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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h −0.101%
Price spread now: HTX against GMX−0.295%7-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
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and HTX is 0.295% cheaper against GMX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ICP/USD [WBTC.b-USDC]2.9507L +0.0454% / S −0.0403%pay 0.0057% / 1h19m 32s$33K100x
ShortHTX ICP-USDT2.94200.0100get 0.0100% / 8h6h 19m$103K$124K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GMX. 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
−$74.38
Price spread: −0.295% → 0.000%
−$29.48
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$127.86
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; HTX: live order book, 29 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 GMX no order-book sample
Sell HTX live order book, 29 min ago8.55 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit
GMX: 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 exchanges

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−0.0175%8h2.9450−0.193%$1.7M$697K50xas long as short
Variational Omni ICP−0.0153%8h2.9459−0.163%$1.0M$157Kas long as short
dYdX ICP-USD0.0000%1h2.9500−0.023%$68K$2K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9512+0.017%$192$43950xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9496−0.037%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.536%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9523+0.054%$136K$471K5xas long as short
Aster ICPUSDT+0.0100%8h2.9523+0.053%$249K$974K20xas long as short
Pacifica ICP+0.0100%1h2.9536+0.099%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9511+0.012%$28.6M$48.1M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9490−0.058%$17.1M$17.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9510+0.010%$5.8M$13.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9510+0.010%$1.9M$2.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9520+0.044%$18.5M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9530+0.078%$5.0M$11.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9530+0.078%$7.0M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9510+0.010%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9488−0.064%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9479−0.096%$571K$593K10xas long as short
SunX ICP-USDT+0.0100%8h2.9500−0.024%$2K$1.4M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9420−0.295%$103K$124K20x
Extended ICP-USD+0.0104%1h2.9509+0.005%$22K$242K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9510+0.010%$1.2M$2.4M75xas long as short
Kraken Futures PF_ICPUSD+0.0353%1h2.9533+0.087%$513K$596K50xas long as short
Coinbase International ICP-PERP-INTX+0.0448%1h2.9570+0.214%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]longL +0.0454% / S −0.0403%1h2.9507long leg$33K100x
Hyperliquid ICP+0.0551%1h2.9561+0.183%$4.6M$4.5M5xas long as short