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: SunX against Binance−0.034%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1671.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.034%, 7d avg −0.026%
Together, before fees+0.106%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.97300.0100pay 0.0100% / 8h2h 32m$28.9M$48.7M75x
ShortSunX ICP-USDT2.97200.0100get 0.0100% / 8h2h 32m$1K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.034% → −0.026%
−$0.8
Slippage, 4 orders
−$149.33
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$168.13
Costs to cover
1.673%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; SunX: live order book, 12 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, 9 min ago1.68 bp11.7 bp −$1223.1 bp −$231317.2 bp −$31.7Kdoesn't fit
Sell SunX live order book, 12 min ago48.80 bp74.5 bp −$74doesn'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−0.1311%8h2.9620−0.370%$1.7M$782K50xas long as short
Variational Omni ICP−0.0263%8h2.9734+0.013%$1.1M$119Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0254%1h2.9729−0.003%$265$46450xas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.219%$202$200K12xas long as short
Gate ICP_USDT−0.0115%8h2.9720−0.034%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0019%8h2.97300.000%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9755+0.083%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9747+0.056%$27K150xas long as short
Lighter ICP+0.0096%1h2.9762+0.108%$166K$442K5xas long as short
OKX ICP-USDT-SWAP+0.0099%8h2.9710−0.067%$5.8M$15.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9747+0.056%$187K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9763+0.110%$135K$11K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9730long leg$28.9M$48.7M75x
MEXC ICP_USDT+0.0100%8h2.97300.000%$19.6M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9740+0.034%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9750+0.067%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.97300.000%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9767+0.123%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9778+0.162%$571K$481K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9720−0.034%$1K$1.7M20x
HTX ICP-USDT+0.0100%8h2.9720−0.034%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9726−0.013%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9764+0.114%$495K$510K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9720−0.034%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9760+0.101%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9737+0.022%$31K100xas long as short
Hyperliquid ICP+0.0937%1h2.9787+0.192%$4.7M$5.0M5xas long as short