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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.049%
Price spread now: Variational Omni against Deribit+0.014%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ICP_USDC-PERPETUAL3.00360get 0.0000% / 1h42m 53s$268$46450x
ShortVariational Omni ICP3.0040−0.0022pay 0.0022% / 8h6h 42m$1.1M$118K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$4.53
Price spread: +0.014% → 0.000%
$1.45
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$10.09
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago4.39 bpdoesn't fit32.3 bp −$323doesn't fitdoesn't fit
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 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
Variational Omni ICPshort−0.0022%8h3.0040+0.014%$1.1M$118K
dYdX ICP-USD0.0000%1h3.0095+0.197%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUALlong0.0000%1h3.0036long leg$268$46450x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0062+0.088%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.235%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0069+0.110%$165K$489K5xas long as short
Aster ICPUSDT+0.0100%8h3.0014−0.072%$299K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0080+0.146%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9950−0.286%$29.8M$54.0M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9940−0.320%$17.7M$19.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9920−0.386%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9950−0.286%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9940−0.320%$18.8M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9970−0.220%$5.0M$13.5M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9970−0.220%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9950−0.286%$6.1Mas long as short
edgeX ICPUSDC+0.0100%4h3.0059+0.076%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9985−0.170%$569K$477K10xas long as short
SunX ICP-USDT+0.0100%8h3.0040+0.013%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0040+0.013%$105K$240K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0080+0.146%$1.8M$794K50xas long as short
Extended ICP-USD+0.0104%1h2.9948−0.292%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0060+0.080%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0080+0.146%$65K$75K50xas long as short
Hyperliquid ICP+0.0403%1h3.0040+0.012%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0049+0.042%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0893%1h3.0070+0.112%$545K$617K50xas long as short