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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Gate0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 7 days+0.007%+$1 · spread now 0.000%, 7d avg −0.009%
Together, before fees+0.160%+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ICP_USDT2.97300.0100pay 0.0100% / 8h4h 31m$1.9M$3.0M50x
ShortBingX ICP-USDT2.97300.0100get 0.0100% / 8h4h 31m$5.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
Price spread: 0.000% → −0.009%
$0.92
Slippage, 4 orders
−$39.05
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.13
Costs to cover
0.641%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 3 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 Gate live order book, 1 min ago1.69 bp22.3 bp −$2243.6 bp −$43666.7 bp −$6,668doesn't fit
Sell BingX live order book, 3 min ago1.70 bp10.0 bp −$1015.9 bp −$15957.4 bp −$5,743462.3 bp −$231.2K

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%1h2.9724−0.019%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9690−0.135%$265$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9722−0.025%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.219%$202$200K12xas long as short
Variational Omni ICP+0.0091%8h2.9410−1.077%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9756+0.087%$159K$486K5xas long as short
Aster ICPUSDT+0.0100%8h2.9742+0.041%$271K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9736+0.022%$135K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9733+0.010%$29.2M$50.9M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9710−0.067%$17.2M$18.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9720−0.034%$5.7M$16.4M50xas long as short
Gate ICP_USDTlong+0.0100%8h2.9730long leg$1.9M$3.0M50x
MEXC ICP_USDT+0.0100%8h2.97300.000%$19.8M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9740+0.034%$4.9M$12.7M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9740+0.034%$7.0M$4.7M50xas long as short
BingX ICP-USDTshort+0.0100%8h2.97300.000%$5.8M
edgeX ICPUSDC+0.0100%4h2.9492−0.800%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9501−0.769%$571K$464K10xas long as short
SunX ICP-USDT+0.0100%8h2.9660−0.235%$2K$1.6M20xas long as short
HTX ICP-USDT+0.0100%8h2.9620−0.370%$104K$156K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9680−0.168%$1.8M$791K50xas long as short
Extended ICP-USD+0.0104%1h2.9732+0.005%$22K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9520−0.706%$1.2M$2.2M75xas long as short
Hyperliquid ICP+0.0225%1h2.9765+0.118%$4.6M$4.9M5xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9690−0.135%$67K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0536% / S −0.0528%1h2.9726−0.013%$40K100xas long as short
Kraken Futures PF_ICPUSD+0.0568%1h2.9707−0.078%$522K$605K50xas long as short