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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against KuCoin−0.067%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1591.594% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 3 days (all we have)−0.085%−$8 · spread now −0.067%, 7d avg −0.093%
Together, before fees−0.016%−$2 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: HTX is 0.026% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ICPUSDTM2.99200.0100pay 0.0100% / 8h6h 42m$5.0M$13.5M50x
ShortHTX ICP-USDT2.99000.0100get 0.0100% / 8h6h 42m$105K$240K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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% → −0.093%
$2.64
Slippage, 4 orders
−$135.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$156.73
Costs to cover
1.594%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; HTX: live order book, 24 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 KuCoin live order book, 2 min ago3.33 bp33.8 bp −$3495.4 bp −$954doesn't fitdoesn't fit
Sell HTX live order book, 24 min ago44.46 bp53.7 bp −$54doesn'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
Variational Omni ICP−0.0022%8h3.0040+0.402%$1.1M$118Kas long as short
dYdX ICP-USD0.0000%1h2.9936+0.052%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9932+0.040%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9933+0.043%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.852%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9949+0.097%$164K$489K5xas long as short
Aster ICPUSDT+0.0100%8h2.9951+0.102%$298K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9943+0.077%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9930+0.033%$29.8M$54.0M75xas long as short
Bybit ICPUSDT+0.0100%8h2.99200.000%$17.7M$19.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.99200.000%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9930+0.033%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9930+0.033%$19.1M$10.0M50xas long as short
KuCoin ICPUSDTMlong+0.0100%8h2.9920long leg$5.0M$13.5M50x
Bitget ICPUSDT+0.0100%8h2.9950+0.100%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9930+0.033%$6.1Mas long as short
edgeX ICPUSDC+0.0100%4h3.0059+0.464%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9985+0.218%$569K$477K10xas long as short
SunX ICP-USDT+0.0100%8h2.9940+0.067%$2K$1.8M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9900−0.067%$105K$240K20x
Phemex ICPUSDT+0.0100%8h2.9990+0.234%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9924+0.012%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0060+0.468%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0080+0.535%$65K$75K50xas long as short
Hyperliquid ICP+0.0392%1h2.9979+0.198%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h2.9935+0.050%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0896%1h2.9960+0.134%$543K$617K50xas long as short