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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0152%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h −0.001%
Price spread now: dYdX against Injective+0.988%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and dYdX is 0.988% dearer against Injective than usual: you sell high and buy low: +$99 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ICP/USDC PERP2.9665−0.0152get 0.0019% / 1h10m 41s$202$200K12x
ShortdYdX ICP-USD2.99580get 0.0000% / 1h10m 41s$70K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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
$31.93
Price spread: +0.988% → 0.000%
$98.79
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$120.7
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell dYdX no order-book sample
Injective and dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1474%8h2.9800+0.455%$1.7M$771K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0184%1h2.9961+0.998%$267$46450xas long as short
Variational Omni ICP−0.0159%8h2.9981+1.066%$1.1M$107Kas long as short
Injective ICP/USDC PERPlong−0.0152%1h2.9665long leg$202$200K12x
Gate ICP_USDT−0.0047%8h2.9960+0.994%$1.9M$2.8M50xas long as short
dYdX ICP-USDshort0.0000%1h2.9958+0.988%$70K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9974+1.043%$27K150xas long as short
Lighter ICP+0.0096%1h2.9994+1.109%$165K$446K5xas long as short
Aster ICPUSDT+0.0100%8h2.9970+1.028%$209K$1.4M20xas long as short
Pacifica ICP+0.0100%1h2.9978+1.055%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9961+0.998%$29.6M$50.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9950+0.961%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9950+0.961%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9960+0.994%$19.6M$8.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9960+0.994%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9970+1.028%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9960+0.994%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9940+0.928%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9941+0.929%$573K$435K10xas long as short
SunX ICP-USDT+0.0100%8h2.9950+0.961%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9930+0.893%$106K$220K20xas long as short
Extended ICP-USD+0.0104%1h2.9964+1.007%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9960+0.994%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h2.9971+1.030%$486K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+1.230%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9967+1.018%$37K100xas long as short
Hyperliquid ICP+0.0674%1h3.0026+1.217%$4.8M$5.0M5xas long as short