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 0.000%
Price spread now: HTX against GRVT+0.205%77s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1171.173% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.337%−$34 · spread now +0.205%, 7d avg −0.032%
Together, before fees−0.350%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.238% dearer against GRVT than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.032%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ICP_USDT_Perp2.92900.0100pay 0.0100% / 8h2h 15m$565K$505K10x
ShortHTX ICP-USDT2.93500.0100get 0.0100% / 8h2h 15m$102K$118K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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: +0.205% → −0.032%
$23.79
Slippage, 4 orders
−$96.26
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$93.47
Costs to cover
1.173%
Break-even
never at this rate
Slippage from GRVT: live order book, 32 min ago; HTX: live order book, 30 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 GRVT live order book, 32 min ago3.42 bp19.5 bp −$19121.7 bp −$1,217doesn't fitdoesn't fit
Sell HTX live order book, 30 min ago15.42 bp60.1 bp −$60doesn't fitdoesn't fitdoesn't fit

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−0.0068%1h2.9385+0.325%$522K$688K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0056%1h2.9359+0.236%$191$43950xas long as short
dYdX ICP-USD0.0000%1h2.9340+0.170%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9363+0.249%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.281%$202$200K12xas long as short
Variational Omni ICP+0.0053%8h2.9230−0.205%$1.0M$133Kas long as short
Phemex ICPUSDT+0.0077%8h2.9310+0.069%$1.7M$668K50xas long as short
Lighter ICP+0.0096%1h2.9374+0.287%$141K$494K5xas long as short
Hyperliquid ICP+0.0100%1h2.9405+0.393%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9378+0.300%$263K$1.3M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9341+0.174%$133K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9378+0.300%$28.8M$48.9M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9370+0.274%$17.2M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9350+0.205%$5.6M$14.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9360+0.240%$1.8M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9370+0.274%$18.4M$10.0M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9360+0.240%$4.8M$12.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9380+0.308%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9350+0.205%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9258−0.109%$23K$279K10xas long as short
GRVT ICP_USDT_Perplong+0.0100%8h2.9290long leg$565K$505K10x
SunX ICP-USDT+0.0100%8h2.9350+0.205%$2K$1.5M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9350+0.205%$102K$118K20x
Extended ICP-USD+0.0104%1h2.9362+0.248%$23K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9280−0.034%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9380+0.308%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9363+0.249%$30K100xas long as short