Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against HTX−0.099%59s7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1151.153% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 3 days (all we have)+0.134%+$13 · spread now −0.099%, 7d avg +0.053%
=Funding pays, the price is against you. BloFin is 0.152% cheaper against HTX than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.053%). If the spread goes back, that is −$15 on $10k: about 4.2 days of funding at the current rate (+$4 a day). The two prices were read 59 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 | HTX ICP-USDT | 3.0330 | 0.0100 | pay 0.0100% / 8h | 21m 47s | $108K | $222K | 20x |
| Short | BloFin ICP-USDT | 3.0300 | 0.0220 | get 0.0220% / 8h | 21m 47s | $1.3M | $2.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $25.2
- Price spread: −0.099% → +0.053%
- −$15.18
- Slippage, 4 orders
- −$91.26
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.24
- Costs to cover
- 1.153%
- Break-even
- 36.2 days
Slippage from HTX: live order book, 55 min ago; BloFin: live order book, 1 min ago.
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 HTX live order book, 55 min ago | 15.01 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.65 bp | 17.1 bp −$17 | 25.8 bp −$258 | 83.8 bp −$8,384 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1406% | 8h | 3.0370 | +0.132% | $1.8M | $765K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0244% | 1h | 3.0364 | +0.112% | $271 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0122% | 8h | 3.0212 | −0.391% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0015% | 8h | 3.0340 | +0.033% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0298 | −0.105% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0370 | +0.132% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.193% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0381 | +0.168% | $158K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0340 | +0.031% | $190K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0300 | −0.099% | $137K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0332 | +0.008% | $30.0M | $51.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0340 | +0.033% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0320 | −0.033% | $6.1M | $16.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0340 | +0.033% | $19.1M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0320 | −0.033% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0350 | +0.066% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0340 | +0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0178 | −0.501% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0232 | −0.322% | $577K | $436K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0340 | +0.033% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDTlong | +0.0100% | 8h | 3.0330 | long leg | $108K | $222K | 20x | |
| Extended ICP-USD | +0.0104% | 1h | 3.0335 | +0.017% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0391 | +0.201% | $539K | $578K | 50x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 3.0300 | −0.099% | $1.3M | $2.3M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.692% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0249% | 1h | 3.0378 | +0.158% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0376 | +0.151% | $38K | — | 100x | as long as short |
HTX ICP-USDT
BloFin ICP-USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]