Funding you earn now, next payment 09:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h −0.001%
Price spread now: Bybit against dYdX−0.074%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.074% cheaper against dYdX than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.091% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ICP-USD | 2.9722 | 0 | get 0.0000% / 1h | 0m 26s | $69K | $2K | 5x |
| Short | Bybit ICPUSDT | 2.9700 | 0.0088 | get 0.0088% / 8h | 7h 00m | $17.2M | $17.6M | 75x |
dYdX ICP-USD
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- $18.5
- Price spread: −0.074% → 0.000%
- −$7.41
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.91
- Costs to cover
- 0.210%
- Break-even
- 10.7 days
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 3 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 1.68 bp | 10.0 bp −$10 | 25.4 bp −$254 | doesn't fit | doesn't fit |
dYdX: 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 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 | −0.0393% | 8h | 2.9700 | −0.074% | $1.8M | $692K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0337% | 1h | 2.9770 | +0.162% | $527K | $590K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0187% | 1h | 2.9718 | −0.014% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0162% | 8h | 2.9680 | −0.143% | $1.1M | $143K | — | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 2.9722 | long leg | $69K | $2K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9740 | +0.060% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.192% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDTshort | +0.0088% | 8h | 2.9700 | −0.074% | $17.2M | $17.6M | 75x | |
| Lighter ICP | +0.0096% | 1h | 2.9739 | +0.057% | $136K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9720 | −0.006% | $273K | $968K | 20x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
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 | 2.9739 | +0.056% | $134K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9730 | +0.027% | $29.0M | $47.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9740 | +0.060% | $5.8M | $13.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9730 | +0.027% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9710 | −0.040% | $19.0M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9710 | −0.040% | $5.0M | $11.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9730 | +0.027% | $7.1M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.007% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9766 | +0.149% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9773 | +0.171% | $565K | $580K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.007% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9730 | +0.027% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9703 | −0.065% | $22K | $236K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9730 | +0.027% | $1.3M | $2.4M | 75x | as long as short |
| Hyperliquid ICP | +0.0330% | 1h | 2.9780 | +0.195% | $4.6M | $4.5M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9830 | +0.363% | $58K | $67K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0455% / S −0.0403% | 1h | 2.9722 | −0.002% | $33K | — | 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
Extended ICP-USD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]