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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: BingX against gTrade (Gains Network)−0.034%46s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.034% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ICP/USD2.9570L +0.0006% / S −0.0004%pay 0.0001% / 1h59m 36s$6K150x
ShortBingX ICP-USDT2.95600.0100get 0.0100% / 8h7h 59m$5.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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
$19.77
Price spread: −0.034% → 0.000%
−$3.38
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$3.61
Costs to cover
0.200%
Break-even
8.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 6 min ago. 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 gTrade (Gains Network) no order-book sample
Sell BingX live order book, 6 min ago3.39 bp8.8 bp −$914.4 bp −$14451.9 bp −$5,190455.5 bp −$227.8K
gTrade (Gains Network): 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
Phemex ICPUSDT−0.0250%8h2.9500−0.237%$1.8M$686K50xas long as short
Kraken Futures PF_ICPUSD−0.0211%1h2.9588+0.060%$524K$659K50xas long as short
Variational Omni ICP−0.0150%8h2.9521−0.166%$1.0M$135Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0021%1h2.9560−0.034%$192$43950xas long as short
dYdX ICP-USD0.0000%1h2.9576+0.020%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDlongL +0.0006% / S −0.0004%1h2.9570long leg$6K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+0.321%$202$200K12xas long as short
Bybit ICPUSDT+0.0059%8h2.9530−0.135%$17.1M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.95700.000%$138K$485K5xas long as short
Hyperliquid ICP+0.0100%1h2.9599+0.098%$4.5M$4.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9591+0.072%$274K$1.0M20xas long as short
Pacifica ICP+0.0100%1h2.9572+0.008%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9564−0.019%$28.8M$47.7M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9550−0.068%$5.7M$14.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9560−0.034%$1.9M$2.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.95700.000%$19.3M$9.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.95700.000%$4.9M$11.5M50xas long as short
Bitget ICPUSDT+0.0100%8h2.95700.000%$7.0M$4.5M50xas long as short
BingX ICP-USDTshort+0.0100%8h2.9560−0.034%$5.6M
edgeX ICPUSDC+0.0100%4h2.9496−0.249%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9527−0.145%$573K$590K10xas long as short
SunX ICP-USDT+0.0100%8h2.9550−0.068%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9490−0.271%$103K$114K20xas long as short
Extended ICP-USD+0.0104%1h2.9562−0.027%$26K$235K10xas long as short
BloFin ICP-USDT+0.0220%8h2.95700.000%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0376%1h2.9750+0.609%$58K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0492% / S −0.0459%1h2.9562−0.028%$36K100xas long as short