Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.065%
Price spread now: Variational Omni against Gate−0.001%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.427%+$43 · spread now −0.001%, 7d avg −0.054%
=Together, before fees+0.334%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.052% dearer against Gate than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.054%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 3 days (−0.093% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ICP_USDT | 2.9410 | 0.0100 | pay 0.0100% / 8h | 4h 45m | $1.8M | $3.0M | 50x |
| Short | Variational Omni ICP | 2.9410 | 0.0087 | get 0.0087% / 8h | 4h 45m | $1.1M | $116K | — |
Gate ICP_USDT
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$2.74
- Price spread: −0.001% → −0.054%
- $5.22
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$12.52
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 2 min ago | 3.40 bp | 16.2 bp −$16 | 41.5 bp −$415 | 65.3 bp −$6,535 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 6.10 bp | doesn't fit | 41.5 bp −$415 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9445 | +0.118% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9437 | +0.092% | $262 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9433 | +0.077% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.867% | $202 | $200K | 12x | as long as short |
| Variational Omni ICPshort | +0.0087% | 8h | 2.9410 | −0.001% | $1.1M | $116K | — | |
| Lighter ICP | +0.0096% | 1h | 2.9451 | +0.139% | $157K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9440 | +0.102% | $267K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9425 | +0.051% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9424 | +0.047% | $28.9M | $51.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9400 | −0.034% | $17.0M | $18.6M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9430 | +0.068% | $5.6M | $16.5M | 50x | as long as short |
| Gate ICP_USDTlong | +0.0100% | 8h | 2.9410 | long leg | $1.8M | $3.0M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9420 | +0.034% | $19.7M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9420 | +0.034% | $4.8M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9440 | +0.102% | $6.9M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9420 | +0.034% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9429 | +0.064% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9442 | +0.109% | $569K | $464K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9420 | +0.034% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9410 | 0.000% | $103K | $175K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9430 | +0.068% | $1.7M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9414 | +0.014% | $22K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9430 | +0.068% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9710 | +1.020% | $67K | $63K | 50x | as long as short |
| Hyperliquid ICP | +0.0333% | 1h | 2.9450 | +0.136% | $4.6M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0503% / S −0.0480% | 1h | 2.9429 | +0.063% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0573% | 1h | 2.9462 | +0.176% | $518K | $625K | 50x | as long as short |
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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD