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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: SunX against GRVT+0.164%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1831.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 3 days (all we have)−0.171%−$17 · spread now +0.164%, 7d avg +0.049%
Together, before fees−0.131%+ Points / potential airdropGRVT: Active · farm board−$13 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: SunX is 0.115% dearer against GRVT than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ICP_USDT_Perp3.03400.0100pay 0.0100% / 8h52m 41s$581K$435K10x
ShortSunX ICP-USDT3.03900.0100get 0.0100% / 8h52m 41s$1K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.164% → +0.049%
$11.45
Slippage, 4 orders
−$165.9
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$171.45
Costs to cover
1.829%
Break-even
never at this rate
Slippage from GRVT: live order book, 25 min ago; SunX: live order book, 13 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, 25 min ago3.33 bp17.7 bp −$1832.3 bp −$323doesn't fitdoesn't fit
Sell SunX live order book, 13 min ago48.31 bp73.8 bp −$74doesn'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
Phemex ICPUSDT−0.1561%8h3.0210−0.429%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0276%1h3.0403+0.207%$271$46450xas long as short
Variational Omni ICP−0.0141%8h3.0311−0.097%$1.1M$107Kas long as short
Gate ICP_USDT−0.0034%8h3.0400+0.197%$2.0M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0409+0.226%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0425+0.278%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.226%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0387+0.154%$160K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0411+0.233%$196K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0390+0.164%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0367+0.087%$29.9M$50.7M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0340−0.001%$17.7M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0350+0.032%$6.2M$16.6M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0350+0.032%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0370+0.098%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0360+0.065%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0400+0.197%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0343+0.010%$23K$277K10xas long as short
GRVT ICP_USDT_Perplong+0.0100%8h3.0340long leg$581K$435K10x
SunX ICP-USDTshort+0.0100%8h3.0390+0.164%$1K$1.8M20x
HTX ICP-USDT+0.0100%8h3.0390+0.164%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0410+0.230%$25K$118K10xas long as short
Hyperliquid ICP+0.0124%1h3.0441+0.331%$4.8M$5.0M5xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0430+0.294%$494K$530K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0400+0.197%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0430+0.296%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0427+0.284%$38K100xas long as short