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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.027%
Price spread now: Coinbase International against OKX+0.101%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+0.443%+$44 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 +$4 a day on $10k at the current rate, and Coinbase International is 0.101% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.98300.0100pay 0.0100% / 8h1h 48m$5.8M$15.8M50x
ShortCoinbase International ICP-PERP-INTX2.98600.0240get 0.0030% / 1h48m 48s$63K$90K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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
$29.4
Price spread: +0.101% → 0.000%
$10.06
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$19.46
Costs to cover
0.200%
Break-even
2.4 days
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago1.68 bp12.0 bp −$1236.4 bp −$364doesn'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−0.1223%8h2.9720−0.369%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0220%1h2.9801−0.097%$266$46450xas long as short
Variational Omni ICP−0.0207%8h2.9767−0.210%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.553%$202$200K12xas long as short
Gate ICP_USDT−0.0113%8h2.9810−0.067%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9839+0.029%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9797−0.111%$27K150xas long as short
Bybit ICPUSDT+0.0057%8h2.9820−0.034%$17.2M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9854+0.080%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9834+0.012%$185K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9843+0.043%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9840+0.034%$29.0M$49.4M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9830long leg$5.8M$15.8M50x
MEXC ICP_USDT+0.0100%8h2.9840+0.034%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9820−0.034%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9840+0.034%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9820−0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9786−0.147%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9784−0.154%$570K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9770−0.201%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9790−0.134%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9816−0.048%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9760−0.235%$1.2M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9814−0.052%$488K$512K50xas long as short
Coinbase International ICP-PERP-INTXshort+0.0240%1h2.9860+0.101%$63K$90K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9786−0.146%$31K100xas long as short
Hyperliquid ICP+0.0567%1h2.9891+0.204%$4.7M$5.0M5xas long as short