Funding you earn now, next payment 02:00 UTC−0.0448%/8h= −49.1% APRpaid last 24h −0.132%
Price spread now: Deribit against BingX−0.053%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Deribit is 0.053% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ICP-USDT | 3.0080 | 0.0100 | pay 0.0100% / 8h | 6h 20m | — | $6.0M | — |
| Short | Deribit ICP_USDC-PERPETUAL | 3.0064 | −0.0348 | pay 0.0044% / 1h | 20m 04s | $268 | $464 | 50x |
BingX ICP-USDT
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against BingX. 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
- −$94.08
- Price spread: −0.053% → 0.000%
- −$5.32
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$116.4
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Deribit: no order-book sample. 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 BingX live order book, 10 min ago | 3.33 bp | 11.1 bp −$11 | 20.6 bp −$206 | 106.7 bp −$10.7K | 437.7 bp −$218.9K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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: 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-PERPETUALshort | −0.0348% | 1h | 3.0064 | −0.053% | $268 | $464 | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0125 | +0.148% | $70K | $4K | 5x | as long as short |
| Variational Omni ICP | +0.0005% | 8h | 3.0149 | +0.231% | $1.1M | $118K | — | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0082 | +0.007% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.380% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0073% | 8h | 3.0060 | −0.066% | $1.8M | $793K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0094 | +0.047% | $164K | $492K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0090 | +0.032% | $280K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0108 | +0.092% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0070 | −0.033% | $29.7M | $53.9M | 75x | as long as short |
dYdX ICP-USD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 3.0070 | −0.033% | $17.7M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0060 | −0.066% | $5.8M | $17.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0090 | +0.033% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0070 | −0.033% | $19.4M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0060 | −0.066% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0100 | +0.066% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDTlong | +0.0100% | 8h | 3.0080 | long leg | — | $6.0M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0131 | +0.170% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0134 | +0.179% | $585K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0050 | −0.100% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0090 | +0.033% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0057 | −0.076% | $22K | $131K | 10x | as long as short |
| Hyperliquid ICP | +0.0214% | 1h | 3.0117 | +0.123% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0180 | +0.332% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0078 | −0.006% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0892% | 1h | 3.0106 | +0.086% | $546K | $611K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD