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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0228%/8h= −25.0% APRnext payment $2.28 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against BloFin+0.033%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$670.665% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.353%−$35 on $10k
Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.033%, 7d avg −0.020%
Together, before fees−0.343%−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.053% dearer against BloFin than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.020%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICP-USDT3.01100.0220pay 0.0220% / 8h7m 07s$1.3M$2.3M75x
ShortGate ICP_USDT3.0120−0.0008pay 0.0008% / 8h7m 07s$1.9M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$47.88
Price spread: +0.033% → −0.020%
$5.31
Slippage, 4 orders
−$39.53
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$109.09
Costs to cover
0.665%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Gate: 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 BloFin live order book, 6 min ago3.32 bp14.2 bp −$1418.8 bp −$188110.3 bp −$11.0Kdoesn't fit
Sell Gate live order book, 1 min ago3.32 bp18.6 bp −$1960.2 bp −$602159.7 bp −$16.0Kdoesn'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−0.1287%8h3.0240+0.432%$1.8M$761K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0480%1h3.0130+0.066%$269$46450xas long as short
Variational Omni ICP−0.0115%8h3.0101−0.031%$1.1M$108Kas long as short
Gate ICP_USDTshort−0.0008%8h3.0120+0.033%$1.9M$2.9M50x
dYdX ICP-USD0.0000%1h3.0171+0.203%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0154+0.148%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.478%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0162+0.173%$157K$455K5xas long as short
Aster ICPUSDT+0.0100%8h3.0120+0.033%$187K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0163+0.177%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0130+0.066%$29.8M$51.7M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0160+0.166%$17.9M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0150+0.133%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0130+0.066%$19.0M$9.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.01100.000%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0150+0.133%$7.1M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0130+0.066%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0155+0.150%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0159+0.161%$581K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.01100.000%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0160+0.166%$108K$224K20xas long as short
Extended ICP-USD+0.0104%1h3.0110+0.002%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0172%1h3.0165+0.183%$535K$578K50xas long as short
BloFin ICP-USDTlong+0.0220%8h3.0110long leg$1.3M$2.3M75x
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+1.428%$64K$89K50xas long as short
Hyperliquid ICP+0.0277%1h3.0192+0.271%$4.8M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h3.0140+0.099%$37K100xas long as short