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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.019%
Price spread now: HTX against Coinbase International−0.669%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.328%−$33 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.669% cheaper against Coinbase International than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ICP-PERP-INTX2.98800.0320pay 0.0040% / 1h37m 04s$67K$71K50x
ShortHTX ICP-USDT2.96800.0100get 0.0100% / 8h5h 37m$104K$182K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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
−$46.2
Price spread: −0.669% → 0.000%
−$66.93
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$135.13
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; HTX: live order book, 25 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell HTX live order book, 25 min ago25.03 bp68.5 bp −$69doesn't fitdoesn't fitdoesn't fit
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX ICP-USD0.0000%1h2.9709−0.572%$69K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9747−0.445%$265$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9752−0.429%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.720%$202$200K12xas long as short
Variational Omni ICP+0.0053%8h2.9769−0.371%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9776−0.348%$161K$483K5xas long as short
Hyperliquid ICP+0.0100%1h2.9795−0.284%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9755−0.418%$274K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9709−0.572%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9771−0.366%$29.3M$53.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9750−0.435%$17.4M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9750−0.435%$5.8M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9760−0.402%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9760−0.402%$19.4M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9740−0.469%$4.8M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9770−0.368%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9750−0.435%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9769−0.373%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9717−0.546%$564K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9740−0.469%$1K$1.8M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9680−0.669%$104K$182K20x
Phemex ICPUSDT+0.0100%8h2.9820−0.201%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9753−0.426%$22K$123K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9740−0.469%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0294%1h2.9789−0.303%$524K$640K50xas long as short
Coinbase International ICP-PERP-INTXlong+0.0320%1h2.9880long leg$67K$71K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h2.9755−0.418%$37K100xas long as short