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−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: HTX against Extended−0.111%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.111%, 7d avg −0.021%
Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 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: HTX is 0.090% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ICP-USD3.05540.0104pay 0.0013% / 1h49m 32s$26K$118K10x
ShortHTX ICP-USDT3.05200.0100get 0.0100% / 8h49m 32s$108K$220K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.111% → −0.021%
−$8.98
Slippage, 4 orders
−$92.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$119.26
Costs to cover
1.094%
Break-even
never at this rate
Slippage from Extended: live order book, 26 min ago; HTX: live order book, 27 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, 26 min ago3.51 bp11.7 bp −$1266.5 bp −$665doesn't fitdoesn't fit
Sell HTX live order book, 27 min ago15.01 bp64.6 bp −$65doesn't fitdoesn'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−0.1607%8h3.0380−0.569%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0208%1h3.0537−0.055%$272$46450xas long as short
Variational Omni ICP−0.0150%8h3.0556+0.008%$1.1M$107Kas long as short
Gate ICP_USDT−0.0032%8h3.0560+0.020%$2.0M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0561+0.022%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0564+0.035%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.909%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0595+0.135%$162K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0562+0.027%$218K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0574+0.067%$139K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0560+0.020%$30.2M$51.0M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0530−0.078%$17.8M$18.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0560+0.020%$6.2M$16.7M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0550−0.013%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0530−0.078%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0560+0.020%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0560+0.020%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0535−0.061%$24K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0587+0.108%$586K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0520−0.111%$1K$1.8M20xas long as short
HTX ICP-USDTshort+0.0100%8h3.0520−0.111%$108K$220K20x
Extended ICP-USDlong+0.0104%1h3.0554long leg$26K$118K10x
Hyperliquid ICP+0.0146%1h3.0592+0.125%$4.8M$5.0M5xas long as short
Kraken Futures PF_ICPUSD+0.0170%1h3.0549−0.017%$496K$532K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0480−0.242%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0620+0.216%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0549% / S −0.0540%1h3.0551−0.010%$41K100xas long as short