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: HTX against Binance−0.086%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.086%, 7d avg −0.053%
Together, before fees+0.028%+$3 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: HTX is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.98660.0100pay 0.0100% / 8h2h 24m$29.1M$48.9M75x
ShortHTX ICP-USDT2.98400.0100get 0.0100% / 8h2h 24m$106K$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.086% → −0.053%
−$3.29
Slippage, 4 orders
−$103.87
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$129.16
Costs to cover
1.259%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; HTX: live order book, 62 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, 3 min ago1.67 bp10.0 bp −$1028.0 bp −$280336.0 bp −$33.6Kdoesn't fit
Sell HTX live order book, 62 min ago18.52 bp82.1 bp −$82doesn't fitdoesn'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−0.1410%8h2.9690−0.588%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0285%1h2.9870+0.014%$266$46450xas long as short
Variational Omni ICP−0.0245%8h2.9864−0.006%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.672%$202$200K12xas long as short
Gate ICP_USDT−0.0099%8h2.9850−0.053%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9889+0.077%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9877+0.037%$27K150xas long as short
Bybit ICPUSDT+0.0008%8h2.9860−0.019%$17.2M$17.6M75xas long as short
Aster ICPUSDT+0.0100%8h2.9880+0.047%$188K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9878+0.041%$135K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDTlong+0.0100%8h2.9866long leg$29.1M$48.9M75x
OKX ICP-USDT-SWAP+0.0100%8h2.9850−0.053%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9870+0.014%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9870+0.014%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9880+0.048%$6.9M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9860−0.019%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9855−0.035%$23K$276K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9854−0.039%$572K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9860−0.019%$2K$1.7M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9840−0.086%$106K$219K20x
Extended ICP-USD+0.0104%1h2.9862−0.011%$24K$123K10xas long as short
Lighter ICP+0.0136%1h2.9903+0.125%$167K$442K5xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9893+0.091%$490K$517K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9890+0.081%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9890+0.081%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0533% / S −0.0529%1h2.9872+0.021%$40K100xas long as short
Hyperliquid ICP+0.0870%1h2.9928+0.209%$4.7M$5.0M5xas long as short