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

ICP

all ICP markets
SwapBacktest
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 0.000%
Price spread now: BingX against HTX+0.067%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1121.122% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 3 days (all we have)+0.038%+$4 · spread now +0.067%, 7d avg +0.044%
Together, before fees+0.031%+$3 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: BingX is 0.023% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT2.97600.0100pay 0.0100% / 8h1h 50m$106K$218K20x
ShortBingX ICP-USDT2.97800.0100get 0.0100% / 8h1h 50m$4.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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: +0.067% → +0.044%
$2.33
Slippage, 4 orders
−$90.17
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$109.84
Costs to cover
1.122%
Break-even
never at this rate
Slippage from HTX: live order book, 31 min ago; BingX: live order book, 15 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 HTX live order book, 31 min ago20.12 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago5.06 bp10.1 bp −$1016.3 bp −$16361.8 bp −$6,181449.1 bp −$224.6K

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−0.1234%8h2.9710−0.168%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0253%1h2.9798+0.128%$266$46450xas long as short
Variational Omni ICP−0.0215%8h2.9802+0.143%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.319%$202$200K12xas long as short
Gate ICP_USDT−0.0111%8h2.9790+0.101%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9807+0.158%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9816+0.188%$27K150xas long as short
Bybit ICPUSDT+0.0057%8h2.9770+0.034%$17.1M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9830+0.235%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9828+0.229%$185K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9815+0.184%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9805+0.150%$29.0M$49.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9780+0.067%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9800+0.134%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9800+0.134%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9800+0.134%$6.8M$4.4M50xas long as short
BingX ICP-USDTshort+0.0100%8h2.9780+0.067%$4.9M
edgeX ICPUSDC+0.0100%4h2.9753−0.025%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9790+0.101%$570K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9790+0.101%$1K$1.7M20xas long as short
HTX ICP-USDTlong+0.0100%8h2.9760long leg$106K$218K20x
Extended ICP-USD+0.0104%1h2.9806+0.154%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.97600.000%$1.2M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9810+0.168%$488K$512K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9820+0.202%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9811+0.171%$31K100xas long as short
Hyperliquid ICP+0.0561%1h2.9847+0.292%$4.7M$5.0M5xas long as short