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+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: edgeX against gTrade (Gains Network)+0.298%68s7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.298% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 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/USD3.0444L +0.0006% / S −0.0010%pay 0.0001% / 1h47m 48s$27K150x
ShortedgeX ICPUSDC3.05350.0100get 0.0050% / 4h47m 48s$24K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$19.67
Price spread: +0.298% → 0.000%
$29.8
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$30.48
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 30 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 edgeX live order book, 30 min ago8.33 bp12.8 bp −$1328.0 bp −$280doesn't fitdoesn't fit
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−0.1611%8h3.0390−0.179%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0407%1h3.0426−0.061%$271$46450xas long as short
Variational Omni ICP−0.0150%8h3.0556+0.367%$1.1M$107Kas long as short
Gate ICP_USDT−0.0034%8h3.0430−0.048%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0521+0.251%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDlongL +0.0006% / S −0.0010%1h3.0444long leg$27K150x
Injective ICP/USDC PERP+0.0033%1h2.9665−2.560%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0475+0.100%$160K$451K5xas long as short
Aster ICPUSDT+0.0100%8h3.0459+0.049%$217K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0511+0.218%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0433−0.038%$30.1M$51.1M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0400−0.146%$18.0M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0420−0.080%$6.2M$16.7M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0430−0.048%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0430−0.048%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0440−0.015%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0420−0.080%$4.9Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0535+0.298%$24K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0587+0.468%$586K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0460+0.051%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0440−0.015%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0424−0.068%$26K$118K10xas long as short
Hyperliquid ICP+0.0161%1h3.0487+0.140%$4.8M$5.0M5xas long as short
Kraken Futures PF_ICPUSD+0.0170%1h3.0442−0.007%$495K$532K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0520+0.248%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0440−0.015%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0548% / S −0.0540%1h3.0472+0.089%$41K100xas long as short