Funding you earn now, next payment 07:00 UTC−0.0357%/8h= −39.1% APRpaid last 24h −0.101%
Price spread now: OKX against GMX−0.103%72s7-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 −$11 a day on $10k at the current rate, and OKX is 0.103% cheaper against GMX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 72 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 | GMX ICP/USD [WBTC.b-USDC] | 2.9671 | L +0.0457% / S −0.0403% | pay 0.0057% / 1h | 14m 11s | $33K | — | 100x |
| Short | OKX ICP-USDT-SWAP | 2.9640 | 0.0100 | get 0.0100% / 8h | 1h 14m | $5.8M | $15.0M | 50x |
GMX ICP/USD [WBTC.b-USDC]
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$74.98
- Price spread: −0.103% → 0.000%
- −$10.29
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.27
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 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 GMX no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 1.68 bp | 10.7 bp −$11 | 33.5 bp −$335 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0312% | 1h | 2.9705 | +0.118% | $526K | $651K | 50x | as long as short |
| Phemex ICPUSDT | −0.0160% | 8h | 2.9580 | −0.305% | $1.8M | $678K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0087% | 1h | 2.9665 | −0.019% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0014% | 8h | 2.9600 | −0.238% | $1.1M | $133K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9659 | −0.039% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9681 | +0.035% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.019% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9685 | +0.049% | $140K | $495K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9700 | +0.099% | $280K | $1.1M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9669 | −0.007% | $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
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 | 2.9665 | −0.020% | $29.1M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9640 | −0.103% | $17.3M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9640 | −0.103% | $5.8M | $15.0M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9650 | −0.069% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9660 | −0.035% | $19.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9670 | −0.002% | $4.9M | $11.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9670 | −0.002% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9650 | −0.069% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9656 | −0.047% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9587 | −0.280% | $570K | $550K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9660 | −0.035% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9630 | −0.137% | $103K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9662 | −0.029% | $22K | $117K | 10x | as long as short |
| Hyperliquid ICP | +0.0110% | 1h | 2.9703 | +0.109% | $4.6M | $4.7M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9630 | −0.137% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9700 | +0.099% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0457% / S −0.0403% | 1h | 2.9671 | long leg | $33K | — | 100x |
Binance ICPUSDT
Bybit ICPUSDT
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
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX