ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0370%/8h= −40.5% APRnext payment −$0.46 per $10,000 · paid last 24h −0.118%

Price spread now: Deribit against Extended+0.032%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ICP-USD	2.9047	0.0104	pay 0.0013% / 1h	31m 24s	$23K	$134K	10x
Short	Deribit ICP_USDC-PERPETUAL	2.9056	−0.0266	pay 0.0033% / 1h	31m 24s	$189	$439	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee DeribitbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$77.7
Price spread: +0.032% → 0.000%: $3.2
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$86.5
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 14 min ago; Deribit: 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 Extended live order book, 14 min ago	3.94 bp	13.8 bp −$14	77.4 bp −$774	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Deribit ICP_USDC-PERPETUALshort	−0.0266%	1h	2.9056	+0.032%	$189	$439	50x
Kraken Futures PF_ICPUSD	−0.0069%	1h	2.9082	+0.121%	$482K	$645K	50x	as long as short
dYdX ICP-USD	0.0000%	1h	2.9103	+0.193%	$68K	$3K	5x	as long as short
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0002%	1h	2.9077	+0.103%	$10K	—	150x	as long as short
Injective ICP/USDC PERP	+0.0033%	1h	2.9665	+2.129%	$202	$200K	12x	as long as short
Variational Omni ICP	+0.0062%	8h	2.9140	+0.323%	$1.0M	$133K	—	as long as short
Lighter ICP	+0.0096%	1h	2.9091	+0.153%	$140K	$493K	5x	as long as short
Hyperliquid ICP	+0.0100%	1h	2.9102	+0.190%	$4.5M	$4.8M	5x	as long as short
Aster ICPUSDT	+0.0100%	8h	2.9093	+0.158%	$260K	$1.3M	20x	as long as short
Pacifica ICP	+0.0100%	1h	2.9089	+0.145%	$132K	$10K	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ICPUSDT	+0.0100%	8h	2.9054	+0.026%	$28.4M	$48.7M	75x	as long as short
Bybit ICPUSDT	+0.0100%	8h	2.9040	−0.023%	$17.0M	$17.9M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0100%	8h	2.9070	+0.080%	$5.6M	$14.7M	50x	as long as short
Gate ICP_USDT	+0.0100%	8h	2.9060	+0.046%	$1.8M	$2.8M	50x	as long as short
MEXC ICP_USDT	+0.0100%	8h	2.9060	+0.046%	$17.9M	$9.9M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	2.9060	+0.046%	$4.8M	$12.3M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	2.9080	+0.115%	$6.8M	$4.6M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	2.9070	+0.080%	—	$5.8M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	2.9072	+0.088%	$23K	$280K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	2.9066	+0.065%	$559K	$499K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	2.9060	+0.046%	$1K	$1.5M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	2.9070	+0.080%	$101K	$117K	20x	as long as short
Phemex ICPUSDT	+0.0100%	8h	2.9080	+0.115%	$1.7M	$708K	50x	as long as short
Extended ICP-USDlong	+0.0104%	1h	2.9047	long leg	$23K	$134K	10x
BloFin ICP-USDT	+0.0220%	8h	2.9080	+0.115%	$1.2M	$2.4M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0336%	1h	2.9260	+0.734%	$57K	$69K	50x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0431% / S −0.0367%	1h	2.9066	+0.067%	$30K	—	100x	as long as short