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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against Bitget0.000%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 7 days+0.012%+$1 · spread now 0.000%, 7d avg −0.004%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.99100.0100pay 0.0100% / 8h1h 28m$6.8M$4.5M50x
ShortBinance ICPUSDT2.99100.0100get 0.0100% / 8h1h 28m$29.8M$49.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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% → −0.004%
$0.42
Slippage, 4 orders
−$17.82
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$39.4
Costs to cover
0.398%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 14 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 Bitget live order book, 5 min ago1.67 bp12.6 bp −$1336.0 bp −$360doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.67 bp6.7 bp −$711.6 bp −$116150.5 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
Phemex ICPUSDT−0.1378%8h2.9790−0.401%$1.7M$774K50xas long as short
Variational Omni ICP−0.0178%8h2.9901−0.029%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.819%$202$200K12xas long as short
Gate ICP_USDT−0.0083%8h2.9900−0.033%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9973+0.211%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9925+0.050%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9945+0.116%$27K150xas long as short
Bybit ICPUSDT+0.0094%8h2.9890−0.067%$17.3M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9947+0.124%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h2.9949+0.129%$200K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9976+0.222%$136K$11K5xas long as short
Binance ICPUSDTshort+0.0100%8h2.99100.000%$29.8M$49.9M75x
OKX ICP-USDT-SWAP+0.0100%8h2.9900−0.033%$5.9M$16.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9920+0.033%$19.0M$8.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9920+0.033%$5.1M$13.0M50xas long as short
Bitget ICPUSDTlong+0.0100%8h2.9910long leg$6.8M$4.5M50x
BingX ICP-USDT+0.0100%8h2.99100.000%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9946+0.120%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9902−0.025%$572K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9940+0.100%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9950+0.134%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9948+0.129%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.99100.000%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h2.9949+0.132%$488K$526K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9980+0.234%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9938+0.094%$37K100xas long as short
Hyperliquid ICP+0.0667%1h2.9968+0.194%$4.8M$5.0M5xas long as short