Settings8H · net · $10k
Funding arb · Price arb /

ICP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Aster+0.198%70s7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.669% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.789%+$79 · spread now +0.198%, 7d avg −0.113%
Together, before fees+0.795%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$79 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.311% dearer against Aster than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of −0.113%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ICPUSDT3.00150.0100pay 0.0100% / 8h6h 08m$279K$1.7M20x
ShortedgeX ICPUSDC3.00740.0100get 0.0050% / 4h2h 08m$23K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.198% → −0.113%
$31.08
Slippage, 4 orders
−$49.95
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$35.87
Costs to cover
0.669%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; edgeX: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago3.32 bp21.8 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 59 min ago9.83 bp14.8 bp −$1530.4 bp −$304doesn't fitdoesn't fit

ICP on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0016%1h3.0052+0.124%$268$46450xas long as short
Phemex ICPUSDT−0.0014%8h2.9960−0.182%$1.8M$798K50xas long as short
dYdX ICP-USD0.0000%1h2.9988−0.089%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0053+0.127%$23K150xas long as short
Variational Omni ICP+0.0014%8h3.0080+0.217%$1.1M$116Kas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.165%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0021+0.021%$163K$492K5xas long as short
Aster ICPUSDTlong+0.0100%8h3.0015long leg$279K$1.7M20x
Pacifica ICP+0.0100%1h2.9982−0.110%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0041+0.089%$29.7M$53.7M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0030+0.051%$17.6M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0020+0.018%$5.8M$17.1M50xas long as short
Gate ICP_USDT+0.0100%8h3.0030+0.051%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0030+0.051%$19.4M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0020+0.018%$4.9M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0040+0.084%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0030+0.051%$6.0Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0074+0.198%$23K$279K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0113+0.327%$584K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9960−0.182%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9940−0.249%$105K$239K20xas long as short
Extended ICP-USD+0.0104%1h2.9972−0.143%$22K$125K10xas long as short
Hyperliquid ICP+0.0137%1h3.0057+0.141%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0140+0.418%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0050+0.118%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0895%1h3.0011−0.013%$544K$609K50xas long as short