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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: BingX against dYdX+0.028%49s7-day average · you sell dearer than you buy
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+0.180%+$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.028% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD3.02020get 0.0000% / 1h4m 56s$70K$4K5x
ShortBingX ICP-USDT3.02100.0100get 0.0100% / 8h4m 56s$5.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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
$21
Price spread: +0.028% → 0.000%
$2.81
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$3.81
Costs to cover
0.200%
Break-even
5.7 days
Slippage unknown: dYdX: no order-book sample; BingX: live order book, 5 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 dYdX no order-book sample
Sell BingX live order book, 5 min ago3.32 bp9.5 bp −$1014.4 bp −$14443.7 bp −$4,374451.5 bp −$225.8K
dYdX: 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
Phemex ICPUSDT−0.1272%8h3.0310+0.359%$1.8M$761K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0213%1h3.0214+0.041%$269$46450xas long as short
Variational Omni ICP−0.0108%8h3.0111−0.300%$1.1M$108Kas long as short
Gate ICP_USDT−0.0006%8h3.0220+0.061%$1.9M$2.9M50xas long as short
dYdX ICP-USDlong0.0000%1h3.0202long leg$70K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0215+0.044%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.776%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0235+0.111%$157K$455K5xas long as short
Aster ICPUSDT+0.0100%8h3.0215+0.044%$182K$1.5M20xas long as short
Pacifica ICP+0.0100%1h3.0191−0.035%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0220+0.061%$29.8M$51.8M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0210+0.028%$17.9M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0210+0.028%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0210+0.028%$19.1M$9.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0190−0.038%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0220+0.061%$7.1M$4.7M50xas long as short
BingX ICP-USDTshort+0.0100%8h3.0210+0.028%$5.2M
edgeX ICPUSDC+0.0100%4h3.0123−0.260%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0159−0.142%$581K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0140−0.204%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0190−0.038%$108K$224K20xas long as short
Extended ICP-USD+0.0104%1h3.0204+0.008%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0172%1h3.0249+0.157%$537K$579K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0110−0.303%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+1.121%$64K$89K50xas long as short
Hyperliquid ICP+0.0286%1h3.0263+0.203%$4.8M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h3.0217+0.052%$38K100xas long as short