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 +0.009%
Price spread now: BingX against MEXC−0.034%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 7 days+0.040%+$4 · spread now −0.034%, 7d avg −0.014%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT2.93300.0100pay 0.0100% / 8h2h 19m$18.1M$10.0M50x
ShortBingX ICP-USDT2.93200.0100get 0.0100% / 8h2h 19m$5.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: −0.034% → −0.014%
−$1.99
Slippage, 4 orders
−$19.19
Fee MEXC: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$31.18
Costs to cover
0.292%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 16 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 MEXC live order book, 4 min ago3.43 bp3.4 bp −$310.4 bp −$10458.9 bp −$5,889128.3 bp −$64.2K
Sell BingX live order book, 16 min ago1.71 bp13.5 bp −$1319.8 bp −$19886.1 bp −$8,613468.9 bp −$234.4K

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
Kraken Futures PF_ICPUSD−0.0068%1h2.9345+0.052%$520K$687K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0023%1h2.9337+0.024%$191$43950xas long as short
dYdX ICP-USD0.0000%1h2.9345+0.050%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9340+0.034%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.142%$202$200K12xas long as short
Variational Omni ICP+0.0053%8h2.9230−0.341%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9360+0.102%$141K$494K5xas long as short
Hyperliquid ICP+0.0100%1h2.9385+0.188%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9356+0.089%$262K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9343+0.045%$133K$10K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9340+0.034%$28.7M$48.8M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9310−0.068%$17.1M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9310−0.068%$5.6M$14.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9320−0.034%$1.8M$2.9M50xas long as short
MEXC ICP_USDTlong+0.0100%8h2.9330long leg$18.1M$10.0M50x
KuCoin ICPUSDTM+0.0100%8h2.9340+0.034%$4.8M$12.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9340+0.034%$6.9M$4.6M50xas long as short
BingX ICP-USDTshort+0.0100%8h2.9320−0.034%$5.8M
edgeX ICPUSDC+0.0100%4h2.9147−0.624%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9142−0.639%$553K$495K10xas long as short
SunX ICP-USDT+0.0100%8h2.93300.000%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9290−0.136%$102K$118K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9320−0.034%$1.7M$667K50xas long as short
Extended ICP-USD+0.0104%1h2.9332+0.005%$23K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9300−0.102%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9350+0.068%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9337+0.024%$30K100xas long as short