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

ICP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against HTX+0.029%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$970.974% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+0.148%+$15 · spread now +0.029%, 7d avg −0.008%
Together, before fees+0.174%+ Points / potential airdropedgeX: Active · farm board+$17 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: edgeX is 0.036% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT2.96000.0100pay 0.0100% / 8h4h 17m$104K$150K20x
ShortedgeX ICPUSDC2.96090.0100get 0.0050% / 4h17m 26s$23K$281K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.029% → −0.008%
$3.64
Slippage, 4 orders
−$76.36
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$93.72
Costs to cover
0.974%
Break-even
never at this rate
Slippage from HTX: live order book, 39 min ago; edgeX: live order book, 40 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, 39 min ago15.19 bp21.2 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 40 min ago6.77 bp11.5 bp −$1224.1 bp −$241doesn'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%1h2.9612+0.042%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9638+0.128%$264$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9642+0.144%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.220%$202$200K12xas long as short
Phemex ICPUSDT+0.0043%8h2.9570−0.101%$1.8M$791K50xas long as short
Variational Omni ICP+0.0093%8h2.9610+0.032%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9656+0.189%$157K$487K5xas long as short
Aster ICPUSDT+0.0100%8h2.9640+0.134%$263K$1.6M20xas long as short
Pacifica ICP+0.0100%1h2.9638+0.128%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9640+0.135%$29.1M$50.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9630+0.101%$17.1M$18.3M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9640+0.135%$5.7M$16.1M50xas long as short
Gate ICP_USDT+0.0100%8h2.9640+0.135%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9630+0.101%$19.9M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9630+0.101%$4.8M$12.6M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9640+0.135%$7.0M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h2.9630+0.101%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9609+0.029%$23K$281K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9614+0.048%$564K$459K10xas long as short
SunX ICP-USDT+0.0100%8h2.9640+0.135%$2K$1.6M20xas long as short
HTX ICP-USDTlong+0.0100%8h2.9600long leg$104K$150K20x
Extended ICP-USD+0.0104%1h2.9632+0.107%$23K$126K10xas long as short
Hyperliquid ICP+0.0154%1h2.9675+0.252%$4.6M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9580−0.068%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9820+0.743%$67K$61K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0434% / S −0.0367%1h2.9645+0.151%$31K100xas long as short
Kraken Futures PF_ICPUSD+0.0569%1h2.9662+0.210%$521K$601K50xas long as short