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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.009%
Price spread now: dYdX against Gate+0.246%46s7-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 7 days−0.022%−$2 on $10k
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 dYdX is 0.246% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). 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
LongGate ICP_USDT2.9730−0.0106get 0.0106% / 8h1h 52m$1.9M$2.7M50x
ShortdYdX ICP-USD2.98030get 0.0000% / 1h52m 51s$69K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$22.26
Price spread: +0.246% → 0.000%
$24.56
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee dYdX: 5 bp × 2 orders
−$10
Net
$21.82
Costs to cover
0.250%
Break-even
0.1 days
Slippage unknown: Gate: live order book, 5 min ago; dYdX: no order-book sample. 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 Gate live order book, 5 min ago5.04 bp21.5 bp −$2141.4 bp −$41463.2 bp −$6,322doesn't fit
Sell dYdX no order-book sample
dYdX: 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−0.1241%8h2.9670−0.202%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0388%1h2.9748+0.061%$265$46450xas long as short
Variational Omni ICP−0.0215%8h2.9802+0.244%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.219%$202$200K12xas long as short
Gate ICP_USDTlong−0.0106%8h2.9730long leg$1.9M$2.7M50x
dYdX ICP-USDshort0.0000%1h2.9803+0.246%$69K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9766+0.119%$27K150xas long as short
Bybit ICPUSDT+0.0053%8h2.9710−0.067%$17.1M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9757+0.091%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9767+0.124%$184K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9772+0.140%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.97300.000%$28.9M$48.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9720−0.034%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.97300.000%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9740+0.034%$5.0M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9740+0.034%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9740+0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9812+0.277%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9790+0.202%$570K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9740+0.034%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9740+0.034%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9725−0.016%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9770+0.135%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0225%1h2.9766+0.120%$487K$512K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9800+0.235%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9763+0.112%$31K100xas long as short
Hyperliquid ICP+0.0572%1h2.9786+0.188%$4.7M$5.0M5xas long as short