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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Aster+0.226%50s7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$670.668% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.760%+$76 · spread now +0.226%, 7d avg −0.113%
Together, before fees+0.767%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$77 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.339% dearer against Aster than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.113%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ICPUSDT3.00640.0100pay 0.0100% / 8h6h 46m$299K$1.7M20x
ShortedgeX ICPUSDC3.01320.0100get 0.0050% / 4h2h 46m$23K$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$0
Price spread: +0.226% → −0.113%
$33.9
Slippage, 4 orders
−$49.82
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$32.92
Costs to cover
0.668%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; edgeX: live order book, 21 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 Aster live order book, 1 min ago4.98 bp17.6 bp −$18244.9 bp −$2,449doesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago9.83 bp14.8 bp −$1530.4 bp −$304doesn'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
Deribit ICP_USDC-PERPETUAL−0.0183%1h3.0029−0.115%$268$46450xas long as short
Variational Omni ICP−0.0025%8h3.0040−0.077%$1.1M$118Kas long as short
dYdX ICP-USD0.0000%1h3.0047−0.056%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0062−0.004%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.326%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0087+0.078%$165K$489K5xas long as short
Aster ICPUSDTlong+0.0100%8h3.0064long leg$299K$1.7M20x
Pacifica ICP+0.0100%1h3.0068+0.013%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0069+0.018%$30.0M$54.1M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0060−0.012%$17.8M$19.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h3.0030−0.112%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0060−0.012%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0060−0.012%$19.1M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0040−0.079%$5.0M$13.5M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0080+0.055%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0050−0.045%$6.1Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0132+0.226%$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0126+0.208%$572K$477K10xas long as short
SunX ICP-USDT+0.0100%8h3.0030−0.112%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0010−0.178%$105K$240K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0130+0.221%$1.8M$787K50xas long as short
Extended ICP-USD+0.0104%1h3.0057−0.022%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0060−0.012%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0080+0.055%$65K$74K50xas long as short
Hyperliquid ICP+0.0452%1h3.0112+0.161%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0058−0.018%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0893%1h3.0070+0.022%$544K$617K50xas long as short