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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h +0.026%
Price spread now: Coinbase International against SunX+0.374%7-day average · 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+0.307%+$31 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.374% dearer against SunX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ICP-USDT2.94200.0100pay 0.0100% / 8h3h 12m$2K$1.5M20x
ShortCoinbase International ICP-PERP-INTX2.95300.0352get 0.0044% / 1h12m 36s$57K$69K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$52.92
Price spread: +0.374% → 0.000%
$37.39
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$72.31
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SunX: live order book, 12 min ago; Coinbase International: no order-book sample. 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 SunX live order book, 12 min ago49.28 bp74.2 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0090%1h2.9417−0.010%$191$43950xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9451+0.105%$524K$597K50xas long as short
dYdX ICP-USD0.0000%1h2.9429+0.031%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9440+0.068%$10K150xas long as short
Phemex ICPUSDT+0.0008%8h2.94200.000%$1.7M$786K50xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.833%$202$200K12xas long as short
Variational Omni ICP+0.0074%8h2.9450+0.101%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9413−0.024%$143K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9435+0.051%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9413−0.025%$264K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9413−0.025%$133K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9374−0.156%$28.7M$48.2M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9360−0.204%$17.0M$17.3M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9410−0.034%$5.7M$14.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9400−0.068%$1.8M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9400−0.068%$18.5M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9400−0.068%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9410−0.034%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9400−0.068%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9458+0.128%$23K$281K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9444+0.082%$566K$492K10xas long as short
SunX ICP-USDTlong+0.0100%8h2.9420long leg$2K$1.5M20x
HTX ICP-USDT+0.0100%8h2.94200.000%$103K$116K20xas long as short
Extended ICP-USD+0.0104%1h2.9391−0.098%$22K$133K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9410−0.034%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTXshort+0.0352%1h2.9530+0.374%$57K$69K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9429+0.030%$31K100xas long as short