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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0267%/8h= +29.3% APRpaid last 24h +0.051%
Price spread now: GMX against edgeX+0.001%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 airdropedgeX: 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: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC2.97860.0100pay 0.0050% / 4h1h 49m$23K$278K10x
ShortGMX ICP/USD [WBTC.b-USDC]2.9786L +0.0433% / S −0.0367%get 0.0046% / 1h49m 07s$31K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against edgeX. 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
$56.12
Price spread: +0.001% → 0.000%
$0.09
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
$35.21
Costs to cover
0.210%
Break-even
2.6 days
Slippage unknown: edgeX: live order book, 34 min ago; GMX: no order-book sample. 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 edgeX live order book, 34 min ago8.37 bp12.9 bp −$1326.5 bp −$265doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Phemex ICPUSDT−0.1223%8h2.9720−0.222%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0220%1h2.9801+0.050%$266$46450xas long as short
Variational Omni ICP−0.0207%8h2.9767−0.063%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.407%$202$200K12xas long as short
Gate ICP_USDT−0.0113%8h2.9800+0.046%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9807+0.070%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9797+0.036%$27K150xas long as short
Bybit ICPUSDT+0.0057%8h2.9780−0.021%$17.2M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9829+0.144%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9823+0.123%$185K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9778−0.026%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9820+0.113%$29.0M$49.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9770−0.054%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9800+0.046%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9790+0.013%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9830+0.147%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9820+0.113%$4.9Mas long as short
edgeX ICPUSDClong+0.0100%4h2.9786long leg$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9784−0.007%$570K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9770−0.054%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9790+0.013%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9785−0.004%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9760−0.088%$1.2M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9814+0.095%$488K$512K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9860+0.248%$63K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]shortL +0.0433% / S −0.0367%1h2.9786+0.001%$31K100x
Hyperliquid ICP+0.0562%1h2.9861+0.251%$4.7M$5.0M5xas long as short