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 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against SunX0.000%55s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1681.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 3 days (all we have)−0.063%−$6 · spread now 0.000%, 7d avg +0.023%
Together, before fees+0.114%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.023% cheaper against SunX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.023%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$4 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ICP-USDT3.06800.0100pay 0.0100% / 8h7h 13m$2K$1.8M20x
ShortBloFin ICP-USDT3.06800.0220get 0.0220% / 8h7h 13m$1.3M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$25.2
Price spread: 0.000% → +0.023%
−$2.3
Slippage, 4 orders
−$147.78
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$144.88
Costs to cover
1.678%
Break-even
47.2 days
Slippage from SunX: live order book, 12 min ago; BloFin: live order book, 4 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 SunX live order book, 12 min ago47.53 bp69.8 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago1.64 bp16.9 bp −$1721.8 bp −$21880.4 bp −$8,041doesn'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%1h3.0673−0.023%$273$46450xas long as short
Kraken Futures PF_ICPUSD−0.0120%1h3.0723+0.139%$560K$598K50xas long as short
Variational Omni ICP−0.0052%8h3.0520−0.521%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.0690+0.034%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0683+0.010%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−3.308%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0731+0.166%$172K$484K5xas long as short
Aster ICPUSDT+0.0100%8h3.0720+0.130%$339K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0701+0.068%$139K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0684+0.013%$30.7M$52.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0670−0.033%$18.2M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0670−0.033%$6.2M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.0690+0.033%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.06800.000%$19.9M$9.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0670−0.033%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0700+0.065%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.06800.000%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0650−0.097%$24K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0655−0.080%$582K$467K10xas long as short
SunX ICP-USDTlong+0.0100%8h3.0680long leg$2K$1.8M20x
HTX ICP-USDT+0.0100%8h3.0620−0.196%$107K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0700+0.065%$1.8M$777K50xas long as short
Extended ICP-USD+0.0104%1h3.0683+0.010%$23K$129K10xas long as short
Hyperliquid ICP+0.0175%1h3.0737+0.186%$4.8M$4.9M5xas long as short
BloFin ICP-USDTshort+0.0220%8h3.06800.000%$1.3M$2.3M75x
Coinbase International ICP-PERP-INTX+0.0280%1h3.0690+0.033%$64K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0513% / S −0.0480%1h3.0682+0.005%$38K100xas long as short