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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: SunX against OKX0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now 0.000%, 7d avg +0.001%
Together, before fees+0.193%+$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.97000.0100pay 0.0100% / 8h7h 12m$5.8M$13.7M50x
ShortSunX ICP-USDT2.97000.0100get 0.0100% / 8h7h 12m$1K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: 0.000% → +0.001%
−$0.1
Slippage, 4 orders
−$153.22
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$171.32
Costs to cover
1.712%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; SunX: live order book, 2 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 ago1.68 bp11.3 bp −$1133.9 bp −$339doesn't fitdoesn't fit
Sell SunX live order book, 2 min ago48.76 bp74.4 bp −$74doesn'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
Phemex ICPUSDT−0.0396%8h2.9650−0.168%$1.8M$690K50xas long as short
Kraken Futures PF_ICPUSD−0.0338%1h2.9739+0.132%$526K$621K50xas long as short
Variational Omni ICP−0.0163%8h2.9701+0.002%$1.1M$134Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0053%1h2.9719+0.064%$193$43950xas long as short
dYdX ICP-USD0.0000%1h2.9735+0.119%$69K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9717+0.057%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.118%$202$200K12xas long as short
Bybit ICPUSDT+0.0050%8h2.9690−0.034%$17.2M$17.6M75xas long as short
Lighter ICP+0.0096%1h2.9716+0.054%$136K$491K5xas long as short
Aster ICPUSDT+0.0100%8h2.9721+0.071%$280K$970K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9715+0.051%$134K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9707+0.024%$28.9M$47.7M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9700long leg$5.8M$13.7M50x
Gate ICP_USDT+0.0100%8h2.97000.000%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9710+0.034%$19.0M$10.0M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9720+0.067%$4.9M$11.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9720+0.067%$7.1M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.97000.000%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9710+0.034%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9724+0.080%$572K$586K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.97000.000%$1K$1.4M20x
HTX ICP-USDT+0.0100%8h2.9690−0.034%$104K$113K20xas long as short
Extended ICP-USD+0.0104%1h2.9712+0.041%$22K$236K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9720+0.067%$1.2M$2.4M75xas long as short
Hyperliquid ICP+0.0249%1h2.9752+0.177%$4.6M$4.5M5xas long as short
Coinbase International ICP-PERP-INTX+0.0416%1h2.9780+0.269%$58K$68K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0455% / S −0.0403%1h2.9715+0.051%$33K100xas long as short