data as of
Settings8H · net · $10k
Funding arb /

ICP

all ICP markets
SwapPrice view
Alert
Funding spread now, next payment 17:00 UTC−0.0782%/8h
paid, last 24h−0.107%paid, last 3 days−0.231%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ICP/USD [WBTC.b-USDC]2.9500L +0.0374% / S −0.0257%pay 0.0047% / 1h4m 16s$31K100x
ShortBybit ICPUSDT2.9440−0.0408pay 0.0408% / 8h7h 04m$17.3M$15.2M75x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$164.16
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$187.16
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.203%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Bybit live order book, 1 min ago1.70 bp10.5 bp −$1022.6 bp −$226478.0 bp −$47.8Kdoesn't fit
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 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit ICPUSDTshort−0.0408%8h$17.3M$15.2M75x
Variational Omni ICP−0.0352%8h$1.1M$102Kas long as short
Kraken Futures PF_ICPUSD−0.0090%1h$505K$490K50xas long as short
Gate ICP_USDT−0.0071%8h$1.8M$2.2M50xas long as short
Extended ICP-USD−0.0016%1h$24K$133K10xas long as short
Binance ICPUSDT−0.0013%8h$28.9M$44.9M75xas long as short
MEXC ICP_USDT−0.0012%8h$18.9M$7.3M50xas long as short
OKX ICP-USDT-SWAP−0.0007%8h$5.8M$14.5M50xas long as short
dYdX ICP-USD0.0000%1h$70K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h$263$36650xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h$26K150xas long as short
Injective ICP/USDC PERP+0.0033%1h$202$130K12xas long as short
Aster ICPUSDT+0.0089%8h$181K$1.7M20xas long as short
Lighter ICP+0.0096%1h$143K$316K5xas long as short
Coinbase International ICP-PERP-INTX+0.0096%1h$70K$120K50xas long as short
Pacifica ICP+0.0100%1h$134K$10K5xas long as short
KuCoin ICPUSDTM+0.0100%8h$5.0M$11.3M50xas long as short
Bitget ICPUSDT+0.0100%8h$6.9M$3.8M50xas long as short
BingX ICP-USDT+0.0100%8h$4.1Mas long as short
edgeX ICPUSDC+0.0100%4h$23K$276K10xas long as short
SunX ICP-USDT+0.0100%8h$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h$112K$278K20xas long as short
Phemex ICPUSDT+0.0100%8h$1.8M$806K50xas long as short
BloFin ICP-USDT+0.0107%8h$1.2M$2.4M75xas long as short
Hyperliquid ICP+0.0145%1h$4.8M$3.4M5xas long as short
GMX ICP/USD [WBTC.b-USDC]longL +0.0374% / S −0.0257%1h$31K100x