ICP

Alert

Funding spread now, next payment 14:00 UTC+0.0197%/8h

paid, last 24h+0.066%paid, last 7 days+0.083%to open and close $10k−$40

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ICPUSDT	2.9594	0.0100	pay 0.0100% / 8h	2h 39m	$28.8M	$44.4M	75x
Short	Hyperliquid ICP	2.9670	0.0297	get 0.0037% / 1h	39m 34s	$4.6M	$3.3M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee HyperliquidbpOrdersRate

Funding earned: $41.37
Slippage, 4 orders: −$20.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $1.68
Break-even: 6.7 days

Slippage from Binance: live order book, 4 min ago; Hyperliquid: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.257%
Avg gap 7d: +0.090%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 4 min ago	1.69 bp	11.3 bp −$11	20.9 bp −$209	239.3 bp −$23.9K	doesn't fit
Sell Hyperliquid live order book, 4 min ago	0.68 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit

ICP on 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex ICPUSDT	−0.0944%	8h	$1.7M	$696K	50x	as long as short
Deribit ICP_USDC-PERPETUAL	−0.0357%	1h	$164	$156	50x	as long as short
Variational Omni ICP	−0.0319%	8h	$1.0M	$56K	—	as long as short
Bybit ICPUSDT	−0.0170%	8h	$16.9M	$13.7M	75x	as long as short
dYdX ICP-USD	0.0000%	1h	$70K	$3K	5x	as long as short
Gate ICP_USDT	+0.0003%	8h	$1.8M	$2.3M	50x	as long as short
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0010%	1h	$26K	—	150x	as long as short
Kraken Futures PF_ICPUSD	+0.0022%	1h	$484K	$531K	50x	as long as short
Injective ICP/USDC PERP	+0.0033%	1h	$202	$191K	12x	as long as short
OKX ICP-USDT-SWAP	+0.0064%	8h	$5.8M	$15.4M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter ICP	+0.0096%	1h	$146K	$246K	5x	as long as short
Aster ICPUSDT	+0.0100%	8h	$195K	$1.8M	20x	as long as short
Pacifica ICP	+0.0100%	1h	$134K	$11K	5x	as long as short
Binance ICPUSDTlong	+0.0100%	8h	$28.8M	$44.4M	75x
MEXC ICP_USDT	+0.0100%	8h	$20.2M	$6.4M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	$5.0M	$10.0M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	$6.9M	$3.7M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	—	$3.5M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	$23K	$273K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	$2K	$1.7M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	$111K	$281K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	$23K	$124K	10x	as long as short
Coinbase International ICP-PERP-INTX	+0.0168%	1h	$62K	$110K	50x	as long as short
BloFin ICP-USDT	+0.0220%	8h	$1.2M	$1.6M	75x	as long as short
Hyperliquid ICPshort	+0.0297%	1h	$4.6M	$3.3M	5x
GMX ICP/USD [WBTC.b-USDC]	L +0.0428% / S −0.0357%	1h	$30K	—	100x	as long as short