Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.011%
Price spread now: dYdX against Gate+0.150%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.150% dearer against Gate than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days. At the pace of the last 7 days (−0.050% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ICP_USDT | 2.9650 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $1.9M | $2.6M | 50x |
| Short | dYdX ICP-USD | 2.9694 | 0 | get 0.0000% / 1h | 58m 31s | $68K | $2K | 5x |
Gate ICP_USDT
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Gate. 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
- −$21
- Price spread: +0.150% → 0.000%
- $14.95
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$31.05
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; dYdX: 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 Gate live order book, 4 min ago | 3.37 bp | 26.6 bp −$27 | 48.5 bp −$485 | 70.1 bp −$7,013 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0402% | 8h | 2.9680 | +0.101% | $1.8M | $693K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0188% | 1h | 2.9689 | +0.132% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0162% | 8h | 2.9680 | +0.100% | $1.1M | $143K | — | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 2.9694 | +0.150% | $68K | $2K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9740 | +0.304% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.051% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0091% | 8h | 2.9650 | 0.000% | $17.2M | $17.6M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9694 | +0.148% | $136K | $467K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9680 | +0.101% | $258K | $968K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9686 | +0.121% | $134K | $9K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 2.9670 | +0.067% | $29.0M | $47.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9660 | +0.034% | $5.8M | $13.7M | 50x | as long as short |
| Gate ICP_USDTlong | +0.0100% | 8h | 2.9650 | long leg | $1.9M | $2.6M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9670 | +0.067% | $19.0M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9660 | +0.034% | $4.8M | $11.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9690 | +0.135% | $7.1M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9670 | +0.067% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9716 | +0.223% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9718 | +0.228% | $564K | $580K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9680 | +0.101% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.236% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9664 | +0.046% | $22K | $236K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9690 | +0.135% | $1.2M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0350% | 1h | 2.9733 | +0.281% | $527K | $590K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0448% | 1h | 2.9830 | +0.607% | $58K | $67K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0455% / S −0.0403% | 1h | 2.9722 | +0.241% | $33K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0532% | 1h | 2.9730 | +0.270% | $4.6M | $4.5M | 5x | as long as short |
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
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