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 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.011%
Price spread now: dYdX against Gate+0.235%46s7-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 7 days−0.038%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.235% dearer against Gate than usual: you sell high and buy low (spread +0.235% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.8 days. At the pace of the last 7 days (−0.038% in total) that is about 44 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ICP_USDT2.93600.0100pay 0.0100% / 8h3h 22m$1.8M$2.8M50x
ShortdYdX ICP-USD2.94290get 0.0000% / 1h22m 59s$69K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Gate. 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
−$21
Price spread: +0.235% → 0.000%
$23.54
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$22.46
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 5 min ago; dYdX: 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 Gate live order book, 5 min ago1.70 bp17.4 bp −$1743.8 bp −$43867.1 bp −$6,715doesn't fit
Sell dYdX no order-book sample
dYdX: 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
Deribit ICP_USDC-PERPETUAL−0.0124%1h2.9413+0.181%$191$43950xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9436+0.260%$525K$597K50xas long as short
Phemex ICPUSDT−0.0001%8h2.9410+0.170%$1.7M$787K50xas long as short
dYdX ICP-USDshort0.0000%1h2.9429+0.235%$69K$3K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9432+0.246%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.039%$202$200K12xas long as short
Variational Omni ICP+0.0081%8h2.9460+0.339%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9427+0.228%$143K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9427+0.228%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9390+0.102%$260K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9430+0.239%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9353−0.023%$28.7M$48.5M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9350−0.034%$17.0M$17.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9350−0.034%$5.7M$14.9M50xas long as short
Gate ICP_USDTlong+0.0100%8h2.9360long leg$1.8M$2.8M50x
MEXC ICP_USDT+0.0100%8h2.9380+0.068%$18.6M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.93600.000%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9400+0.136%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.93600.000%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9440+0.274%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9439+0.270%$559K$484K10xas long as short
SunX ICP-USDT+0.0100%8h2.9410+0.170%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9420+0.204%$103K$116K20xas long as short
Extended ICP-USD+0.0104%1h2.9372+0.041%$22K$132K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9430+0.238%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9550+0.647%$66K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9424+0.218%$31K100xas long as short