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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.036%
Price spread now: Coinbase International against HTX+1.019%7-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+0.342%+$34 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 1.019% dearer against HTX than usual: you sell high and buy low: +$102 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT2.94500.0100pay 0.0100% / 8h19m 05s$103K$113K20x
ShortCoinbase International ICP-PERP-INTX2.97500.0376get 0.0047% / 1h19m 05s$58K$69K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$57.96
Price spread: +1.019% → 0.000%
$101.87
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$137.83
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: HTX: live order book, 17 min ago; Coinbase International: 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 HTX live order book, 17 min ago11.88 bp21.2 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
Phemex ICPUSDT−0.0253%8h2.9490+0.136%$1.8M$686K50xas long as short
Kraken Futures PF_ICPUSD−0.0211%1h2.9531+0.275%$522K$661K50xas long as short
Variational Omni ICP−0.0155%8h2.9360−0.306%$1.0M$135Kas long as short
dYdX ICP-USD0.0000%1h2.9435−0.052%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9498+0.163%$192$43950xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9493+0.146%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.730%$202$200K12xas long as short
Bybit ICPUSDT+0.0055%8h2.9480+0.102%$17.0M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9491+0.139%$138K$489K5xas long as short
Hyperliquid ICP+0.0100%1h2.9534+0.285%$4.5M$4.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9498+0.164%$272K$1.0M20xas long as short
Pacifica ICP+0.0100%1h2.9461+0.037%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9504+0.183%$28.8M$47.8M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9490+0.136%$5.7M$14.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9480+0.102%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9490+0.136%$19.1M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9500+0.170%$4.9M$11.6M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9500+0.170%$7.0M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9490+0.136%$5.6Mas long as short
edgeX ICPUSDC+0.0100%4h2.9384−0.223%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9387−0.214%$566K$568K10xas long as short
SunX ICP-USDT+0.0100%8h2.9490+0.136%$2K$1.5M20xas long as short
HTX ICP-USDTlong+0.0100%8h2.9450long leg$103K$113K20x
Extended ICP-USD+0.0104%1h2.9481+0.104%$22K$233K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9520+0.238%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTXshort+0.0376%1h2.9750+1.019%$58K$69K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0456% / S −0.0403%1h2.9498+0.164%$33K100xas long as short