Funding you earn now, next payment 16:00 UTC−0.0481%/8h= −52.6% APRnext payment −$4.81 per $10,000 · paid last 24h −0.243%
Price spread now: Phemex against BingX−0.136%7-day average −0.135% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.412%−$241 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.136%, 7d avg −0.135%
=The price spread sits at its 7-day average of −0.135%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ICP-USDT | 2.9460 | 0.0100 | pay 0.0100% / 8h | 5h 56m | — | $5.7M | — |
| Short | Phemex ICPUSDT | 2.9420 | −0.0381 | pay 0.0381% / 8h | 5h 56m | $1.7M | $703K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$100.92
- Price spread: −0.136% → −0.135%
- −$0.06
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$122.99
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Phemex: live order book, 4 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 BingX live order book, 6 min ago | 1.70 bp | 9.6 bp −$10 | 16.2 bp −$162 | 58.1 bp −$5,813 | 475.3 bp −$237.6K |
| Sell Phemex live order book, 4 min ago | 1.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ICP on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDTshort | −0.0381% | 8h | 2.9420 | −0.136% | $1.7M | $703K | 50x | |
| Deribit ICP_USDC-PERPETUAL | −0.0157% | 1h | 2.9466 | +0.020% | $192 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0156% | 8h | 2.9448 | −0.040% | $1.1M | $164K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9478 | +0.061% | $68K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9470 | +0.034% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.696% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9480 | +0.068% | $135K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9494 | +0.115% | $248K | $909K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9462 | +0.006% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9470 | +0.034% | $28.5M | $47.3M | 75x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9470 | +0.034% | $17.1M | $17.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9470 | +0.034% | $5.8M | $12.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9470 | +0.034% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9470 | +0.034% | $18.3M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9480 | +0.068% | $4.9M | $10.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9500 | +0.136% | $7.0M | $4.3M | 50x | as long as short |
| BingX ICP-USDTlong | +0.0100% | 8h | 2.9460 | long leg | — | $5.7M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9453 | −0.024% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9494 | +0.117% | $561K | $598K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9460 | 0.000% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9470 | +0.034% | $103K | $124K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9461 | +0.003% | $23K | $243K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0187% | 1h | 2.9498 | +0.128% | $512K | $589K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9480 | +0.068% | $1.2M | $2.4M | 75x | as long as short |
| Hyperliquid ICP | +0.0285% | 1h | 2.9538 | +0.265% | $4.6M | $4.3M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0424% | 1h | 2.9570 | +0.373% | $58K | $63K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0425% / S −0.0357% | 1h | 2.9475 | +0.051% | $30K | — | 100x | as long as short |
BingX ICP-USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
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
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]