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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Bitget−0.034%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 7 days−0.149%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.034% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.96800.0100pay 0.0100% / 8h2h 46m$6.8M$4.4M50x
ShortdYdX ICP-USD2.96700get 0.0000% / 1h46m 39s$69K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Bitget. 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
−$21
Price spread: −0.034% → 0.000%
−$3.37
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$46.37
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; dYdX: 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 Bitget live order book, 2 min ago1.68 bp15.5 bp −$1626.2 bp −$262doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.1286%8h2.9630−0.168%$1.7M$780K50xas long as short
Variational Omni ICP−0.0286%8h2.9615−0.219%$1.1M$119Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0255%1h2.9677−0.010%$264$46450xas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.051%$202$200K12xas long as short
Gate ICP_USDT−0.0129%8h2.9660−0.067%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0059%8h2.96800.000%$17.1M$17.6M75xas long as short
dYdX ICP-USDshort0.0000%1h2.9670−0.034%$69K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9682+0.007%$26K150xas long as short
OKX ICP-USDT-SWAP+0.0095%8h2.9670−0.034%$5.8M$15.6M50xas long as short
Lighter ICP+0.0096%1h2.9703+0.077%$166K$441K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9698+0.060%$189K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9677−0.011%$134K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.96800.000%$28.8M$48.6M75xas long as short
MEXC ICP_USDT+0.0100%8h2.9670−0.034%$19.6M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9670−0.034%$5.3M$12.8M50xas long as short
Bitget ICPUSDTlong+0.0100%8h2.9680long leg$6.8M$4.4M50x
BingX ICP-USDT+0.0100%8h2.9670−0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9647−0.110%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9638−0.141%$568K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9670−0.034%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9600−0.270%$105K$220K20xas long as short
Extended ICP-USD+0.0104%1h2.9661−0.064%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0149%1h2.9684+0.015%$494K$508K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9650−0.101%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9700+0.067%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9682+0.006%$31K100xas long as short
Hyperliquid ICP+0.0860%1h2.9736+0.189%$4.8M$4.9M5xas long as short