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

ICP

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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 +0.012%
Price spread now: Bitget against OKX+0.100%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 7 days−0.075%−$7 · spread now +0.100%, 7d avg +0.031%
Together, before fees+0.005%$0 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: Bitget is 0.069% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP3.00000.0100pay 0.0100% / 8h6h 07m$5.8M$17.0M50x
ShortBitget ICPUSDT3.00300.0100get 0.0100% / 8h6h 07m$7.1M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.100% → +0.031%
$6.91
Slippage, 4 orders
−$30.42
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$45.51
Costs to cover
0.524%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 6 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 OKX live order book, 1 min ago3.33 bp11.8 bp −$1234.3 bp −$343doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago3.32 bp11.3 bp −$1133.8 bp −$338doesn't fitdoesn't fit

ICP on 26 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−0.0016%1h3.0052+0.173%$268$46450xas long as short
Phemex ICPUSDT−0.0005%8h3.0010+0.033%$1.8M$798K50xas long as short
dYdX ICP-USD0.0000%1h3.0044+0.147%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0033+0.110%$23K150xas long as short
Variational Omni ICP+0.0014%8h3.0080+0.266%$1.1M$116Kas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.117%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0064+0.213%$164K$492K5xas long as short
Aster ICPUSDT+0.0100%8h3.0051+0.169%$280K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0047+0.156%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0039+0.129%$29.7M$53.5M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.00000.000%$17.5M$19.0M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h3.0000long leg$5.8M$17.0M50x
Gate ICP_USDT+0.0100%8h3.0040+0.133%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0020+0.067%$19.4M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.00000.000%$4.9M$13.4M50xas long as short
Bitget ICPUSDTshort+0.0100%8h3.0030+0.100%$7.1M$4.9M50x
BingX ICP-USDT+0.0100%8h3.0020+0.067%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9971−0.097%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9972−0.093%$581K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9960−0.133%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9960−0.133%$105K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0047+0.156%$22K$125K10xas long as short
Hyperliquid ICP+0.0136%1h3.0048+0.160%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0140+0.467%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0030+0.101%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0893%1h3.0079+0.262%$545K$609K50xas long as short