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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against MEXC+0.151%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$460.465% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.028%+$3 on $10k
Price spread, last 7 days−0.099%−$10 · spread now +0.151%, 7d avg +0.051%
Together, before fees−0.071%+ Points / potential airdropAster: Stage 5 · farm board−$7 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: Aster is 0.100% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT2.93300.0100pay 0.0100% / 8h7h 26m$18.9M$9.9M50x
ShortAster ICPUSDT2.93740.0100get 0.0100% / 8h7h 26m$276K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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: +0.151% → +0.051%
$9.98
Slippage, 4 orders
−$38.48
Fee MEXC: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$36.5
Costs to cover
0.465%
Break-even
never at this rate
Slippage from MEXC: live order book, 7 min ago; Aster: live order book, 1 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 MEXC live order book, 7 min ago1.70 bp3.0 bp −$311.8 bp −$11869.9 bp −$6,995134.4 bp −$67.2K
Sell Aster live order book, 1 min ago3.40 bp23.4 bp −$23241.7 bp −$2,417doesn'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
Kraken Futures PF_ICPUSD−0.0341%1h2.9403+0.250%$520K$654K50xas long as short
Variational Omni ICP−0.0161%8h2.9360+0.103%$1.0M$135Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0022%1h2.9370+0.136%$191$43950xas long as short
dYdX ICP-USD0.0000%1h2.9342+0.041%$68K$1K5xas long as short
Bybit ICPUSDT+0.0003%8h2.9300−0.102%$17.0M$17.8M75xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9340+0.034%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.142%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9354+0.082%$135K$488K5xas long as short
Aster ICPUSDTshort+0.0100%8h2.9374+0.151%$276K$1.0M20x
Pacifica ICP+0.0100%1h2.9349+0.066%$132K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9339+0.032%$28.7M$48.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.93300.000%$5.7M$14.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.93300.000%$1.9M$2.7M50xas long as short
MEXC ICP_USDTlong+0.0100%8h2.9330long leg$18.9M$9.9M50x
KuCoin ICPUSDTM+0.0100%8h2.93300.000%$4.9M$11.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9350+0.068%$6.9M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9340+0.034%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9389+0.201%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9385+0.187%$558K$578K10xas long as short
SunX ICP-USDT+0.0100%8h2.9370+0.136%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9300−0.102%$102K$114K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9380+0.170%$1.7M$687K50xas long as short
Extended ICP-USD+0.0104%1h2.9336+0.021%$22K$233K10xas long as short
Hyperliquid ICP+0.0185%1h2.9381+0.173%$4.5M$4.6M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9370+0.136%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0416%1h2.9540+0.716%$58K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0454% / S −0.0403%1h2.9379+0.166%$32K100xas long as short