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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1550%/8h= +169.7% APRnext payment +$15.50 per $10,000 · paid last 24h +0.281%
Price spread now: HTX against Phemex+0.302%7-day average +0.099% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.447%+$245 on $10k
Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.302%, 7d avg +0.099%
Together, before fees+2.227%+$223 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$47 a day on $10k at the current rate, and HTX is 0.203% dearer against Phemex than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ICPUSDT2.9840−0.1450get 0.1450% / 8h1h 20m$1.7M$773K50x
ShortHTX ICP-USDT2.99300.0100get 0.0100% / 8h1h 20m$106K$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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
$325.52
Price spread: +0.302% → +0.099%
$20.27
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$321.8
Costs to cover
0.240%
Break-even
0.1 days
Slippage unknown: Phemex: live order book, 2 min ago; HTX: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 2 min ago3.36 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 61 min ago20.12 bp64.4 bp −$64doesn'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 ICPUSDTlong−0.1450%8h2.9840long leg$1.7M$773K50x
Variational Omni ICP−0.0177%8h2.9941+0.339%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.586%$202$200K12xas long as short
Gate ICP_USDT−0.0064%8h3.0000+0.536%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9997+0.526%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0013+0.580%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0004+0.551%$27K150xas long as short
Lighter ICP+0.0096%1h3.0035+0.653%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h3.0035+0.655%$203K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0021+0.605%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0009+0.567%$29.6M$50.2M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9980+0.469%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0000+0.536%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0000+0.536%$19.2M$8.8M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0000+0.536%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0010+0.570%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0000+0.536%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9962+0.409%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9989+0.499%$574K$480K10xas long as short
SunX ICP-USDT+0.0100%8h3.0010+0.570%$838$1.8M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9930+0.302%$106K$219K20x
Extended ICP-USD+0.0104%1h3.0004+0.550%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0000+0.536%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h3.0036+0.657%$487K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+0.637%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h3.0003+0.546%$37K100xas long as short
Hyperliquid ICP+0.0673%1h3.0067+0.761%$4.8M$5.0M5xas long as short