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

ICP

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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 +0.026%
Price spread now: Bitget against Bybit+0.100%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 7 days−0.088%−$9 · spread now +0.100%, 7d avg +0.039%
Together, before fees−0.014%−$1 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: Bitget is 0.061% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ICPUSDT2.99200.0100pay 0.0100% / 8h6h 54m$17.7M$18.9M75x
ShortBitget ICPUSDT2.99500.0100get 0.0100% / 8h6h 54m$7.0M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.100% → +0.039%
$6.13
Slippage, 4 orders
−$31.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$48.15
Costs to cover
0.543%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 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 Bybit live order book, 4 min ago1.66 bp10.7 bp −$1132.7 bp −$327doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago1.65 bp14.4 bp −$1447.9 bp −$479doesn'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
Variational Omni ICP−0.0031%8h2.9910−0.032%$1.1M$118Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0017%1h2.9907−0.043%$267$46450xas long as short
dYdX ICP-USD0.0000%1h2.9958+0.126%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9903−0.055%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.852%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9946+0.087%$166K$485K5xas long as short
Aster ICPUSDT+0.0100%8h2.9919−0.003%$331K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9967+0.158%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9936+0.054%$29.9M$53.7M75xas long as short
Bybit ICPUSDTlong+0.0100%8h2.9920long leg$17.7M$18.9M75x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9930+0.033%$5.9M$17.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.99200.000%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9930+0.033%$19.1M$9.8M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9910−0.033%$5.0M$13.4M50xas long as short
Bitget ICPUSDTshort+0.0100%8h2.9950+0.100%$7.0M$4.9M50x
BingX ICP-USDT+0.0100%8h2.9940+0.067%$6.1Mas long as short
edgeX ICPUSDC+0.0100%4h3.0138+0.730%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0112+0.640%$582K$479K10xas long as short
SunX ICP-USDT+0.0100%8h2.9900−0.067%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9880−0.134%$105K$240K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0030+0.368%$1.8M$781K50xas long as short
Extended ICP-USD+0.0104%1h2.9923+0.011%$22K$128K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9950+0.100%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0130+0.702%$63K$66K50xas long as short
Hyperliquid ICP+0.0449%1h2.9950+0.100%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h2.9907−0.042%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0897%1h2.9934+0.046%$542K$619K50xas long as short