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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%
Price spread now: Extended against Binance−0.029%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.436% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.029%, 7d avg −0.033%
Together, before fees−0.034%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.98900.0100pay 0.0100% / 8h5h 15m$29.4M$53.3M75x
ShortExtended ICP-USD2.98810.0104get 0.0013% / 1h15m 56s$23K$122K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.029% → −0.033%
$0.47
Slippage, 4 orders
−$28.58
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$42.27
Costs to cover
0.436%
Break-even
359.2 days
Slippage from Binance: live order book, 11 min ago; Extended: live order book, 45 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, 11 min ago1.68 bp10.0 bp −$1022.3 bp −$223290.9 bp −$29.1Kdoesn't fit
Sell Extended live order book, 45 min ago3.17 bp11.7 bp −$1257.3 bp −$573doesn'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
Deribit ICP_USDC-PERPETUAL−0.0118%1h2.9902+0.040%$266$46450xas long as short
dYdX ICP-USD0.0000%1h2.9942+0.174%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9920+0.100%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.753%$202$200K12xas long as short
Variational Omni ICP+0.0079%8h2.9894+0.014%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9921+0.104%$161K$485K5xas long as short
Aster ICPUSDT+0.0100%8h2.9910+0.066%$275K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9924+0.114%$136K$10K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9890long leg$29.4M$53.3M75x
Bybit ICPUSDT+0.0100%8h2.98900.000%$17.4M$19.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9870−0.067%$5.8M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.98900.000%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9900+0.033%$19.9M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9880−0.033%$4.9M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h2.98900.000%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9910+0.067%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9952+0.209%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9953+0.209%$569K$483K10xas long as short
SunX ICP-USDT+0.0100%8h2.9900+0.033%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9900+0.033%$105K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9820−0.234%$1.8M$794K50xas long as short
Hyperliquid ICP+0.0101%1h2.9937+0.157%$4.6M$5.0M5xas long as short
Extended ICP-USDshort+0.0104%1h2.9881−0.029%$23K$122K10x
BloFin ICP-USDT+0.0220%8h2.9930+0.134%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0293%1h2.9944+0.182%$527K$641K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h3.0030+0.468%$68K$70K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h2.9909+0.062%$37K100xas long as short