Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against SunX+0.102%56s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as 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−$1821.815% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.102%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.077% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.026%. The two prices were read 56 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 | SunX ICP-USDT | 2.9340 | 0.0100 | pay 0.0100% / 8h | 7h 29m | $1K | $1.5M | 20x |
| Short | BloFin ICP-USDT | 2.9370 | 0.0220 | get 0.0220% / 8h | 7h 29m | $1.2M | $2.4M | 75x |
SunX ICP-USDT
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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: +0.102% → +0.026%
- $7.65
- Slippage, 4 orders
- −$161.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$148.68
- Costs to cover
- 1.815%
- Break-even
- 48.3 days
Slippage from SunX: live order book, 5 min ago; BloFin: live order book, 3 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 SunX live order book, 5 min ago | 49.19 bp | 79.0 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.70 bp | 8.7 bp −$9 | 19.0 bp −$190 | 78.3 bp −$7,831 | 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 | −0.0342% | 1h | 2.9385 | +0.155% | $520K | $655K | 50x | as long as short |
| Variational Omni ICP | −0.0161% | 8h | 2.9360 | +0.069% | $1.0M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9378 | +0.128% | $68K | $1K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9347 | +0.024% | $191 | $439 | 50x | as long as short |
| Bybit ICPUSDT | +0.0004% | 8h | 2.9340 | 0.000% | $17.0M | $17.8M | 75x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9343 | +0.010% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.108% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9362 | +0.075% | $136K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9375 | +0.120% | $276K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9347 | +0.025% | $132K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
Bybit ICPUSDT
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 | 2.9360 | +0.068% | $28.7M | $48.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9350 | +0.034% | $5.7M | $14.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9350 | +0.034% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9360 | +0.068% | $18.9M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9370 | +0.102% | $4.9M | $11.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9370 | +0.102% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9360 | +0.068% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9428 | +0.301% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9480 | +0.477% | $560K | $589K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9340 | long leg | $1K | $1.5M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9350 | +0.034% | $103K | $114K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9350 | +0.034% | $1.7M | $686K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9352 | +0.041% | $22K | $233K | 10x | as long as short |
| Hyperliquid ICP | +0.0153% | 1h | 2.9401 | +0.208% | $4.5M | $4.6M | 5x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9370 | +0.102% | $1.2M | $2.4M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9540 | +0.682% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0454% / S −0.0403% | 1h | 2.9340 | +0.001% | $32K | — | 100x | as long as short |
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]