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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.021%
Price spread now: Gate against edgeX−0.088%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 3 days (all we have)−0.196%−$20 · spread now −0.088%, 7d avg +0.033%
Together, before fees−0.386%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.121% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC3.00060.0100pay 0.0050% / 4h1h 17m$23K$278K10x
ShortGate ICP_USDT2.9980−0.0056pay 0.0056% / 8h1h 17m$1.9M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$32.76
Price spread: −0.088% → +0.033%
−$12.09
Slippage, 4 orders
−$40.43
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$109.28
Costs to cover
0.644%
Break-even
never at this rate
Slippage from edgeX: live order book, just now; Gate: live order book, 6 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, just now8.33 bp12.8 bp −$1326.9 bp −$269doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago3.34 bp18.4 bp −$1861.8 bp −$618158.8 bp −$15.9Kdoesn't fit

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−0.1485%8h2.9830−0.588%$1.7M$772K50xas long as short
Variational Omni ICP−0.0166%8h2.9981−0.084%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−1.138%$202$200K12xas long as short
Gate ICP_USDTshort−0.0056%8h2.9980−0.088%$1.9M$2.8M50x
dYdX ICP-USD0.0000%1h3.0029+0.075%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0015+0.029%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0010+0.012%$27K150xas long as short
Lighter ICP+0.0096%1h3.0035+0.095%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h3.0030+0.079%$203K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0016+0.033%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9998−0.028%$29.7M$50.3M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9980−0.088%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9990−0.055%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0010+0.012%$19.6M$8.8M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0000−0.021%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0000−0.021%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0000−0.021%$4.9Mas long as short
edgeX ICPUSDClong+0.0100%4h3.0006long leg$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0022+0.054%$575K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0010+0.012%$956$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9960−0.155%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9991−0.051%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0040+0.112%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h3.0036+0.100%$487K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+0.079%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h2.9996−0.036%$37K100xas long as short
Hyperliquid ICP+0.0674%1h3.0061+0.181%$4.8M$5.0M5xas long as short