Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.002%
Price spread now: dYdX against Injective+0.176%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.176% dearer against Injective than usual: you sell high and buy low (spread +0.176% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 7 days (−0.012% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ICP/USDC PERP | 2.9665 | 0.0033 | pay 0.0004% / 1h | 8m 19s | $202 | $200K | 12x |
| Short | dYdX ICP-USD | 2.9717 | 0 | get 0.0000% / 1h | 8m 19s | $69K | $4K | 5x |
Injective ICP/USDC PERP
dYdX ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Injective. 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
- −$7
- Price spread: +0.176% → 0.000%
- $17.59
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $0.57
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; dYdX: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Injective and dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0053% | 1h | 2.9728 | +0.212% | $265 | $464 | 50x | as long as short |
| dYdX ICP-USDshort | 0.0000% | 1h | 2.9717 | +0.176% | $69K | $4K | 5x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9732 | +0.227% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERPlong | +0.0033% | 1h | 2.9665 | long leg | $202 | $200K | 12x | |
| Variational Omni ICP | +0.0080% | 8h | 2.9809 | +0.486% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9757 | +0.310% | $160K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9736 | +0.241% | $273K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9741 | +0.258% | $135K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9730 | +0.219% | $29.3M | $53.2M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9720 | +0.185% | $17.2M | $18.9M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Variational Omni ICP
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 | 2.9720 | +0.185% | $5.8M | $16.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9710 | +0.152% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9730 | +0.219% | $19.8M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9720 | +0.185% | $4.8M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9740 | +0.253% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.185% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9832 | +0.563% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9882 | +0.731% | $567K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.185% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9680 | +0.051% | $104K | $181K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9710 | +0.152% | $1.8M | $794K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9722 | +0.192% | $23K | $122K | 10x | as long as short |
| Hyperliquid ICP | +0.0123% | 1h | 2.9769 | +0.351% | $4.6M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9760 | +0.320% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0295% | 1h | 2.9767 | +0.345% | $525K | $643K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9760 | +0.320% | $67K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9729 | +0.215% | $37K | — | 100x | as long as short |
OKX ICP-USDT-SWAP
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
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]