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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against BingX−0.033%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.618% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.154%−$15 on $10k
Price spread, last 7 days+0.014%+$1 · spread now −0.033%, 7d avg +0.009%
Together, before fees−0.140%−$14 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: Gate is 0.042% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.99100.0100pay 0.0100% / 8h5h 31m$6.0M
ShortGate ICP_USDT2.99000.0100get 0.0100% / 8h5h 31m$1.9M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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: −0.033% → +0.009%
−$4.22
Slippage, 4 orders
−$36.79
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$66.01
Costs to cover
0.618%
Break-even
never at this rate
Slippage from BingX: live order book, 4 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 BingX live order book, 4 min ago3.35 bp11.1 bp −$1116.3 bp −$16348.2 bp −$4,817478.8 bp −$239.4K
Sell Gate live order book, 2 min ago1.67 bp20.9 bp −$2165.4 bp −$654150.5 bp −$15.0Kdoesn'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−0.0017%1h2.9908−0.007%$267$46450xas long as short
dYdX ICP-USD0.0000%1h2.9914+0.013%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9911+0.004%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.819%$202$200K12xas long as short
Variational Omni ICP+0.0060%8h2.9799−0.370%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9941+0.104%$162K$483K5xas long as short
Hyperliquid ICP+0.0100%1h2.9943+0.110%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9918+0.027%$275K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9903−0.023%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9920+0.033%$29.4M$53.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9920+0.033%$17.5M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9920+0.033%$5.8M$17.0M50xas long as short
Gate ICP_USDTshort+0.0100%8h2.9900−0.033%$1.9M$3.1M50x
MEXC ICP_USDT+0.0100%8h2.9920+0.033%$19.7M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.99100.000%$4.9M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9930+0.067%$7.0M$4.9M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9910long leg$6.0M
edgeX ICPUSDC+0.0100%4h2.9877−0.111%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9912+0.008%$568K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9900−0.033%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.99100.000%$105K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9890−0.067%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9906−0.013%$23K$126K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9930+0.067%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0293%1h2.9943+0.111%$527K$641K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9940+0.100%$67K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h2.9908−0.008%$37K100xas long as short