Funding you earn now, next payment 00:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against HTX+0.302%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1291.295% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 3 days (all we have)−0.180%−$18 · spread now +0.302%, 7d avg +0.024%
=The price spread pays, funding is against you. Bybit is 0.279% dearer against HTX than usual: you sell high and buy low (spread +0.302% now, against its 7-day average of +0.024%): +$28 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ICP-USDT | 2.9770 | 0.0100 | pay 0.0100% / 8h | 2h 21m | $106K | $219K | 20x |
| Short | Bybit ICPUSDT | 2.9860 | 0.0016 | get 0.0016% / 8h | 2h 21m | $17.2M | $17.6M | 75x |
HTX ICP-USDT
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$17.57
- Price spread: +0.302% → +0.024%
- $27.88
- Slippage, 4 orders
- −$106.48
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.17
- Costs to cover
- 1.295%
- Break-even
- never at this rate
Slippage from HTX: live order book, 65 min ago; Bybit: live order book, 2 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, 65 min ago | 18.52 bp | 24.5 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.35 bp | 11.4 bp −$11 | 32.4 bp −$324 | 454.5 bp −$45.4K | 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 | −0.1415% | 8h | 2.9680 | −0.302% | $1.7M | $779K | 50x | as long as short |
| Variational Omni ICP | −0.0245% | 8h | 2.9864 | +0.316% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.353% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0185% | 1h | 2.9878 | +0.363% | $266 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0091% | 8h | 2.9850 | +0.269% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9889 | +0.399% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9887 | +0.392% | $27K | — | 150x | as long as short |
| Bybit ICPUSDTshort | +0.0016% | 8h | 2.9860 | +0.302% | $17.2M | $17.6M | 75x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9882 | +0.375% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9883 | +0.378% | $135K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
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 | 2.9870 | +0.336% | $29.1M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9860 | +0.302% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9880 | +0.369% | $19.2M | $8.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9880 | +0.369% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9880 | +0.369% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9870 | +0.336% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9874 | +0.350% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9871 | +0.340% | $572K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9880 | +0.369% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDTlong | +0.0100% | 8h | 2.9770 | long leg | $106K | $219K | 20x | |
| Extended ICP-USD | +0.0104% | 1h | 2.9868 | +0.329% | $24K | $123K | 10x | as long as short |
| Lighter ICP | +0.0144% | 1h | 2.9902 | +0.443% | $167K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9902 | +0.443% | $490K | $518K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9860 | +0.302% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9890 | +0.403% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0533% / S −0.0529% | 1h | 2.9877 | +0.358% | $40K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0873% | 1h | 2.9929 | +0.534% | $4.7M | $5.0M | 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
Extended ICP-USD
Lighter ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP