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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.018%
Price spread now: dYdX against OKX+0.148%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−0.089%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.148% dearer against OKX than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 7 days (−0.089% in total) that is about 12 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP3.00300.0100pay 0.0100% / 8h6h 16m$5.8M$17.1M50x
ShortdYdX ICP-USD3.00750get 0.0000% / 1h16m 23s$70K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: +0.148% → 0.000%
$14.85
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$26.15
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; dYdX: 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, 2 min ago1.66 bp12.7 bp −$1335.9 bp −$359doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 26 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
Deribit ICP_USDC-PERPETUAL−0.0348%1h3.0059+0.097%$268$46450xas long as short
dYdX ICP-USDshort0.0000%1h3.0075+0.148%$70K$4K5x
Variational Omni ICP+0.0005%8h3.0149+0.398%$1.1M$118Kas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0053+0.077%$23K150xas long as short
Phemex ICPUSDT+0.0011%8h3.0040+0.033%$1.8M$800K50xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.215%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0059+0.097%$163K$492K5xas long as short
Aster ICPUSDT+0.0100%8h3.0057+0.091%$280K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0051+0.069%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0050+0.067%$29.7M$53.8M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0040+0.033%$17.6M$19.0M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h3.0030long leg$5.8M$17.1M50x
Gate ICP_USDT+0.0100%8h3.0040+0.033%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0060+0.100%$19.4M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0040+0.033%$4.9M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0060+0.100%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0040+0.033%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h3.0086+0.187%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0104+0.248%$584K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0050+0.067%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0060+0.100%$105K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0028−0.005%$22K$125K10xas long as short
Hyperliquid ICP+0.0183%1h3.0088+0.194%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0180+0.500%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0072+0.141%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0892%1h3.0097+0.224%$545K$611K50xas long as short