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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against HTX+0.100%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.190%+$19 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.100%, 7d avg +0.050%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.050% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT2.99200.0100pay 0.0100% / 8h1h 07m$106K$220K20x
ShortBloFin ICP-USDT2.99500.0220get 0.0220% / 8h1h 07m$1.2M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against HTX. 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
$25.2
Price spread: +0.100% → +0.050%
$4.98
Slippage, 4 orders
−$83.65
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$77.47
Costs to cover
1.076%
Break-even
28.5 days
Slippage from HTX: live order book, 9 min ago; BloFin: live order book, 6 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 HTX live order book, 9 min ago15.01 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago5.01 bp11.0 bp −$1119.0 bp −$19080.4 bp −$8,035doesn'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
Phemex ICPUSDT−0.1462%8h2.9800−0.401%$1.7M$769K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0184%1h2.9976+0.187%$267$46450xas long as short
Variational Omni ICP−0.0154%8h2.9931+0.037%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.852%$202$200K12xas long as short
Gate ICP_USDT−0.0048%8h2.9960+0.134%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9951+0.105%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9974+0.180%$27K150xas long as short
Lighter ICP+0.0096%1h3.0012+0.307%$160K$452K5xas long as short
Aster ICPUSDT+0.0100%8h2.9975+0.185%$196K$1.4M20xas long as short
Pacifica ICP+0.0100%1h2.9966+0.153%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9980+0.201%$29.6M$50.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9970+0.167%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9970+0.167%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9990+0.234%$19.6M$8.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9970+0.167%$5.1M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9980+0.201%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9960+0.134%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9950+0.101%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9971+0.170%$574K$435K10xas long as short
SunX ICP-USDT+0.0100%8h2.9960+0.134%$1K$1.8M20xas long as short
HTX ICP-USDTlong+0.0100%8h2.9920long leg$106K$220K20x
Extended ICP-USD+0.0104%1h2.9964+0.147%$25K$118K10xas long as short
BloFin ICP-USDTshort+0.0220%8h2.9950+0.100%$1.2M$2.3M75x
Kraken Futures PF_ICPUSD+0.0223%1h2.9996+0.254%$487K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+0.368%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h2.9976+0.186%$37K100xas long as short
Hyperliquid ICP+0.0663%1h3.0020+0.334%$4.7M$5.0M5xas long as short