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 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.032%
Price spread now: edgeX against Injective−1.649%7-day average −0.876% · you buy dearer than you sell
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+0.200%+$20 on $10k
Price spread, last 4 days (all we have)+1.405%+$141 · spread now −1.649%, 7d avg −0.876%
Together, before fees+1.606%+ Points / potential airdropedgeX: Active · farm board+$161 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.773% cheaper against Injective than usual: you would sell low and buy high (spread −1.649% now, against its 7-day average of −0.876%). If the spread goes back, that is −$77 on $10k: about 39 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ICP/USDC PERP2.96650.0033pay 0.0004% / 1h38m 00s$202$200K12x
ShortedgeX ICPUSDC2.91760.0100get 0.0050% / 4h2h 38m$23K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$14
Price spread: −1.649% → −0.876%
−$77.32
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$72.34
Costs to cover
0.090%
Break-even
43.2 days
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 10 min ago. 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 edgeX live order book, 10 min ago6.84 bp11.5 bp −$1226.5 bp −$265doesn't fitdoesn't fit
Injective: 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
Deribit ICP_USDC-PERPETUAL−0.0334%1h2.9108−1.878%$189$43950xas long as short
Kraken Futures PF_ICPUSD−0.0069%1h2.9116−1.852%$483K$646K50xas long as short
dYdX ICP-USD0.0000%1h2.9098−1.913%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9113−1.861%$10K150xas long as short
Injective ICP/USDC PERPlong+0.0033%1h2.9665long leg$202$200K12x
Variational Omni ICP+0.0062%8h2.9110−1.869%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9125−1.820%$140K$493K5xas long as short
Hyperliquid ICP+0.0100%1h2.9152−1.729%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9151−1.732%$261K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9107−1.882%$132K$10K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9140−1.770%$28.5M$48.6M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9130−1.803%$17.1M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9140−1.770%$5.6M$14.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9120−1.837%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9140−1.770%$17.9M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9130−1.803%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9140−1.770%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9150−1.736%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9176−1.649%$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9126−1.818%$554K$489K10xas long as short
SunX ICP-USDT+0.0100%8h2.9090−1.938%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9060−2.039%$101K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9120−1.837%$1.7M$736K50xas long as short
Extended ICP-USD+0.0104%1h2.9118−1.845%$23K$134K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9090−1.938%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9140−1.770%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9109−1.874%$30K100xas long as short