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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against Binance0.000%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.018%−$2 · spread now 0.000%, 7d avg +0.004%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.98200.0100pay 0.0100% / 8h1h 55m$29.0M$49.0M75x
ShortBitget ICPUSDT2.98200.0100get 0.0100% / 8h1h 55m$6.8M$4.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: 0.000% → +0.004%
−$0.37
Slippage, 4 orders
−$30.39
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$52.77
Costs to cover
0.524%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 3 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 Binance live order book, 1 min ago1.68 bp12.4 bp −$1226.6 bp −$266308.7 bp −$30.9Kdoesn't fit
Sell Bitget live order book, 3 min ago3.36 bp16.9 bp −$1736.5 bp −$365doesn't fitdoesn't fit

ICP on 27 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
Phemex ICPUSDT−0.1260%8h2.9760−0.201%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0521%1h2.9825+0.017%$266$46450xas long as short
Variational Omni ICP−0.0222%8h2.9664−0.524%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.520%$202$200K12xas long as short
Gate ICP_USDT−0.0102%8h2.9790−0.101%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9827+0.025%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9836+0.052%$27K150xas long as short
Bybit ICPUSDT+0.0049%8h2.9800−0.067%$17.2M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9842+0.074%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9829+0.031%$182K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9820+0.001%$135K$11K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9820long leg$29.0M$49.0M75x
OKX ICP-USDT-SWAP+0.0100%8h2.9800−0.067%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9810−0.034%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9810−0.034%$5.2M$12.9M50xas long as short
Bitget ICPUSDTshort+0.0100%8h2.98200.000%$6.8M$4.4M50x
BingX ICP-USDT+0.0100%8h2.9810−0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9691−0.433%$23K$276K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9690−0.436%$568K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9810−0.034%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9790−0.101%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9815−0.017%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9790−0.101%$1.2M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9859+0.131%$489K$517K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9890+0.235%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9830+0.035%$31K100xas long as short
Hyperliquid ICP+0.0615%1h2.9877+0.190%$4.7M$5.0M5xas long as short