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

ICP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Bitget+0.110%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$540.544% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.542%+$54 · spread now +0.110%, 7d avg −0.073%
Together, before fees+0.585%+ Points / potential airdropedgeX: Active · farm board+$59 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: edgeX is 0.183% dearer against Bitget than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.96000.0100pay 0.0100% / 8h4h 53m$7.0M$4.8M50x
ShortedgeX ICPUSDC2.96330.0100get 0.0050% / 4h53m 28s$23K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.110% → −0.073%
$18.3
Slippage, 4 orders
−$33.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$36.11
Costs to cover
0.544%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 4 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 Bitget live order book, 5 min ago3.38 bp15.3 bp −$1532.6 bp −$326doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago6.77 bp11.5 bp −$1224.1 bp −$241doesn'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
dYdX ICP-USD0.0000%1h2.9604+0.014%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9610+0.034%$264$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9620+0.068%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.220%$202$200K12xas long as short
Variational Omni ICP+0.0091%8h2.9655+0.186%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9629+0.098%$158K$485K5xas long as short
Aster ICPUSDT+0.0100%8h2.9620+0.068%$269K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9613+0.044%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.96000.000%$29.1M$52.1M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9580−0.068%$17.1M$18.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9610+0.034%$5.7M$16.6M50xas long as short
Gate ICP_USDT+0.0100%8h2.9590−0.034%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.96000.000%$19.9M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.96000.000%$4.8M$13.0M50xas long as short
Bitget ICPUSDTlong+0.0100%8h2.9600long leg$7.0M$4.8M50x
BingX ICP-USDT+0.0100%8h2.9590−0.034%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9633+0.110%$23K$279K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9637+0.126%$573K$464K10xas long as short
SunX ICP-USDT+0.0100%8h2.9610+0.034%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9560−0.135%$103K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9580−0.068%$1.7M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9582−0.060%$22K$127K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9690+0.304%$1.3M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9710+0.372%$67K$65K50xas long as short
Hyperliquid ICP+0.0402%1h2.9647+0.159%$4.6M$4.9M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0504% / S −0.0480%1h2.9612+0.039%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0569%1h2.9653+0.179%$521K$632K50xas long as short