Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: OKX against Bybit0.000%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.474% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now 0.000%, 7d avg +0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 3.0240 | 0.0100 | pay 0.0100% / 8h | 18m 52s | $18.0M | $18.4M | 75x |
| Short | OKX ICP-USDT-SWAP | 3.0240 | 0.0100 | get 0.0100% / 8h | 18m 52s | $6.1M | $16.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: 0.000% → +0.009%
- −$0.89
- Slippage, 4 orders
- −$26.37
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.27
- Costs to cover
- 0.474%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 1.65 bp | 11.9 bp −$12 | 38.5 bp −$385 | 588.1 bp −$58.8K | doesn't fit |
| Sell OKX live order book, 5 min ago | 3.30 bp | 10.7 bp −$11 | 34.1 bp −$341 | 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 | −0.1381% | 8h | 3.0330 | +0.298% | $1.8M | $765K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0312% | 1h | 3.0253 | +0.043% | $270 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0122% | 8h | 3.0296 | +0.185% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0015% | 8h | 3.0240 | 0.000% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0265 | +0.082% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0270 | +0.099% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.901% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0273 | +0.109% | $157K | $455K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0242 | +0.005% | $188K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0260 | +0.066% | $137K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0240 | 0.000% | $29.9M | $51.7M | 75x | as long as short |
| Bybit ICPUSDTlong | +0.0100% | 8h | 3.0240 | long leg | $18.0M | $18.4M | 75x | |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 3.0240 | 0.000% | $6.1M | $16.8M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0250 | +0.033% | $19.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0240 | 0.000% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0260 | +0.066% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0240 | 0.000% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0213 | −0.088% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0258 | +0.059% | $578K | $436K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0240 | 0.000% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0260 | +0.066% | $108K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0238 | −0.005% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0299 | +0.193% | $537K | $578K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0270 | +0.099% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.992% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0258% | 1h | 3.0301 | +0.201% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0265 | +0.084% | $38K | — | 100x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]