Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit+0.037%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.037%, 7d avg −0.002%
=Together, before fees+0.010%+ Points / potential airdropExtended: Active · farm board+$1 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 0.039% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 3.0310 | 0.0100 | pay 0.0100% / 8h | 7h 55m | $18.0M | $18.5M | 75x |
| Short | Extended ICP-USD | 3.0321 | 0.0104 | get 0.0013% / 1h | 55m 10s | $25K | $113K | 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: +0.037% → −0.002%
- $3.93
- Slippage, 4 orders
- −$37.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$48.37
- Costs to cover
- 0.531%
- Break-even
- 410.1 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 15 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 | 1.65 bp | 14.4 bp −$14 | 50.5 bp −$505 | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 3.98 bp | 12.8 bp −$13 | 78.5 bp −$785 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1026% | 8h | 3.0300 | −0.033% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0310% | 1h | 3.0314 | +0.013% | $270 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0122% | 1h | 3.0375 | +0.215% | $553K | $597K | 50x | as long as short |
| Variational Omni ICP | −0.0099% | 8h | 3.0431 | +0.399% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDT | −0.0025% | 8h | 3.0330 | +0.066% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0425 | +0.381% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0345 | +0.115% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.128% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0354 | +0.145% | $158K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0378 | +0.223% | $253K | $1.6M | 20x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter 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 | 3.0416 | +0.350% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0330 | +0.066% | $30.0M | $51.9M | 75x | as long as short |
| Bybit ICPUSDTlong | +0.0100% | 8h | 3.0310 | long leg | $18.0M | $18.5M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0320 | +0.033% | $6.1M | $16.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0330 | +0.066% | $19.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0310 | 0.000% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0340 | +0.099% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0350 | +0.132% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0358 | +0.159% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0380 | +0.231% | $585K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0320 | +0.033% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0310 | 0.000% | $106K | $239K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 3.0321 | +0.037% | $25K | $113K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0310 | 0.000% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0257% | 1h | 3.0381 | +0.234% | $4.7M | $5.1M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0380 | +0.231% | $63K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0334 | +0.079% | $38K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
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
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]