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+0.1448%/8h= +158.6% APRnext payment +$14.48 per $10,000 · paid last 24h +0.281%
Price spread now: SunX against Phemex+0.436%7-day average +0.127% · 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+2.473%+$247 on $10k
Price spread, last 3 days (all we have)−0.203%−$20 · spread now +0.436%, 7d avg +0.127%
Together, before fees+2.270%+$227 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and SunX is 0.309% dearer against Phemex than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ICPUSDT2.9790−0.1348get 0.1348% / 8h1h 31m$1.7M$775K50x
ShortSunX ICP-USDT2.99200.0100get 0.0100% / 8h1h 31m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$304.16
Price spread: +0.436% → +0.127%
$30.94
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$315.1
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Phemex: live order book, 2 min ago; SunX: live order book, 4 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 SunX live order book, 4 min ago48.39 bp78.4 bp −$78doesn'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−0.1348%8h2.9790long leg$1.7M$775K50x
Variational Omni ICP−0.0182%8h2.9972+0.609%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.420%$202$200K12xas long as short
Gate ICP_USDT−0.0087%8h2.9920+0.436%$1.9M$2.8M50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0017%1h2.9933+0.480%$267$46450xas long as short
dYdX ICP-USD0.0000%1h2.9943+0.514%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9925+0.454%$27K150xas long as short
Bybit ICPUSDT+0.0092%8h2.9920+0.436%$17.4M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9965+0.587%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h2.9953+0.548%$200K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9947+0.528%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9945+0.520%$29.8M$49.8M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9930+0.470%$5.9M$16.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9940+0.504%$19.0M$8.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9940+0.504%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9940+0.504%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9930+0.470%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9966+0.591%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9955+0.553%$573K$469K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9920+0.436%$2K$1.7M20x
HTX ICP-USDT+0.0100%8h2.9900+0.369%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9937+0.495%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9950+0.537%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h2.9950+0.538%$488K$526K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9980+0.638%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9925+0.453%$37K100xas long as short
Hyperliquid ICP+0.0666%1h2.9996+0.692%$4.8M$5.0M5xas long as short