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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.006%
Price spread now: Extended against MEXC+0.011%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.011%, 7d avg −0.029%
Together, before fees−0.016%+ Points / potential airdropExtended: Active · farm board−$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: Extended is 0.040% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT3.06100.0100pay 0.0100% / 8h7h 11m$20.1M$9.7M50x
ShortExtended ICP-USD3.06130.0104get 0.0013% / 1h11m 46s$23K$129K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.011% → −0.029%
$4.04
Slippage, 4 orders
−$32.54
Fee MEXC: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$32.66
Costs to cover
0.375%
Break-even
279.2 days
Slippage from MEXC: live order book, 2 min ago; Extended: live order book, 59 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, 2 min ago1.63 bp3.6 bp −$49.8 bp −$9867.8 bp −$6,785141.1 bp −$70.5K
Sell Extended live order book, 59 min ago3.98 bp12.8 bp −$1378.5 bp −$785doesn'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
Deribit ICP_USDC-PERPETUAL−0.0174%1h3.0630+0.065%$273$46450xas long as short
Kraken Futures PF_ICPUSD−0.0120%1h3.0689+0.260%$559K$598K50xas long as short
Variational Omni ICP−0.0052%8h3.0520−0.293%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.0610−0.001%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0643+0.108%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−3.087%$202$200K12xas long as short
Phemex ICPUSDT+0.0059%8h3.0590−0.065%$1.8M$777K50xas long as short
Lighter ICP+0.0096%1h3.0652+0.137%$171K$484K5xas long as short
Aster ICPUSDT+0.0100%8h3.0651+0.135%$338K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0619+0.028%$139K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.06100.000%$30.7M$52.8M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0590−0.065%$18.1M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.06100.000%$6.2M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.06100.000%$2.0M$3.0M50xas long as short
MEXC ICP_USDTlong+0.0100%8h3.0610long leg$20.1M$9.7M50x
KuCoin ICPUSDTM+0.0100%8h3.0580−0.098%$5.1M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0620+0.033%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0600−0.033%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0650+0.132%$24K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0655+0.148%$582K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0630+0.065%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.06100.000%$107K$239K20xas long as short
Extended ICP-USDshort+0.0104%1h3.0613+0.011%$23K$129K10x
Hyperliquid ICP+0.0180%1h3.0657+0.154%$4.8M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0700+0.294%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0680+0.229%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0513% / S −0.0480%1h3.0644+0.111%$38K100xas long as short