Funding you earn now, next payment 00:00 UTC−0.0409%/8h= −44.8% APRpaid last 24h −0.078%
Price spread now: BingX against GMX−0.184%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BingX is 0.184% cheaper against GMX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 3.0376 | L +0.0509% / S −0.0480% | pay 0.0064% / 1h | 21m 39s | $38K | — | 100x |
| Short | BingX ICP-USDT | 3.0320 | 0.0100 | get 0.0100% / 8h | 21m 39s | — | $5.2M | — |
GMX ICP/USD [WBTC.b-USDC]
BingX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- −$85.95
- Price spread: −0.184% → 0.000%
- −$18.42
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$126.36
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 14 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 1.65 bp | 10.6 bp −$11 | 17.7 bp −$177 | 55.1 bp −$5,508 | 474.3 bp −$237.1K |
GMX: 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 | −0.1406% | 8h | 3.0370 | −0.020% | $1.8M | $765K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0244% | 1h | 3.0364 | −0.039% | $271 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0122% | 8h | 3.0212 | −0.541% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0018% | 8h | 3.0310 | −0.217% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0325 | −0.168% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0370 | −0.020% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.340% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0338 | −0.125% | $158K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0334 | −0.138% | $190K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0336 | −0.131% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 3.0310 | −0.217% | $30.0M | $51.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0310 | −0.217% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0290 | −0.283% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0320 | −0.184% | $19.1M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0320 | −0.184% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0330 | −0.151% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDTshort | +0.0100% | 8h | 3.0320 | −0.184% | — | $5.2M | — | |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0178 | −0.651% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0232 | −0.473% | $577K | $436K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0340 | −0.118% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0330 | −0.151% | $108K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0304 | −0.235% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0391 | +0.050% | $539K | $578K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0300 | −0.250% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.540% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0249% | 1h | 3.0378 | +0.007% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0509% / S −0.0480% | 1h | 3.0376 | long leg | $38K | — | 100x |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP