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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: edgeX against dYdX−0.359%51s7-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+0.212%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Funding pays, the price is against you. edgeX is 0.359% cheaper against dYdX than usual: you would sell low and buy high (spread −0.359% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD2.96030get 0.0000% / 1h58m 39s$69K$3K5x
ShortedgeX ICPUSDC2.94960.0100get 0.0050% / 4h3h 58m$23K$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.359% → 0.000%
−$35.93
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$33.93
Costs to cover
0.190%
Break-even
18.3 days
Slippage unknown: dYdX: no order-book sample; edgeX: live order book, 39 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 edgeX live order book, 39 min ago8.48 bp13.0 bp −$1328.5 bp −$285doesn't fitdoesn't fit
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
Kraken Futures PF_ICPUSD−0.0339%1h2.9572−0.103%$523K$659K50xas long as short
Phemex ICPUSDT−0.0253%8h2.9480−0.415%$1.7M$686K50xas long as short
Variational Omni ICP−0.0150%8h2.9521−0.276%$1.0M$135Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0055%1h2.9542−0.205%$192$43950xas long as short
Bybit ICPUSDT−0.0032%8h2.9570−0.111%$17.1M$17.9M75xas long as short
dYdX ICP-USDlong0.0000%1h2.9603long leg$69K$3K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9554−0.166%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.210%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9602−0.003%$138K$485K5xas long as short
Hyperliquid ICP+0.0100%1h2.9634+0.105%$4.5M$4.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9626+0.077%$274K$1.0M20xas long as short
Pacifica ICP+0.0100%1h2.9604+0.005%$134K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9602−0.001%$28.8M$47.7M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9570−0.111%$5.7M$14.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9600−0.009%$1.9M$2.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9600−0.009%$19.3M$9.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9600−0.009%$4.9M$11.5M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9620+0.058%$7.0M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9590−0.043%$5.6Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9496−0.359%$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9546−0.191%$574K$590K10xas long as short
SunX ICP-USDT+0.0100%8h2.9530−0.246%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9530−0.246%$103K$114K20xas long as short
Extended ICP-USD+0.0104%1h2.9587−0.053%$26K$235K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9550−0.178%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0416%1h2.9750+0.497%$58K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0492% / S −0.0459%1h2.9548−0.184%$36K100xas long as short