Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.032%
Price spread now: Injective against edgeX−2.283%107s7-day average +0.990% · 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 3 days (all we have)+2.527%+$253 · spread now −2.283%, 7d avg +0.990%
=Together, before fees+2.327%+ Points / potential airdropedgeX: Active · farm board+$233 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 3.273% cheaper against edgeX than usual: you would sell low and buy high (−$327 if the spread goes back to its 7-day average of +0.990%). 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 | 3.0358 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $23K | $278K | 10x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 55m 36s | $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: −2.283% → +0.990%
- −$327.28
- 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
- −$350.3
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 17 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, 17 min ago | 8.29 bp | 12.8 bp −$13 | 26.4 bp −$264 | 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 | −0.1503% | 8h | 3.0420 | +0.204% | $1.8M | $761K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0121% | 1h | 3.0495 | +0.452% | $555K | $597K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0111% | 1h | 3.0445 | +0.286% | $271 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0099% | 8h | 3.0431 | +0.240% | $1.1M | $108K | — | as long as short |
| Gate ICP_USDT | −0.0025% | 8h | 3.0370 | +0.039% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0425 | +0.222% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0445 | +0.286% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | −2.283% | $202 | $200K | 12x | |
| HTX ICP-USDT | +0.0060% | 8h | 3.0410 | +0.171% | $106K | $238K | 20x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0418 | +0.197% | $158K | $450K | 5x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
HTX ICP-USDT
Lighter ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 3.0420 | +0.203% | $253K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0416 | +0.191% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0335 | −0.077% | $30.0M | $51.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0330 | −0.093% | $18.0M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0320 | −0.126% | $6.1M | $16.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0380 | +0.072% | $19.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0380 | +0.072% | $5.2M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0350 | −0.027% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0380 | +0.072% | — | $5.2M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 3.0358 | long leg | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0380 | +0.073% | $585K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0440 | +0.270% | $2K | $1.8M | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0386 | +0.091% | $25K | $113K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0310 | −0.158% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0264% | 1h | 3.0461 | +0.339% | $4.8M | $5.1M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0410 | +0.171% | $64K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0510% / S −0.0480% | 1h | 3.0442 | +0.277% | $38K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]