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: SunX against HTX+0.066%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2722.716% 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)+0.047%+$5 · spread now +0.066%, 7d avg +0.030%
Together, before fees+0.073%+$7 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 0.036% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT3.02500.0100pay 0.0100% / 8h4m 17s$108K$228K20x
ShortSunX ICP-USDT3.02700.0100get 0.0100% / 8h4m 17s$1K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.066% → +0.030%
$3.63
Slippage, 4 orders
−$251.63
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$268
Costs to cover
2.716%
Break-even
never at this rate
Slippage from HTX: live order book, 7 min ago; SunX: live order book, 11 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, 7 min ago19.88 bp29.1 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 11 min ago48.01 bp70.8 bp −$71doesn'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−0.1264%8h3.0300+0.165%$1.8M$761K50xas long as short
Variational Omni ICP−0.0108%8h3.0111−0.460%$1.1M$108Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0047%1h3.0272+0.073%$270$46450xas long as short
Gate ICP_USDT−0.0004%8h3.0270+0.066%$1.9M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0230−0.066%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0284+0.114%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.934%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0288+0.126%$157K$455K5xas long as short
Aster ICPUSDT+0.0100%8h3.0285+0.116%$182K$1.5M20xas long as short
Pacifica ICP+0.0100%1h3.0222−0.094%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0266+0.051%$29.9M$51.8M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0260+0.033%$17.9M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.02500.000%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0260+0.033%$19.1M$9.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0240−0.033%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0280+0.099%$7.1M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0260+0.033%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0123−0.420%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0159−0.302%$581K$450K10xas long as short
SunX ICP-USDTshort+0.0100%8h3.0270+0.066%$1K$1.8M20x
HTX ICP-USDTlong+0.0100%8h3.0250long leg$108K$228K20x
Extended ICP-USD+0.0104%1h3.0274+0.078%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0301+0.168%$538K$579K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0110−0.463%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+0.959%$64K$89K50xas long as short
Hyperliquid ICP+0.0289%1h3.0285+0.116%$4.7M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h3.0280+0.098%$38K100xas long as short