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 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.019%
Price spread now: edgeX against BloFin−0.068%101s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.177%−$18 on $10k
Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.068%, 7d avg −0.057%
Together, before fees−0.019%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICP-USDT2.96200.0220pay 0.0220% / 8h3h 55m$1.2M$2.2M75x
ShortedgeX ICPUSDC2.96000.0100get 0.0050% / 4h3h 55m$23K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
−$25.2
Price spread: −0.068% → −0.057%
−$1.12
Slippage, 4 orders
−$24.27
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$71.59
Costs to cover
0.453%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; edgeX: live order book, 62 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 BloFin live order book, 3 min ago3.37 bp9.4 bp −$917.4 bp −$17479.1 bp −$7,905doesn't fit
Sell edgeX live order book, 62 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
Deribit ICP_USDC-PERPETUAL−0.0290%1h2.9631+0.037%$264$43950xas long as short
Phemex ICPUSDT−0.0084%8h2.9580−0.135%$1.8M$791K50xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9661+0.138%$532K$610K50xas long as short
dYdX ICP-USD0.0000%1h2.9622+0.008%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9662+0.142%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.152%$202$200K12xas long as short
Variational Omni ICP+0.0083%8h2.9590−0.102%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9637+0.057%$157K$473K5xas long as short
Hyperliquid ICP+0.0100%1h2.9677+0.192%$4.6M$4.9M5xas long as short
Aster ICPUSDT+0.0100%8h2.9632+0.041%$264K$1.6M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9626+0.022%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9660+0.135%$29.1M$50.0M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9660+0.135%$17.1M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9680+0.203%$5.7M$15.7M50xas long as short
Gate ICP_USDT+0.0100%8h2.9650+0.101%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9640+0.068%$19.7M$10.0M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9630+0.034%$4.9M$12.5M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9670+0.169%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9660+0.135%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9600−0.068%$23K$279K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9596−0.080%$567K$470K10xas long as short
SunX ICP-USDT+0.0100%8h2.96200.000%$1K$1.6M20xas long as short
HTX ICP-USDT+0.0100%8h2.9560−0.203%$103K$117K20xas long as short
Extended ICP-USD+0.0104%1h2.9619−0.004%$22K$132K10xas long as short
BloFin ICP-USDTlong+0.0220%8h2.9620long leg$1.2M$2.2M75x
Coinbase International ICP-PERP-INTX+0.0352%1h2.9750+0.439%$67K$61K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0434% / S −0.0367%1h2.9663+0.146%$31K100xas long as short