Funding you earn now, next payment 20:00 UTC+0.0257%/8h= +28.2% APRpaid last 24h +0.088%
Price spread now: GMX against SunX+0.079%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.079% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9750 | 0.0100 | pay 0.0100% / 8h | 4h 07m | $1K | $1.1M | 20x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9774 | L +0.0427% / S −0.0357% | get 0.0045% / 1h | 7m 02s | $30K | — | 100x |
SunX ICP-USDT
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $54.05
- Price spread: +0.079% → 0.000%
- $7.93
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $41.97
- Costs to cover
- 0.200%
- Break-even
- 1.6 days
Slippage unknown: SunX: live order book, 7 min ago; GMX: 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 SunX live order book, 7 min ago | 48.76 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 exchanges
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 | −0.0396% | 8h | 2.9720 | −0.101% | $1.7M | $607K | 50x | as long as short |
| Injective ICP/USDC PERP | −0.0312% | 1h | 2.9475 | −0.924% | $197 | $229K | 12x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0128% | 1h | 2.9807 | +0.190% | $526K | $551K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0052% | 1h | 2.9765 | +0.050% | $10K | $10K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9764 | +0.047% | $69K | $843 | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9771 | +0.069% | $6K | — | 150x | as long as short |
| Variational Omni ICP | +0.0081% | 8h | 2.9727 | −0.077% | $1.1M | $154K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9781 | +0.104% | $129K | $277K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9779 | +0.097% | $139K | $944K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9768 | +0.060% | $134K | $8K | 5x | as long as short |
Phemex ICPUSDT
Injective ICP/USDC PERP
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9780 | +0.101% | $28.5M | $43.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9760 | +0.034% | $17.7M | $14.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9760 | +0.034% | $5.7M | $11.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9770 | +0.067% | $2.0M | $2.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9760 | +0.034% | $17.6M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9770 | +0.067% | $4.7M | $8.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9770 | +0.067% | $7.2M | $3.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9760 | +0.034% | — | $4.4M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9731 | −0.064% | $22K | $336K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9728 | −0.073% | $575K | $766K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9750 | long leg | $1K | $1.1M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | −0.101% | $105K | $90K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9755 | +0.016% | $18K | $286K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9770 | +0.067% | $1.3M | $816K | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0264% | 1h | 2.9950 | +0.672% | $69K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0427% / S −0.0357% | 1h | 2.9774 | +0.079% | $30K | — | 100x | |
| Hyperliquid ICP | +0.0776% | 1h | 2.9840 | +0.303% | $4.8M | $2.6M | 5x | as long as short |
Binance ICPUSDT
Bybit 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
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP