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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.019%
Price spread now: Aster against BloFin−0.120%62s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$740.741% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.143%−$14 on $10k
Price spread, last 3 days (all we have)+0.290%+$29 · spread now −0.120%, 7d avg +0.065%
Together, before fees+0.147%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.065%). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICP-USDT2.96700.0220pay 0.0220% / 8h2h 04m$1.2M$2.2M75x
ShortAster ICPUSDT2.96340.0100get 0.0100% / 8h2h 04m$186K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: −0.120% → +0.065%
−$18.49
Slippage, 4 orders
−$54.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$117.75
Costs to cover
0.741%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 4 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 BloFin live order book, 4 min ago5.05 bp19.8 bp −$2021.3 bp −$213111.7 bp −$11.2Kdoesn't fit
Sell Aster live order book, 4 min ago3.36 bp15.3 bp −$15212.9 bp −$2,129doesn'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−0.1294%8h2.9660−0.034%$1.7M$778K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0356%1h2.9662−0.027%$264$46450xas long as short
Variational Omni ICP−0.0225%8h2.9624−0.156%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.017%$202$200K12xas long as short
Gate ICP_USDT−0.0112%8h2.9620−0.169%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9669−0.005%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9657−0.045%$26K150xas long as short
Bybit ICPUSDT+0.0032%8h2.9640−0.101%$17.1M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9687+0.057%$165K$443K5xas long as short
Aster ICPUSDTshort+0.0100%8h2.9634−0.120%$186K$1.5M20x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9632−0.128%$134K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9660−0.034%$28.8M$49.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9640−0.101%$5.7M$15.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9620−0.169%$19.2M$8.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9630−0.135%$5.2M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9650−0.067%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9620−0.169%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9757+0.292%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9750+0.269%$569K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9640−0.101%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9630−0.135%$105K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9656−0.046%$25K$124K10xas long as short
Kraken Futures PF_ICPUSD+0.0149%1h2.9675+0.017%$486K$518K50xas long as short
BloFin ICP-USDTlong+0.0220%8h2.9670long leg$1.2M$2.2M75x
Coinbase International ICP-PERP-INTX+0.0232%1h2.9890+0.741%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9658−0.042%$31K100xas long as short
Hyperliquid ICP+0.0809%1h2.9682+0.040%$4.7M$5.0M5xas long as short