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+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against edgeX+0.173%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$550.550% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−1.220%−$122 · spread now +0.173%, 7d avg +0.019%
Together, before fees−1.281%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$128 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.155% dearer against edgeX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC2.99670.0100pay 0.0050% / 4h2h 29m$23K$280K10x
ShortExtended ICP-USD3.00190.0104get 0.0013% / 1h29m 32s$22K$131K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
$0.84
Price spread: +0.173% → +0.019%
$15.46
Slippage, 4 orders
−$40.99
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$38.69
Costs to cover
0.550%
Break-even
329.4 days
Slippage from edgeX: live order book, 38 min ago; Extended: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 38 min ago9.83 bp14.3 bp −$1429.1 bp −$291doesn't fitdoesn't fit
Sell Extended live order book, 36 min ago4.27 bp13.5 bp −$1476.0 bp −$760doesn't fitdoesn't fit

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%8h2.9960−0.022%$1.1M$118Kas long as short
dYdX ICP-USD0.0000%1h3.0025+0.196%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0024+0.191%$268$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0010+0.144%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.007%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0052+0.284%$164K$491K5xas long as short
Aster ICPUSDT+0.0100%8h3.0038+0.236%$292K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0034+0.223%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0021+0.179%$29.7M$54.2M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9990+0.077%$17.6M$19.1M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9990+0.077%$5.8M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0010+0.144%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0020+0.177%$19.4M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0000+0.111%$5.0M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0030+0.211%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0020+0.177%$6.1Mas long as short
edgeX ICPUSDClong+0.0100%4h2.9967long leg$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9918−0.162%$580K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9960−0.023%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9960−0.023%$105K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0000+0.111%$1.8M$792K50xas long as short
Extended ICP-USDshort+0.0104%1h3.0019+0.173%$22K$131K10x
Coinbase International ICP-PERP-INTX+0.0256%1h3.0040+0.244%$65K$75K50xas long as short
Hyperliquid ICP+0.0298%1h3.0066+0.331%$4.7M$5.2M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0005+0.127%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0893%1h3.0067+0.334%$545K$617K50xas long as short