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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against HTX−0.056%77s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1561.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.056%, 7d avg −0.018%
Together, before fees+0.129%+ Points / potential airdropedgeX: 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: edgeX is 0.037% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.018%. 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
LongHTX ICP-USDT3.04900.0100pay 0.0100% / 8h7h 16m$107K$239K20x
ShortedgeX ICPUSDC3.04730.0100get 0.0050% / 4h3h 16m$24K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.056% → −0.018%
−$3.75
Slippage, 4 orders
−$135.18
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$159.92
Costs to cover
1.562%
Break-even
never at this rate
Slippage from HTX: live order book, 55 min ago; edgeX: live order book, 56 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, 55 min ago19.88 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 56 min ago8.29 bp12.8 bp −$1326.1 bp −$261doesn'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
Deribit ICP_USDC-PERPETUAL−0.0143%1h3.0548+0.190%$272$46450xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0618+0.420%$558K$598K50xas long as short
Variational Omni ICP−0.0052%8h3.0520+0.099%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.04900.000%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0544+0.176%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.706%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0629+0.456%$174K$480K5xas long as short
Aster ICPUSDT+0.0100%8h3.0544+0.178%$337K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0531+0.136%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0599+0.357%$30.7M$52.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0590+0.328%$18.2M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0570+0.262%$6.2M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.0540+0.164%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0600+0.361%$19.8M$9.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0580+0.295%$5.1M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0610+0.394%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0530+0.131%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0473−0.056%$24K$279K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0474−0.053%$578K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0530+0.131%$2K$1.8M20xas long as short
HTX ICP-USDTlong+0.0100%8h3.0490long leg$107K$239K20x
Phemex ICPUSDT+0.0100%8h3.0570+0.262%$1.8M$777K50xas long as short
Extended ICP-USD+0.0104%1h3.0556+0.215%$23K$129K10xas long as short
Hyperliquid ICP+0.0166%1h3.0582+0.302%$4.8M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0400−0.295%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0530+0.131%$63K$65K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0544+0.177%$38K100xas long as short