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

ICP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.028%
Price spread now: HTX against gTrade (Gains Network)+0.026%51s7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 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/USD2.9642L +0.0006% / S −0.0002%pay 0.0001% / 1h2m 29s$10K150x
ShortHTX ICP-USDT2.96500.0100get 0.0100% / 8h1h 02m$104K$112K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.026% → 0.000%
$2.63
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
$0.4
Costs to cover
0.220%
Break-even
6.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 39 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 HTX live order book, 39 min ago18.70 bp64.1 bp −$64doesn't fitdoesn'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
Kraken Futures PF_ICPUSD−0.0312%1h2.9679+0.124%$525K$651K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0222%1h2.9646+0.013%$193$43950xas long as short
Phemex ICPUSDT−0.0202%8h2.9560−0.277%$1.8M$682K50xas long as short
Variational Omni ICP−0.0037%8h2.9670+0.093%$1.1M$133Kas long as short
dYdX ICP-USD0.0000%1h2.9659+0.058%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDlongL +0.0006% / S −0.0002%1h2.9642long leg$10K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+0.077%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9643+0.003%$139K$496K5xas long as short
Aster ICPUSDT+0.0100%8h2.9654+0.039%$282K$1.0M20xas long as short
Pacifica ICP+0.0100%1h2.9643+0.004%$134K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9630−0.041%$29.1M$48.3M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9600−0.142%$17.3M$17.8M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9620−0.075%$5.8M$15.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9630−0.041%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9630−0.041%$19.1M$10.0M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9620−0.075%$4.9M$11.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9640−0.007%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9620−0.075%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9663+0.071%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9641−0.005%$563K$558K10xas long as short
SunX ICP-USDT+0.0100%8h2.9640−0.007%$2K$1.5M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9650+0.026%$104K$112K20x
Extended ICP-USD+0.0104%1h2.9611−0.104%$25K$143K10xas long as short
Hyperliquid ICP+0.0117%1h2.9673+0.104%$4.6M$4.6M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9630−0.041%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9750+0.364%$58K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0457% / S −0.0403%1h2.9636−0.023%$33K100xas long as short