 1h | 3.0493 | +0.045% | $556K | $598K | 50x | as long as short |
| Variational Omni ICP | −0.0066% | 8h | 3.0500 | +0.071% | $1.1M | $110K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0490 | +0.037% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0460 | −0.061% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.670% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0510 | +0.103% | $174K | $480K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0492 | +0.042% | $337K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0474 | −0.015% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 3.0479 | long leg | $30.5M | $52.6M | 75x |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 3.0440 | −0.127% | $18.1M | $18.6M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 3.0430 | −0.160% | $6.2M | $17.0M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 3.0490 | +0.037% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0480 | +0.004% | $19.6M | $9.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0460 | −0.061% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0480 | +0.004% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0490 | +0.037% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0482 | +0.010% | $24K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0503 | +0.079% | $579K | $475K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0470 | −0.029% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0430 | −0.160% | $106K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0500 | +0.070% | $1.8M | $778K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0483 | +0.014% | $23K | $143K | 10x | as long as short |
| Hyperliquid ICP | +0.0170% | 1h | 3.0517 | +0.126% | $4.7M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0470 | −0.029% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0520 | +0.135% | $63K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0510% / S −0.0480% | 1h | 3.0449 | −0.096% | $38K | — | 100x | as long as short |
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]