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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: HTX against Extended+0.028%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.028%, 7d avg −0.022%
Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.049% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ICP-USD2.97820.0104pay 0.0013% / 1h26m 50s$23K$126K10x
ShortHTX ICP-USDT2.97900.0100get 0.0100% / 8h5h 26m$104K$181K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$0.84
Price spread: +0.028% → −0.022%
$4.95
Slippage, 4 orders
−$106.32
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$119.22
Costs to cover
1.233%
Break-even
never at this rate
Slippage from Extended: live order book, 34 min ago; HTX: live order book, 35 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 Extended live order book, 34 min ago3.17 bp12.1 bp −$1269.1 bp −$691doesn't fitdoesn't fit
Sell HTX live order book, 35 min ago25.03 bp68.5 bp −$69doesn'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%1h2.9827+0.152%$69K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9747−0.117%$265$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9752−0.098%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.392%$202$200K12xas long as short
Variational Omni ICP+0.0065%8h2.9889+0.359%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9790+0.028%$161K$484K5xas long as short
Hyperliquid ICP+0.0100%1h2.9823+0.138%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9797+0.052%$274K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9822+0.136%$135K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9780−0.006%$29.3M$53.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9780−0.006%$17.3M$19.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9790+0.028%$5.8M$17.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9770−0.040%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9780−0.006%$19.7M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9750−0.107%$4.8M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9800+0.061%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9770−0.040%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9860+0.263%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9844+0.209%$567K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9750−0.107%$2K$1.7M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9790+0.028%$104K$181K20x
Phemex ICPUSDT+0.0100%8h2.9760−0.073%$1.8M$793K50xas long as short
Extended ICP-USDlong+0.0104%1h2.9782long leg$23K$126K10x
BloFin ICP-USDT+0.0220%8h2.9800+0.061%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0294%1h2.9796+0.048%$524K$641K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9840+0.195%$67K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h2.9751−0.103%$37K100xas long as short