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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −0.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.019%
Price spread now: OKX against Bitget−0.034%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.083%−$8 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.034%, 7d avg −0.027%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.96700.0100pay 0.0100% / 8h2h 47m$6.8M$4.4M50x
ShortOKX ICP-USDT-SWAP2.96600.0091get 0.0091% / 8h2h 47m$5.8M$15.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$1.79
Price spread: −0.034% → −0.027%
−$0.69
Slippage, 4 orders
−$30.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$54.88
Costs to cover
0.524%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; OKX: live order book, 1 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, 6 min ago1.69 bp13.4 bp −$1330.3 bp −$303doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.68 bp10.4 bp −$1032.8 bp −$328doesn'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
Phemex ICPUSDT−0.1290%8h2.9640−0.101%$1.7M$780K50xas long as short
Variational Omni ICP−0.0286%8h2.9615−0.185%$1.1M$119Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0255%1h2.9681+0.037%$265$46450xas long as short
Injective ICP/USDC PERP−0.0199%1h2.9675+0.017%$202$148K12xas long as short
Gate ICP_USDT−0.0131%8h2.9660−0.034%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0066%8h2.9660−0.034%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.96700.000%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9679+0.031%$26K150xas long as short
OKX ICP-USDT-SWAPshort+0.0091%8h2.9660−0.034%$5.8M$15.6M50x
Lighter ICP+0.0096%1h2.9704+0.115%$166K$441K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9693+0.076%$188K$1.6M20xas long as short
Pacifica ICP+0.0100%1h2.9689+0.063%$134K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9671+0.002%$28.8M$48.8M75xas long as short
MEXC ICP_USDT+0.0100%8h2.96700.000%$19.6M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9680+0.034%$5.3M$12.8M50xas long as short
Bitget ICPUSDTlong+0.0100%8h2.9670long leg$6.8M$4.4M50x
BingX ICP-USDT+0.0100%8h2.9660−0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9601−0.234%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9641−0.099%$568K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9660−0.034%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9660−0.034%$106K$220K20xas long as short
Extended ICP-USD+0.0104%1h2.9667−0.010%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0149%1h2.9688+0.061%$494K$509K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9660−0.034%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9700+0.101%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9684+0.047%$31K100xas long as short
Hyperliquid ICP+0.0840%1h2.9750+0.270%$4.8M$4.9M5xas long as short