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−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: Bitget against Extended+0.029%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$490.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.029%, 7d avg +0.048%
Together, before fees−0.096%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ICP-USD3.01310.0104pay 0.0013% / 1h59m 14s$25K$118K10x
ShortBitget ICPUSDT3.01400.0100get 0.0100% / 8h59m 14s$6.9M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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: +0.029% → +0.048%
−$1.9
Slippage, 4 orders
−$32.19
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$51.93
Costs to cover
0.492%
Break-even
never at this rate
Slippage from Extended: live order book, 16 min ago; Bitget: live order book, 4 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 Extended live order book, 16 min ago3.51 bp11.7 bp −$1266.5 bp −$665doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.33 bp13.2 bp −$1337.1 bp −$371doesn't fitdoesn'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−0.1500%8h2.9940−0.635%$1.7M$767K50xas long as short
Variational Omni ICP−0.0145%8h3.0011−0.399%$1.1M$107Kas long as short
Gate ICP_USDT−0.0032%8h3.0120−0.037%$2.0M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0130−0.003%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0150+0.062%$269$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0140+0.029%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.547%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0168+0.122%$159K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0138+0.021%$194K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0120−0.037%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0144+0.042%$29.8M$50.4M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0120−0.037%$17.5M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0120−0.037%$6.0M$16.2M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0140+0.029%$19.7M$8.8M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0130−0.004%$5.1M$12.9M50xas long as short
Bitget ICPUSDTshort+0.0100%8h3.0140+0.029%$6.9M$4.5M50x
BingX ICP-USDT+0.0100%8h3.0130−0.004%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0026−0.349%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0029−0.338%$575K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0140+0.029%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0090−0.137%$107K$220K20xas long as short
Extended ICP-USDlong+0.0104%1h3.0131long leg$25K$118K10x
Kraken Futures PF_ICPUSD+0.0172%1h3.0165+0.110%$490K$529K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0160+0.095%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0130−0.004%$63K$89K50xas long as short
Hyperliquid ICP+0.0441%1h3.0171+0.132%$4.7M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h3.0142+0.036%$37K100xas long as short