Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Bitget against Extended+0.031%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.031%, 7d avg +0.051%
=Together, before fees−0.094%+ Points / potential airdropExtended: Active · farm board−$9 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: Bitget is 0.020% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9161 | 0.0104 | pay 0.0013% / 1h | 30m 01s | $22K | $239K | 10x |
| Short | Bitget ICPUSDT | 2.9170 | 0.0100 | get 0.0100% / 8h | 5h 30m | $6.9M | $4.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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: +0.031% → +0.051%
- −$2.03
- Slippage, 4 orders
- −$34.72
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.59
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from Extended: live order book, 15 min ago; Bitget: 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 Extended live order book, 15 min ago | 4.10 bp | 12.6 bp −$13 | 80.0 bp −$800 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.43 bp | 12.2 bp −$12 | 28.0 bp −$280 | doesn't fit | doesn't fit |
ICP on 27 exchanges
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 | −0.0333% | 1h | 2.9164 | +0.010% | $190 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0149% | 8h | 2.9190 | +0.100% | $1.7M | $702K | 50x | as long as short |
| Variational Omni ICP | −0.0146% | 8h | 2.9123 | −0.130% | $1.1M | $195K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9158 | −0.010% | $67K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9156 | −0.017% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.728% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9171 | +0.034% | $135K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9180 | +0.065% | $250K | $887K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9172 | +0.039% | $132K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9170 | +0.031% | $28.2M | $47.4M | 75x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9160 | −0.003% | $16.9M | $17.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9160 | −0.003% | $5.7M | $12.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9160 | −0.003% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9160 | −0.003% | $18.2M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9170 | +0.031% | $4.9M | $10.8M | 50x | as long as short |
| Bitget ICPUSDTshort | +0.0100% | 8h | 2.9170 | +0.031% | $6.9M | $4.3M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 2.9170 | +0.031% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9150 | −0.037% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9161 | +0.001% | $562K | $625K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9160 | −0.003% | $2K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9130 | −0.106% | $102K | $128K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9161 | long leg | $22K | $239K | 10x | |
| Kraken Futures PF_ICPUSD | +0.0189% | 1h | 2.9189 | +0.096% | $518K | $586K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9130 | −0.106% | $1.2M | $2.3M | 75x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0423% / S −0.0357% | 1h | 2.9173 | +0.042% | $30K | — | 100x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0424% | 1h | 2.9570 | +1.403% | $58K | $63K | 50x | as long as short |
| Hyperliquid ICP | +0.0456% | 1h | 2.9223 | +0.213% | $4.5M | $4.3M | 5x | as long as short |
Extended ICP-USD
Bitget ICPUSDT
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]
Coinbase International ICP-PERP-INTX
Hyperliquid ICP