Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against edgeX−0.045%53s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$490.495% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)−1.001%−$100 · spread now −0.045%, 7d avg +0.019%
=Together, before fees−1.062%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$106 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 0.064% cheaper against edgeX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 53 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 | 2.9949 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $23K | $281K | 10x |
| Short | Extended ICP-USD | 2.9936 | 0.0104 | get 0.0013% / 1h | 58m 32s | $22K | $123K | 10x |
edgeX ICPUSDC
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.045% → +0.019%
- −$6.36
- Slippage, 4 orders
- −$35.47
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$54.99
- Costs to cover
- 0.495%
- Break-even
- 465.2 days
Slippage from edgeX: live order book, 4 min ago; Extended: live order book, 2 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, 4 min ago | 8.34 bp | 12.8 bp −$13 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.17 bp | 11.7 bp −$12 | 57.3 bp −$573 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9939 | −0.032% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9938 | −0.037% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9933 | −0.053% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0029% | 8h | 2.9930 | −0.064% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.948% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0067% | 8h | 2.9960 | +0.037% | $1.8M | $798K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9961 | +0.040% | $163K | $482K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9977 | +0.094% | $4.6M | $5.0M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9955 | +0.019% | $286K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9943 | −0.020% | $136K | $11K | 5x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Phemex ICPUSDT
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9934 | −0.049% | $29.5M | $53.1M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9920 | −0.097% | $17.5M | $18.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9910 | −0.130% | $5.8M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9930 | −0.063% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9940 | −0.030% | $19.0M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9930 | −0.063% | $4.9M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9950 | +0.004% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9920 | −0.097% | — | $6.0M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9949 | long leg | $23K | $281K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9979 | +0.100% | $582K | $480K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9920 | −0.097% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.063% | $105K | $182K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9936 | −0.045% | $22K | $123K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0293% | 1h | 2.9970 | +0.069% | $543K | $610K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 3.0140 | +0.638% | $65K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 2.9937 | −0.040% | $37K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]