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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against SunX+0.225%54s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.225% dearer against SunX than usual: you sell high and buy low (spread +0.225% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.3 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ICP-USDT2.97800.0100pay 0.0100% / 8h2h 30m$2K$1.7M20x
ShortgTrade (Gains Network) ICP/USD2.9847L +0.0006% / S −0.0010%get 0.0001% / 1h30m 24s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$18.91
Price spread: +0.225% → 0.000%
$22.5
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$14.41
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SunX: live order book, 5 min ago; gTrade (Gains Network): 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, 5 min ago48.68 bp73.7 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
Phemex ICPUSDT−0.1321%8h2.9690−0.302%$1.7M$781K50xas long as short
Variational Omni ICP−0.0263%8h2.9734−0.155%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.386%$202$200K12xas long as short
Deribit ICP_USDC-PERPETUAL−0.0186%1h2.9824+0.148%$266$46450xas long as short
Gate ICP_USDT−0.0111%8h2.9820+0.134%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0010%8h2.9820+0.134%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9830+0.169%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h2.9847+0.225%$27K150x
Aster ICPUSDT+0.0100%8h2.9849+0.231%$187K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9855+0.253%$135K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9845+0.217%$29.0M$48.7M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9820+0.134%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9860+0.269%$19.3M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9850+0.235%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9860+0.269%$6.9M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9840+0.201%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9736−0.148%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9778−0.007%$571K$481K10xas long as short
SunX ICP-USDTlong+0.0100%8h2.9780long leg$2K$1.7M20x
HTX ICP-USDT+0.0100%8h2.9770−0.034%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9841+0.205%$24K$123K10xas long as short
Lighter ICP+0.0120%1h2.9869+0.299%$167K$442K5xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9839+0.200%$496K$510K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9770−0.034%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9860+0.269%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9810+0.101%$31K100xas long as short
Hyperliquid ICP+0.0912%1h2.9908+0.430%$4.7M$5.0M5xas long as short