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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget−0.131%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1671.672% 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 3 days (all we have)+0.124%+$12 · spread now −0.131%, 7d avg −0.047%
Together, before fees+0.168%+$17 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: SunX is 0.085% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT3.04800.0100pay 0.0100% / 8h7h 17m$7.2M$4.8M50x
ShortSunX ICP-USDT3.04400.0100get 0.0100% / 8h7h 17m$2K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.131% → −0.047%
−$8.46
Slippage, 4 orders
−$147.22
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$175.68
Costs to cover
1.672%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 8 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 ago3.27 bp13.8 bp −$1424.7 bp −$247doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago47.53 bp70.5 bp −$70doesn't fitdoesn'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
Kraken Futures PF_ICPUSD−0.0121%1h3.0513+0.109%$557K$598K50xas long as short
Variational Omni ICP−0.0057%8h3.0460−0.066%$1.1M$110Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0046%1h3.0443−0.121%$271$46450xas long as short
dYdX ICP-USD0.0000%1h3.0424−0.185%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0440−0.131%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.674%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0497+0.056%$174K$480K5xas long as short
Aster ICPUSDT+0.0100%8h3.0463−0.055%$336K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0412−0.222%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0483+0.011%$30.5M$52.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.04800.000%$18.1M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.04800.000%$6.2M$16.8M50xas long as short
Gate ICP_USDT+0.0100%8h3.04800.000%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.04800.000%$19.8M$9.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0460−0.066%$5.1M$13.3M50xas long as short
Bitget ICPUSDTlong+0.0100%8h3.0480long leg$7.2M$4.8M50x
BingX ICP-USDT+0.0100%8h3.0470−0.033%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0473−0.023%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0474−0.020%$578K$467K10xas long as short
SunX ICP-USDTshort+0.0100%8h3.0440−0.131%$2K$1.8M20x
HTX ICP-USDT+0.0100%8h3.0370−0.361%$106K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0550+0.230%$1.8M$777K50xas long as short
Extended ICP-USD+0.0104%1h3.0479−0.004%$23K$129K10xas long as short
Hyperliquid ICP+0.0161%1h3.0535+0.180%$4.7M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0400−0.262%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.04800.000%$63K$65K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0431−0.161%$38K100xas long as short