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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Binance+0.001%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 7 days+0.025%+$2 · spread now +0.001%, 7d avg −0.007%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.95000.0100pay 0.0100% / 8h6h 19m$28.6M$48.1M75x
ShortGate ICP_USDT2.95000.0100get 0.0100% / 8h6h 19m$1.9M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: +0.001% → −0.007%
$0.82
Slippage, 4 orders
−$34.04
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$58.22
Costs to cover
0.590%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 2 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 Binance live order book, 16 min ago1.70 bp8.2 bp −$819.6 bp −$196283.1 bp −$28.3Kdoesn't fit
Sell Gate live order book, 2 min ago1.70 bp20.2 bp −$2069.3 bp −$693154.2 bp −$15.4Kdoesn't fit

ICP on 27 exchanges

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−0.0184%8h2.9440−0.202%$1.7M$697K50xas long as short
Variational Omni ICP−0.0153%8h2.9459−0.138%$1.0M$157Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0021%1h2.9510+0.035%$192$43950xas long as short
dYdX ICP-USD0.0000%1h2.9500+0.001%$68K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9517+0.058%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.560%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9510+0.035%$136K$471K5xas long as short
Aster ICPUSDT+0.0100%8h2.9520+0.069%$249K$974K20xas long as short
Pacifica ICP+0.0100%1h2.9536+0.124%$133K$9K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9500long leg$28.6M$48.1M75x
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9480−0.067%$17.1M$17.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9500+0.001%$5.8M$13.2M50xas long as short
Gate ICP_USDTshort+0.0100%8h2.9500+0.001%$1.9M$2.7M50x
MEXC ICP_USDT+0.0100%8h2.9500+0.001%$18.5M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9510+0.035%$4.9M$11.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9510+0.035%$7.0M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9500+0.001%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9488−0.039%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9479−0.071%$571K$593K10xas long as short
SunX ICP-USDT+0.0100%8h2.9500+0.001%$2K$1.4M20xas long as short
HTX ICP-USDT+0.0100%8h2.9400−0.338%$103K$124K20xas long as short
Extended ICP-USD+0.0104%1h2.9492−0.024%$22K$242K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9520+0.069%$1.2M$2.4M75xas long as short
Kraken Futures PF_ICPUSD+0.0353%1h2.9535+0.121%$513K$596K50xas long as short
Coinbase International ICP-PERP-INTX+0.0448%1h2.9570+0.238%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0454% / S −0.0403%1h2.9517+0.058%$33K100xas long as short
Hyperliquid ICP+0.0548%1h2.9547+0.160%$4.6M$4.5M5xas long as short