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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0409%/8h= −44.8% APRpaid last 24h −0.078%
Price spread now: SunX against GMX−0.151%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 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 against this trade now: funding costs −$12 a day on $10k at the current rate, and SunX is 0.151% cheaper against GMX than usual: you would sell low and buy high (−$15 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]3.0366L +0.0509% / S −0.0480%pay 0.0064% / 1h52m 25s$38K100x
ShortSunX ICP-USDT3.03200.0100get 0.0100% / 8h52m 25s$1K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$85.83
Price spread: −0.151% → 0.000%
−$15.08
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$120.9
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago47.75 bp70.5 bp −$70doesn'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 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−0.1561%8h3.0210−0.513%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0408%1h3.0357−0.029%$271$46450xas long as short
Variational Omni ICP−0.0141%8h3.0311−0.181%$1.1M$107Kas long as short
Gate ICP_USDT−0.0037%8h3.0360−0.019%$2.0M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0409+0.142%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0370+0.014%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.308%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0387+0.070%$160K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0390+0.081%$196K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0390+0.080%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0350−0.052%$29.9M$50.7M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0320−0.151%$17.6M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0350−0.052%$6.2M$16.6M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0340−0.085%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0370+0.014%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0350−0.052%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0360−0.019%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0343−0.074%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0340−0.084%$581K$435K10xas long as short
SunX ICP-USDTshort+0.0100%8h3.0320−0.151%$1K$1.8M20x
HTX ICP-USDT+0.0100%8h3.0390+0.080%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0344−0.072%$25K$118K10xas long as short
Hyperliquid ICP+0.0115%1h3.0385+0.063%$4.8M$5.0M5xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0372+0.020%$493K$530K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0400+0.113%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0430+0.211%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]longL +0.0509% / S −0.0480%1h3.0366long leg$38K100x