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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0234%/8h= +25.6% APRnext payment +$2.34 per $10,000 · paid last 24h +0.050%
Price spread now: GRVT against Variational Omni+0.012%59s7-day average +0.030% · 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)+0.143%+$14 on $10k
Price spread, last 3 days (all we have)+0.095%+$10 · spread now +0.012%, 7d avg +0.030%
Together, before fees+0.238%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP3.0312−0.0134get 0.0134% / 8h32m 37s$1.1M$107K
ShortGRVT ICP_USDT_Perp3.03150.0100get 0.0100% / 8h32m 37s$579K$444K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Variational Omni. 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
$49.04
Price spread: +0.012% → +0.030%
−$1.78
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$38.26
Costs to cover
0.090%
Break-even
1.5 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; GRVT: live order book, 45 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 Variational Omni RFQ quote, 1 min ago4.38 bpdoesn't fit40.9 bp −$409doesn't fitdoesn't fit
Sell GRVT live order book, 45 min ago3.33 bp18.3 bp −$1858.8 bp −$588doesn'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 ICPUSDT−0.1505%8h3.0320+0.028%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0344%1h3.0305−0.021%$270$46450xas long as short
Variational Omni ICPlong−0.0134%8h3.0312long leg$1.1M$107K
Gate ICP_USDT−0.0024%8h3.0260−0.170%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0281−0.099%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0318+0.021%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.133%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0282−0.097%$158K$452K5xas long as short
Aster ICPUSDT+0.0100%8h3.0243−0.228%$196K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0275−0.119%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0260−0.170%$29.9M$51.5M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0250−0.203%$18.0M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0250−0.203%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0250−0.203%$19.2M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0250−0.203%$5.1M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0260−0.170%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0250−0.203%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0329+0.058%$23K$278K10xas long as short
GRVT ICP_USDT_Perpshort+0.0100%8h3.0315+0.012%$579K$444K10x
SunX ICP-USDT+0.0100%8h3.0290−0.071%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0250−0.203%$108K$222K20xas long as short
Extended ICP-USD+0.0104%1h3.0247−0.213%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0329+0.056%$538K$581K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0280−0.104%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0230%1h3.0328+0.054%$4.8M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+0.754%$64K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0319+0.023%$38K100xas long as short