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−0.0442%/8h= −48.4% APRnext payment $4.42 per $10,000 · paid last 24h −0.089%
Price spread now: Variational Omni against BloFin+0.012%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.252%−$25 on $10k
Price spread, last 3 days (all we have)+0.078%+$8 · spread now +0.012%, 7d avg −0.084%
Together, before fees−0.175%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.097% dearer against BloFin than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.084%): +$10 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICP-USDT2.96600.0220pay 0.0220% / 8h1h 58m$1.2M$2.2M75x
ShortVariational Omni ICP2.9664−0.0222pay 0.0222% / 8h1h 58m$1.1M$121K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$92.86
Price spread: +0.012% → −0.084%
$9.67
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$95.18
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

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 ago3.37 bp11.5 bp −$1125.1 bp −$251127.7 bp −$12.8Kdoesn't fit
Sell Variational Omni RFQ quote, just now4.40 bpdoesn't fit19.1 bp −$191doesn'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−0.1264%8h2.9650−0.034%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0288%1h2.9713+0.179%$265$46450xas long as short
Variational Omni ICPshort−0.0222%8h2.9664+0.012%$1.1M$121K
Injective ICP/USDC PERP−0.0152%1h2.9665+0.017%$202$200K12xas long as short
Gate ICP_USDT−0.0106%8h2.9730+0.236%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9709+0.164%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9716+0.190%$27K150xas long as short
Bybit ICPUSDT+0.0042%8h2.9720+0.202%$17.1M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9741+0.273%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9747+0.294%$182K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9673+0.044%$134K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9733+0.248%$28.9M$49.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9720+0.202%$5.8M$15.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9740+0.270%$19.3M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9740+0.270%$5.3M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9740+0.270%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9730+0.236%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9692+0.106%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9690+0.101%$568K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9700+0.135%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9680+0.067%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9734+0.248%$25K$124K10xas long as short
BloFin ICP-USDTlong+0.0220%8h2.9660long leg$1.2M$2.2M75x
Kraken Futures PF_ICPUSD+0.0225%1h2.9731+0.240%$487K$518K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9890+0.775%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9720+0.202%$31K100xas long as short
Hyperliquid ICP+0.0728%1h2.9789+0.435%$4.7M$5.0M5xas long as short