Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.075%
Price spread now: MEXC against Variational Omni−0.165%7-day average +0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.434%−$43 · spread now −0.165%, 7d avg +0.074%
=Together, before fees−0.262%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.239% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of +0.074%). If the spread goes back, that is −$24 on $10k: about 40 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.172% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9809 | 0.0080 | pay 0.0080% / 8h | 5h 09m | $1.1M | $116K | — |
| Short | MEXC ICP_USDT | 2.9760 | 0.0100 | get 0.0100% / 8h | 5h 09m | $19.8M | $10.3M | 50x |
Variational Omni ICP
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- $4.17
- Price spread: −0.165% → +0.074%
- −$23.95
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$19.78
- Costs to cover
- 0.000%
- Break-even
- 40.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; MEXC: live order book, 4 min ago. 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 Variational Omni RFQ quote, 4 min ago | 4.39 bp | doesn't fit | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.67 bp | 4.6 bp −$5 | 10.8 bp −$108 | 55.9 bp −$5,591 | 134.0 bp −$67.0K |
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 | −0.0187% | 1h | 2.9754 | −0.185% | $265 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9831 | +0.072% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9770 | −0.131% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.484% | $202 | $200K | 12x | as long as short |
| Variational Omni ICPlong | +0.0080% | 8h | 2.9809 | long leg | $1.1M | $116K | — | |
| Lighter ICP | +0.0096% | 1h | 2.9792 | −0.058% | $160K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9778 | −0.104% | $274K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9817 | +0.025% | $135K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9760 | −0.165% | $29.3M | $53.2M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9750 | −0.199% | $17.3M | $18.9M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 2.9750 | −0.199% | $5.8M | $16.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9750 | −0.199% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9760 | −0.165% | $19.8M | $10.3M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | −0.199% | $4.8M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9770 | −0.131% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9760 | −0.165% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9866 | +0.192% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9842 | +0.112% | $567K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9760 | −0.165% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9800 | −0.031% | $104K | $181K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9740 | −0.232% | $1.8M | $794K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9754 | −0.185% | $23K | $122K | 10x | as long as short |
| Hyperliquid ICP | +0.0119% | 1h | 2.9789 | −0.068% | $4.6M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9890 | +0.271% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0294% | 1h | 2.9802 | −0.023% | $525K | $643K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9850 | +0.137% | $67K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9768 | −0.139% | $37K | — | 100x | as long as short |
OKX ICP-USDT-SWAP
Gate 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]