Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: Bybit against edgeX+0.162%91s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)−1.216%−$122 · spread now +0.162%, 7d avg +0.020%
=Together, before fees−1.333%+ Points / potential airdropedgeX: Active · farm board−$133 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: Bybit is 0.143% dearer against edgeX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.020%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 3.0111 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $23K | $278K | 10x |
| Short | Bybit ICPUSDT | 3.0160 | 0.0100 | get 0.0100% / 8h | 6h 22m | $17.7M | $19.0M | 75x |
edgeX ICPUSDC
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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: +0.162% → +0.020%
- $14.26
- Slippage, 4 orders
- −$32.23
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.97
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 46 min ago; Bybit: live order book, 1 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 edgeX live order book, 46 min ago | 9.83 bp | 14.3 bp −$14 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.32 bp | 12.0 bp −$12 | 33.9 bp −$339 | 439.6 bp −$44.0K | doesn't fit |
ICP on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0147% | 1h | 3.0178 | +0.222% | $269 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0187 | +0.253% | $70K | $4K | 5x | as long as short |
| Variational Omni ICP | +0.0002% | 8h | 3.0160 | +0.162% | $1.1M | $118K | — | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0182 | +0.237% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.482% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0092% | 8h | 3.0110 | −0.004% | $1.8M | $793K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0202 | +0.302% | $165K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0180 | +0.229% | $281K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0189 | +0.257% | $137K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0169 | +0.193% | $29.8M | $53.9M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTshort | +0.0100% | 8h | 3.0160 | +0.162% | $17.7M | $19.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0130 | +0.063% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0170 | +0.195% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0170 | +0.195% | $19.5M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0160 | +0.162% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0180 | +0.229% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0170 | +0.195% | — | $6.0M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 3.0111 | long leg | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0171 | +0.200% | $585K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0160 | +0.162% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0140 | +0.096% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0165 | +0.178% | $22K | $131K | 10x | as long as short |
| Hyperliquid ICP | +0.0235% | 1h | 3.0197 | +0.285% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0180 | +0.229% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0510% / S −0.0480% | 1h | 3.0174 | +0.210% | $38K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0889% | 1h | 3.0214 | +0.343% | $548K | $611K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD