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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%
Price spread now: Extended against dYdX+0.067%7-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+0.151%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.067% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD3.01170get 0.0000% / 1h26m 54s$70K$4K5x
ShortExtended ICP-USD3.01370.0104get 0.0013% / 1h26m 54s$22K$131K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.84
Price spread: +0.067% → 0.000%
$6.71
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$13.55
Costs to cover
0.150%
Break-even
2.7 days
Slippage unknown: dYdX: no order-book sample; Extended: 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 Extended live order book, 39 min ago4.27 bp13.5 bp −$1476.0 bp −$760doesn'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 26 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−0.0004%8h2.9960−0.520%$1.1M$118Kas long as short
dYdX ICP-USDlong0.0000%1h3.0117long leg$70K$4K5x
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0141+0.080%$269$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0142+0.084%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.501%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0163+0.153%$165K$491K5xas long as short
Aster ICPUSDT+0.0100%8h3.0150+0.110%$293K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0105−0.040%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0140+0.077%$29.8M$54.1M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0140+0.077%$17.7M$19.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h3.0140+0.077%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0140+0.077%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0130+0.043%$19.5M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0130+0.043%$5.0M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0140+0.077%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0140+0.077%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9990−0.420%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9947−0.566%$581K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0130+0.043%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0100−0.056%$105K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0110−0.023%$1.8M$793K50xas long as short
Extended ICP-USDshort+0.0104%1h3.0137+0.067%$22K$131K10x
Coinbase International ICP-PERP-INTX+0.0256%1h3.0120+0.010%$65K$72K50xas long as short
Hyperliquid ICP+0.0284%1h3.0171+0.179%$4.7M$5.2M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0138+0.069%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0890%1h3.0171+0.179%$547K$611K50xas long as short