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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.149%
Price spread now: Deribit against BingX−0.013%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.98800.0100pay 0.0100% / 8h1h 43m$4.9M
ShortDeribit ICP_USDC-PERPETUAL2.9876−0.0118pay 0.0015% / 1h43m 51s$266$46450x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$45.78
Price spread: −0.013% → 0.000%
−$1.34
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$64.12
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Deribit: no order-book sample. Net counts fees only.

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, 6 min ago1.68 bp8.5 bp −$913.7 bp −$13760.8 bp −$6,084478.0 bp −$239.0K
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1242%8h2.9740−0.469%$1.7M$777K50xas long as short
Variational Omni ICP−0.0204%8h2.9852−0.093%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.720%$202$200K12xas long as short
Deribit ICP_USDC-PERPETUALshort−0.0118%1h2.9876−0.013%$266$46450x
Gate ICP_USDT−0.0100%8h2.9860−0.067%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9878−0.007%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9885+0.016%$27K150xas long as short
Bybit ICPUSDT+0.0068%8h2.9890+0.033%$17.3M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9900+0.067%$166K$442K5xas long as short
Aster ICPUSDT+0.0100%8h2.9889+0.029%$185K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9871−0.030%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9888+0.027%$29.5M$49.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.98800.000%$5.9M$15.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9890+0.033%$19.3M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9890+0.033%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9890+0.033%$6.8M$4.4M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9880long leg$4.9M
edgeX ICPUSDC+0.0100%4h2.9858−0.072%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9845−0.117%$571K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9870−0.033%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9830−0.167%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9882+0.008%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9870−0.033%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9905+0.084%$490K$513K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9890+0.033%$63K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0504% / S −0.0480%1h2.9885+0.017%$37K100xas long as short
Hyperliquid ICP+0.0597%1h2.9939+0.196%$4.7M$5.0M5xas long as short