Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.032%
Price spread now: Injective against edgeX−0.089%107s7-day average +0.859% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+0.489%+$49 · spread now −0.089%, 7d avg +0.859%
=Together, before fees+0.289%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.949% cheaper against edgeX than usual: you would sell low and buy high (−$95 if the spread goes back to its 7-day average of +0.859%). Swap the legs. The two prices were read 107 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 | 2.9692 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $23K | $278K | 10x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 55m 30s | $202 | $200K | 12x |
edgeX ICPUSDC
Injective ICP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.089% → +0.859%
- −$94.87
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$117.89
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 37 min ago; Injective: no order-book sample. 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 edgeX live order book, 37 min ago | 6.80 bp | 11.3 bp −$11 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0349% | 8h | 2.9620 | −0.241% | $1.8M | $692K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0189% | 1h | 2.9608 | −0.281% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0163% | 8h | 2.9599 | −0.311% | $1.1M | $143K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9554 | −0.464% | $68K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9740 | +0.163% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | −0.089% | $202 | $200K | 12x | |
| Bybit ICPUSDT | +0.0081% | 8h | 2.9460 | −0.780% | $17.0M | $17.6M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9580 | −0.376% | $136K | $467K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9518 | −0.585% | $256K | $969K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9562 | −0.435% | $133K | $9K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9484 | −0.698% | $28.8M | $47.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9450 | −0.814% | $5.8M | $13.6M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9510 | −0.611% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9530 | −0.544% | $18.9M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9530 | −0.544% | $4.8M | $11.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9480 | −0.712% | $7.0M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9530 | −0.544% | — | $5.7M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9692 | long leg | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9722 | +0.102% | $575K | $582K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9610 | −0.275% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.308% | $103K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9521 | −0.574% | $22K | $236K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9740 | +0.163% | $1.2M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0351% | 1h | 2.9657 | −0.116% | $524K | $590K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0448% | 1h | 2.9830 | +0.466% | $58K | $67K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0455% / S −0.0403% | 1h | 2.9640 | −0.172% | $33K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0491% | 1h | 2.9521 | −0.574% | $4.6M | $4.5M | 5x | as long as short |
Binance 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
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP