Funding you earn now, next payment 07:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.029%
Price spread now: Injective against Extended−0.030%100s7-day average +0.844% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.030%, 7d avg +0.844%
=Together, before fees+0.061%+ Points / potential airdropExtended: Active · farm board+$6 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 0.874% cheaper against Extended than usual: you would sell low and buy high (−$87 if the spread goes back to its 7-day average of +0.844%). Swap the legs. The two prices were read 100 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 | Extended ICP-USD | 2.9674 | 0.0104 | pay 0.0013% / 1h | 5m 35s | $22K | $117K | 10x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 5m 35s | $202 | $200K | 12x |
Extended ICP-USD
Injective ICP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14.84
- Price spread: −0.030% → +0.844%
- −$87.39
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$107.25
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 35 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 Extended live order book, 35 min ago | 3.91 bp | 13.4 bp −$13 | 73.3 bp −$733 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0312% | 1h | 2.9730 | +0.187% | $526K | $651K | 50x | as long as short |
| Phemex ICPUSDT | −0.0192% | 8h | 2.9580 | −0.317% | $1.8M | $680K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0053% | 1h | 2.9689 | +0.051% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0037% | 8h | 2.9670 | −0.014% | $1.1M | $133K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9714 | +0.135% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9717 | +0.144% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | −0.030% | $202 | $200K | 12x | |
| Lighter ICP | +0.0096% | 1h | 2.9706 | +0.108% | $139K | $496K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9703 | +0.099% | $281K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9688 | +0.049% | $134K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
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 | 2.9680 | +0.019% | $29.1M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9650 | −0.081% | $17.3M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9660 | −0.047% | $5.8M | $15.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9680 | +0.020% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9690 | +0.054% | $19.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9680 | +0.020% | $4.9M | $11.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9700 | +0.088% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9680 | +0.020% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9683 | +0.030% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9677 | +0.011% | $564K | $558K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9710 | +0.121% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.155% | $104K | $112K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9674 | long leg | $22K | $117K | 10x | |
| Hyperliquid ICP | +0.0121% | 1h | 2.9732 | +0.196% | $4.6M | $4.6M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9720 | +0.155% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9680 | +0.020% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0457% / S −0.0403% | 1h | 2.9718 | +0.147% | $33K | — | 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
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]