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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.011%
Price spread now: OKX against dYdX+0.017%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+0.066%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD3.03650get 0.0000% / 1h57m 17s$71K$4K5x
ShortOKX ICP-USDT-SWAP3.03700.0100get 0.0100% / 8h7h 57m$6.1M$16.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
$2.7
Costs to cover
0.200%
Break-even
6.1 days
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago1.65 bp10.9 bp −$1132.3 bp −$323doesn'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
Phemex ICPUSDT−0.0765%8h3.0350−0.049%$1.8M$761K50xas long as short
HTX ICP-USDT−0.0587%8h3.0260−0.345%$106K$237K20xas long as short
Kraken Futures PF_ICPUSD−0.0122%1h3.0424+0.195%$554K$596K50xas long as short
Variational Omni ICP−0.0101%8h3.0221−0.474%$1.1M$108Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0079%1h3.0391+0.086%$271$46450xas long as short
dYdX ICP-USDlong0.0000%1h3.0365long leg$71K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0395+0.099%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.305%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0410+0.149%$158K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0405+0.131%$253K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h3.0356−0.029%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0373+0.025%$30.0M$51.9M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0360−0.016%$18.0M$18.5M75xas long as short
OKX ICP-USDT-SWAPshort+0.0100%8h3.0370+0.017%$6.1M$16.9M50x
Gate ICP_USDT+0.0100%8h3.0390+0.083%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0370+0.017%$19.2M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0360−0.016%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0400+0.116%$7.2M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0390+0.083%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0279−0.284%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0263−0.334%$583K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0370+0.017%$2K$1.8M20xas long as short
Extended ICP-USD+0.0104%1h3.0384+0.062%$25K$113K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0310−0.181%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0271%1h3.0419+0.178%$4.8M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0340−0.082%$64K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0399+0.113%$38K100xas long as short