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: Binance against BingX−0.057%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 days+0.069%+$7 · spread now −0.057%, 7d avg +0.016%
Together, before fees+0.027%+$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: Binance is 0.073% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.97900.0100pay 0.0100% / 8h1h 54m$4.9M
ShortBinance ICPUSDT2.97730.0100get 0.0100% / 8h1h 54m$28.9M$48.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.057% → +0.016%
−$7.26
Slippage, 4 orders
−$23.17
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$50.43
Costs to cover
0.432%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Binance: 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 BingX live order book, 11 min ago5.06 bp11.6 bp −$1221.7 bp −$217104.4 bp −$10.4K535.7 bp −$267.8K
Sell Binance live order book, 3 min ago1.68 bp9.1 bp −$922.4 bp −$224189.7 bp −$19.0Kdoesn'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−0.1249%8h2.9710−0.269%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0421%1h2.9772−0.060%$265$46450xas long as short
Variational Omni ICP−0.0215%8h2.9802+0.042%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.420%$202$200K12xas long as short
Gate ICP_USDT−0.0103%8h2.9770−0.067%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9827+0.125%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9795+0.017%$27K150xas long as short
Bybit ICPUSDT+0.0054%8h2.9770−0.067%$17.1M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9788−0.007%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9808+0.060%$185K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9815+0.084%$135K$11K5xas long as short
Binance ICPUSDTshort+0.0100%8h2.9773−0.057%$28.9M$48.9M75x
OKX ICP-USDT-SWAP+0.0100%8h2.9750−0.134%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9780−0.034%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9800+0.034%$5.0M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9810+0.067%$6.8M$4.4M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9790long leg$4.9M
edgeX ICPUSDC+0.0100%4h2.9691−0.332%$23K$276K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9779−0.035%$570K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9780−0.034%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9770−0.067%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9776−0.046%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9810+0.067%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9797+0.024%$488K$512K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9890+0.336%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9784−0.019%$31K100xas long as short
Hyperliquid ICP+0.0598%1h2.9833+0.144%$4.7M$5.0M5xas long as short