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

ICP

all ICP markets
SwapBacktest
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 0.000%
Price spread now: HTX against BingX+0.164%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1521.516% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 3 days (all we have)−0.243%−$24 · spread now +0.164%, 7d avg −0.043%
Together, before fees−0.249%−$25 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: HTX is 0.208% dearer against BingX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT3.04100.0100pay 0.0100% / 8h7h 50m$5.2M
ShortHTX ICP-USDT3.04600.0100get 0.0100% / 8h7h 50m$107K$239K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.164% → −0.043%
$20.77
Slippage, 4 orders
−$129.58
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$130.81
Costs to cover
1.516%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; HTX: 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 BingX live order book, 4 min ago3.29 bp11.8 bp −$1218.4 bp −$184123.6 bp −$12.4K531.6 bp −$265.8K
Sell HTX live order book, 21 min ago19.88 bp101.5 bp −$101doesn't fitdoesn'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−0.1668%8h3.0440+0.099%$1.8M$761K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0209%1h3.0489+0.260%$272$46450xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0534+0.408%$557K$596K50xas long as short
Variational Omni ICP−0.0093%8h3.0440+0.100%$1.1M$108Kas long as short
dYdX ICP-USD0.0000%1h3.0440+0.097%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0484+0.244%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.450%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0515+0.345%$176K$477K5xas long as short
Aster ICPUSDT+0.0100%8h3.0434+0.079%$269K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0434+0.080%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.04100.000%$30.2M$52.5M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0390−0.066%$18.1M$18.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0380−0.099%$6.2M$17.1M50xas long as short
Gate ICP_USDT+0.0100%8h3.04100.000%$2.0M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0400−0.033%$19.4M$9.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0380−0.099%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.04100.000%$7.1M$4.8M50xas long as short
BingX ICP-USDTlong+0.0100%8h3.0410long leg$5.2M
edgeX ICPUSDC+0.0100%4h3.0493+0.273%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0465+0.180%$579K$458K10xas long as short
SunX ICP-USDT+0.0100%8h3.0470+0.197%$1K$1.8M20xas long as short
HTX ICP-USDTshort+0.0100%8h3.0460+0.164%$107K$239K20x
Extended ICP-USD+0.0104%1h3.0384−0.087%$22K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0460+0.164%$1.3M$2.4M75xas long as short
Hyperliquid ICP+0.0233%1h3.0456+0.151%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0580+0.559%$64K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0486+0.250%$38K100xas long as short