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 −0.012%
Price spread now: OKX against BingX0.000%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 7 days−0.013%−$1 · spread now 0.000%, 7d avg −0.008%
Together, before fees−0.115%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.95800.0100pay 0.0100% / 8h5h 05m$5.8M
ShortOKX ICP-USDT-SWAP2.95800.0100get 0.0100% / 8h5h 05m$5.7M$16.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: 0.000% → −0.008%
$0.83
Slippage, 4 orders
−$26.11
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$45.28
Costs to cover
0.461%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; OKX: live order book, 3 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, 10 min ago3.35 bp9.4 bp −$914.5 bp −$14547.3 bp −$4,729467.0 bp −$233.5K
Sell OKX live order book, 3 min ago1.68 bp13.9 bp −$1439.8 bp −$398doesn'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−0.0088%1h2.9596+0.054%$264$46450xas long as short
dYdX ICP-USD0.0000%1h2.9604+0.081%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9602+0.075%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.287%$202$200K12xas long as short
Variational Omni ICP+0.0086%8h2.9579−0.003%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9601+0.071%$158K$487K5xas long as short
Aster ICPUSDT+0.0100%8h2.9596+0.055%$272K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9583+0.011%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.95800.000%$29.1M$53.1M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9560−0.068%$17.2M$18.9M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAPshort+0.0100%8h2.95800.000%$5.7M$16.8M50x
Gate ICP_USDT+0.0100%8h2.95800.000%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.95800.000%$19.7M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9570−0.034%$4.8M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9600+0.068%$6.9M$4.9M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9580long leg$5.8M
edgeX ICPUSDC+0.0100%4h2.9748+0.568%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9750+0.574%$565K$483K10xas long as short
SunX ICP-USDT+0.0100%8h2.9590+0.034%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9620+0.135%$104K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.95800.000%$1.7M$794K50xas long as short
Extended ICP-USD+0.0104%1h2.9573−0.024%$23K$122K10xas long as short
Hyperliquid ICP+0.0126%1h2.9626+0.154%$4.6M$5.0M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9720+0.473%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0296%1h2.9621+0.137%$522K$642K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9700+0.406%$67K$68K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0504% / S −0.0480%1h2.9601+0.070%$37K100xas long as short