Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against MEXC−0.067%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.067%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.062% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 2.9670 | 0.0100 | pay 0.0100% / 8h | 1h 03m | $19.1M | $10.0M | 50x |
| Short | Gate ICP_USDT | 2.9650 | 0.0100 | get 0.0100% / 8h | 1h 03m | $1.9M | $2.9M | 50x |
MEXC ICP_USDT
Gate ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $0
- Price spread: −0.067% → −0.005%
- −$6.2
- Slippage, 4 orders
- −$32.31
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$53.51
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Gate: live order book, 4 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 MEXC live order book, 5 min ago | 1.68 bp | 4.5 bp −$4 | 9.7 bp −$97 | 56.0 bp −$5,601 | 124.0 bp −$62.0K |
| Sell Gate live order book, 4 min ago | 3.37 bp | 19.0 bp −$19 | 58.1 bp −$581 | 146.9 bp −$14.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0312% | 1h | 2.9677 | +0.023% | $525K | $651K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0256% | 1h | 2.9635 | −0.118% | $193 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0197% | 8h | 2.9570 | −0.337% | $1.8M | $681K | 50x | as long as short |
| Variational Omni ICP | −0.0037% | 8h | 2.9670 | −0.001% | $1.1M | $133K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9687 | +0.058% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9651 | −0.063% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.017% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9674 | +0.013% | $139K | $496K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9689 | +0.063% | $283K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9654 | −0.054% | $134K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
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 | 2.9661 | −0.031% | $29.1M | $48.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9640 | −0.101% | $17.3M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | −0.067% | $5.8M | $15.1M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9650 | −0.067% | $1.9M | $2.9M | 50x | |
| MEXC ICP_USDTlong | +0.0100% | 8h | 2.9670 | long leg | $19.1M | $10.0M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | −0.067% | $4.9M | $11.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9670 | 0.000% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | −0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9663 | −0.023% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9641 | −0.099% | $563K | $558K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9640 | −0.101% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9700 | +0.101% | $104K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9652 | −0.062% | $25K | $132K | 10x | as long as short |
| Hyperliquid ICP | +0.0118% | 1h | 2.9702 | +0.108% | $4.6M | $4.6M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9680 | +0.034% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9750 | +0.270% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0457% / S −0.0403% | 1h | 2.9650 | −0.069% | $33K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
GMX ICP/USD [WBTC.b-USDC]