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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.016%
Price spread now: Coinbase International against Extended−0.271%7-day average · you buy dearer than you sell
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+0.362%+$36 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Funding pays, the price is against you. Coinbase International is 0.271% cheaper against Extended than usual: you would sell low and buy high (spread −0.271% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 5.1 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ICP-USD3.06130.0104pay 0.0013% / 1h16m 03s$23K$129K10x
ShortCoinbase International ICP-PERP-INTX3.05300.0280get 0.0035% / 1h16m 03s$63K$65K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$36.96
Price spread: −0.271% → 0.000%
−$27.15
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$5.19
Costs to cover
0.150%
Break-even
8.0 days
Slippage unknown: Extended: live order book, 54 min ago; Coinbase International: no order-book sample. 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 Extended live order book, 54 min ago3.98 bp13.8 bp −$1476.5 bp −$765doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
Deribit ICP_USDC-PERPETUAL−0.0143%1h3.0548−0.213%$272$46450xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0618+0.016%$558K$598K50xas long as short
Variational Omni ICP−0.0052%8h3.0520−0.303%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.0490−0.402%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0544−0.226%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−3.097%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0629+0.052%$174K$480K5xas long as short
Aster ICPUSDT+0.0100%8h3.0565−0.156%$337K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0531−0.267%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0604−0.029%$30.7M$52.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0620+0.023%$18.2M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0630+0.055%$6.2M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.0600−0.043%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0600−0.043%$19.8M$9.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0580−0.108%$5.1M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0640+0.088%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0600−0.043%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0473−0.458%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0474−0.455%$578K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0530−0.271%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0490−0.402%$107K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0570−0.141%$1.8M$777K50xas long as short
Extended ICP-USDlong+0.0104%1h3.0613long leg$23K$129K10x
Hyperliquid ICP+0.0169%1h3.0635+0.072%$4.8M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0400−0.696%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTXshort+0.0280%1h3.0530−0.271%$63K$65K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0544−0.226%$38K100xas long as short