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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: SunX against Extended+0.003%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1751.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.003%, 7d avg +0.008%
Together, before fees+0.073%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ICP-USD2.94490.0104pay 0.0013% / 1h48m 29s$22K$124K10x
ShortSunX ICP-USDT2.94500.0100get 0.0100% / 8h4h 48m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.003% → +0.008%
−$0.53
Slippage, 4 orders
−$162.16
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$176.52
Costs to cover
1.752%
Break-even
never at this rate
Slippage from Extended: live order book, 7 min ago; SunX: live order book, 7 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, 7 min ago4.06 bp13.8 bp −$1475.7 bp −$757doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago48.91 bp74.6 bp −$75doesn'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
dYdX ICP-USD0.0000%1h2.9477+0.096%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9442−0.024%$262$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9453+0.012%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.733%$202$200K12xas long as short
Variational Omni ICP+0.0092%8h2.9460+0.036%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9472+0.078%$157K$485K5xas long as short
Aster ICPUSDT+0.0100%8h2.9464+0.051%$269K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9462+0.045%$133K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9461+0.040%$28.9M$51.9M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9450+0.003%$17.0M$18.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9460+0.037%$5.6M$16.5M50xas long as short
Gate ICP_USDT+0.0100%8h2.9460+0.037%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9460+0.037%$19.8M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9450+0.003%$4.8M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9460+0.037%$6.9M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h2.9440−0.031%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9598+0.507%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9593+0.490%$572K$464K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9450+0.003%$2K$1.7M20x
HTX ICP-USDT+0.0100%8h2.9460+0.037%$103K$176K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9440−0.031%$1.7M$792K50xas long as short
Extended ICP-USDlong+0.0104%1h2.9449long leg$22K$124K10x
BloFin ICP-USDT+0.0220%8h2.9460+0.037%$1.3M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9710+0.886%$67K$63K50xas long as short
Hyperliquid ICP+0.0399%1h2.9500+0.173%$4.5M$4.9M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0503% / S −0.0480%1h2.9443−0.021%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0573%1h2.9475+0.089%$518K$626K50xas long as short