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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against edgeX+0.005%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.005%, 7d avg +0.008%
Together, before fees−0.209%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC2.96480.0100pay 0.0050% / 4h12m 26s$23K$281K10x
ShortHTX ICP-USDT2.96500.0100get 0.0100% / 8h4h 12m$104K$137K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: +0.005% → +0.008%
−$0.22
Slippage, 4 orders
−$76.36
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$97.58
Costs to cover
0.974%
Break-even
never at this rate
Slippage from edgeX: live order book, 45 min ago; HTX: live order book, 44 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 edgeX live order book, 45 min ago6.77 bp11.8 bp −$1227.0 bp −$270doesn't fitdoesn't fit
Sell HTX live order book, 44 min ago15.19 bp52.8 bp −$53doesn't fitdoesn'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
dYdX ICP-USD0.0000%1h2.9663+0.049%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9661+0.043%$264$43950xas long as short
Phemex ICPUSDT+0.0003%8h2.9650+0.005%$1.8M$791K50xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9662+0.047%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.056%$202$200K12xas long as short
Variational Omni ICP+0.0090%8h2.9620−0.096%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9666+0.059%$157K$487K5xas long as short
Aster ICPUSDT+0.0100%8h2.9660+0.039%$263K$1.6M20xas long as short
Pacifica ICP+0.0100%1h2.9649+0.003%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9670+0.073%$29.1M$50.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9660+0.039%$17.2M$18.2M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9670+0.073%$5.7M$16.1M50xas long as short
Gate ICP_USDT+0.0100%8h2.9650+0.005%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9650+0.005%$19.6M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9660+0.039%$4.8M$12.6M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9670+0.073%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9660+0.039%$5.8Mas long as short
edgeX ICPUSDClong+0.0100%4h2.9648long leg$23K$281K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9664+0.053%$565K$459K10xas long as short
SunX ICP-USDT+0.0100%8h2.9680+0.107%$2K$1.6M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9650+0.005%$104K$137K20x
Extended ICP-USD+0.0104%1h2.9641−0.023%$23K$126K10xas long as short
Hyperliquid ICP+0.0136%1h2.9691+0.144%$4.6M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9680+0.107%$1.3M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9820+0.579%$67K$61K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0434% / S −0.0367%1h2.9662+0.047%$31K100xas long as short
Kraken Futures PF_ICPUSD+0.0568%1h2.9721+0.245%$522K$601K50xas long as short