ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.3% APRnext payment −$0.75 per $10,000 · paid last 24h −0.026%

Price spread now: Bybit against Bitget−0.034%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$530.529% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 7 days+0.027%+$3 · spread now −0.034%, 7d avg −0.037%

Together, before fees−0.045%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ICPUSDT	2.9790	0.0100	pay 0.0100% / 8h	2h 17m	$6.8M	$4.5M	50x
Short	Bybit ICPUSDT	2.9780	0.0025	get 0.0025% / 8h	2h 17m	$17.2M	$17.7M	75x

Funding history

latest

Range statsloading…

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now −0.034%Rate

Slippage from Bitget: live order book, 6 min ago; Bybit: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 6 min ago	3.35 bp	14.2 bp −$14	29.0 bp −$290	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.36 bp	10.1 bp −$10	33.7 bp −$337	548.7 bp −$54.9K	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex ICPUSDT	−0.1418%	8h	2.9670	−0.403%	$1.7M	$777K	50x	as long as short
Deribit ICP_USDC-PERPETUAL	−0.0387%	1h	2.9831	+0.138%	$266	$464	50x	as long as short
Variational Omni ICP	−0.0227%	8h	2.9853	+0.213%	$1.1M	$119K	—	as long as short
Injective ICP/USDC PERP	−0.0199%	1h	2.9665	−0.420%	$202	$200K	12x	as long as short
Gate ICP_USDT	−0.0090%	8h	2.9780	−0.034%	$1.9M	$2.7M	50x	as long as short
dYdX ICP-USD	0.0000%	1h	2.9818	+0.095%	$69K	$4K	5x	as long as short
Bybit ICPUSDTshort	+0.0025%	8h	2.9780	−0.034%	$17.2M	$17.7M	75x
Aster ICPUSDT	+0.0100%	8h	2.9805	+0.051%	$187K	$1.5M	20x	as long as short
Pacifica ICP	+0.0100%	1h	2.9803	+0.044%	$135K	$11K	5x	as long as short
Binance ICPUSDT	+0.0100%	8h	2.9800	+0.034%	$29.0M	$49.0M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ICP-USDT-SWAP	+0.0100%	8h	2.9780	−0.034%	$5.8M	$15.7M	50x	as long as short
MEXC ICP_USDT	+0.0100%	8h	2.9800	+0.034%	$19.3M	$8.6M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	2.9810	+0.067%	$5.2M	$12.8M	50x	as long as short
Bitget ICPUSDTlong	+0.0100%	8h	2.9790	long leg	$6.8M	$4.5M	50x
BingX ICP-USDT	+0.0100%	8h	2.9790	0.000%	—	$4.9M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	2.9854	+0.216%	$23K	$278K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	2.9850	+0.200%	$572K	$468K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	2.9830	+0.134%	$1K	$1.7M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	2.9870	+0.269%	$106K	$219K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	2.9796	+0.019%	$24K	$123K	10x	as long as short
Lighter ICP	+0.0112%	1h	2.9828	+0.128%	$166K	$443K	5x	as long as short
Kraken Futures PF_ICPUSD	+0.0148%	1h	2.9839	+0.164%	$489K	$518K	50x	as long as short
BloFin ICP-USDT	+0.0220%	8h	2.9850	+0.201%	$1.2M	$2.2M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0232%	1h	2.9890	+0.336%	$62K	$89K	50x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0432% / S −0.0367%	1h	2.9799	+0.029%	$31K	—	100x	as long as short
Hyperliquid ICP	+0.0873%	1h	2.9847	+0.191%	$4.7M	$5.0M	5x	as long as short