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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0293%/8h= +32.1% APRpaid last 24h +0.093%
Price spread now: MEXC against Deribit+0.003%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ICP_USDC-PERPETUAL2.9339−0.0193get 0.0024% / 1h48m 19s$191$43950x
ShortMEXC ICP_USDT2.93400.0100get 0.0100% / 8h5h 48m$18.4M$9.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Deribit. 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
$61.53
Price spread: +0.003% → 0.000%
$0.34
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee MEXC: 0 bp × 2 orders
$0
Net
$54.87
Costs to cover
0.070%
Break-even
0.8 days
Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 3 min ago. 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 Deribit no order-book sample
Sell MEXC live order book, 3 min ago1.70 bp4.9 bp −$513.1 bp −$13167.4 bp −$6,739130.7 bp −$65.4K
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ICP on 27 exchanges

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−0.0351%8h2.9360+0.072%$1.7M$703K50xas long as short
Deribit ICP_USDC-PERPETUALlong−0.0193%1h2.9339long leg$191$43950x
Variational Omni ICP−0.0156%8h2.9358+0.063%$1.1M$195Kas long as short
dYdX ICP-USD0.0000%1h2.9352+0.046%$68K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9435+0.327%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.111%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9360+0.072%$135K$452K5xas long as short
Aster ICPUSDT+0.0100%8h2.9357+0.062%$251K$909K20xas long as short
Pacifica ICP+0.0100%1h2.9350+0.036%$132K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9350+0.037%$28.4M$47.0M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9330−0.031%$17.1M$17.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9330−0.031%$5.7M$12.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9330−0.031%$1.9M$2.7M50xas long as short
MEXC ICP_USDTshort+0.0100%8h2.9340+0.003%$18.4M$9.4M50x
KuCoin ICPUSDTM+0.0100%8h2.9340+0.003%$4.9M$10.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9350+0.037%$7.0M$4.3M50xas long as short
BingX ICP-USDT+0.0100%8h2.9320−0.065%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9372+0.111%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9423+0.285%$570K$612K10xas long as short
SunX ICP-USDT+0.0100%8h2.9340+0.003%$1K$1.4M20xas long as short
HTX ICP-USDT+0.0100%8h2.9350+0.037%$102K$124K20xas long as short
Extended ICP-USD+0.0104%1h2.9340+0.005%$23K$242K10xas long as short
Kraken Futures PF_ICPUSD+0.0188%1h2.9376+0.127%$523K$585K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9360+0.072%$1.2M$2.3M75xas long as short
Hyperliquid ICP+0.0277%1h2.9383+0.150%$4.6M$4.3M5xas long as short
Coinbase International ICP-PERP-INTX+0.0424%1h2.9570+0.787%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0425% / S −0.0357%1h2.9402+0.214%$30K100xas long as short