Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit+0.090%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.090%, 7d avg −0.001%
=Together, before fees−0.052%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.091% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9430 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $17.2M | $17.9M | 75x |
| Short | Extended ICP-USD | 2.9456 | 0.0104 | get 0.0013% / 1h | 55m 31s | $23K | $127K | 10x |
Bybit ICPUSDT
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $0.84
- Price spread: +0.090% → −0.001%
- $9.1
- Slippage, 4 orders
- −$33.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.82
- Costs to cover
- 0.498%
- Break-even
- 338.9 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 50 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 Bybit live order book, 3 min ago | 1.69 bp | 11.9 bp −$12 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Extended live order book, 50 min ago | 3.94 bp | 12.5 bp −$13 | 82.0 bp −$820 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0314% | 1h | 2.9479 | +0.165% | $522K | $664K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0293% | 1h | 2.9471 | +0.139% | $192 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0126% | 8h | 2.9460 | +0.102% | $1.8M | $676K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9475 | +0.152% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9501 | +0.243% | $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 | +0.0047% | 8h | 2.9450 | +0.067% | $1.0M | $132K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9471 | +0.139% | $139K | $495K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9510 | +0.272% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9478 | +0.162% | $262K | $1.2M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
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 | 2.9486 | +0.189% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9451 | +0.070% | $28.8M | $48.9M | 75x | as long as short |
| Bybit ICPUSDTlong | +0.0100% | 8h | 2.9430 | long leg | $17.2M | $17.9M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9450 | +0.068% | $5.7M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9440 | +0.034% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | +0.102% | $18.6M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9470 | +0.136% | $4.8M | $12.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9470 | +0.136% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9460 | +0.102% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9529 | +0.338% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9498 | +0.232% | $568K | $524K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9470 | +0.136% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9440 | +0.034% | $103K | $118K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9456 | +0.090% | $23K | $127K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9590 | +0.544% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9650 | +0.748% | $58K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9494 | +0.219% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]