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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.009%
Price spread now: Extended against OKX+0.070%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.070%, 7d avg −0.001%
Together, before fees−0.042%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.070% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP3.02900.0100pay 0.0100% / 8h7h 03m$6.2M$16.8M50x
ShortExtended ICP-USD3.03110.0104get 0.0013% / 1h3m 09s$22K$131K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.070% → −0.001%
$7.02
Slippage, 4 orders
−$36.26
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$43.4
Costs to cover
0.513%
Break-even
368.7 days
Slippage from OKX: live order book, just now; Extended: live order book, 2 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 OKX live order book, just now1.65 bp12.9 bp −$1338.2 bp −$382doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago4.27 bp13.5 bp −$1476.0 bp −$760doesn'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
Deribit ICP_USDC-PERPETUAL−0.0278%1h3.0311+0.069%$270$46450xas long as short
Kraken Futures PF_ICPUSD−0.0122%1h3.0363+0.240%$550K$609K50xas long as short
Variational Omni ICP−0.0046%8h3.0409+0.394%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.0335+0.150%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0333+0.143%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.063%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0330+0.132%$170K$484K5xas long as short
Aster ICPUSDT+0.0100%8h3.0347+0.188%$335K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0344+0.179%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0296+0.021%$30.4M$53.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0300+0.033%$18.0M$18.7M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h3.0290long leg$6.2M$16.8M50x
Gate ICP_USDT+0.0100%8h3.0340+0.165%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0300+0.033%$19.5M$9.8M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0310+0.066%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0300+0.033%$7.1M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0330+0.132%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0544+0.839%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0463+0.570%$578K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0300+0.033%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.02900.000%$106K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0310+0.066%$1.8M$782K50xas long as short
Extended ICP-USDshort+0.0104%1h3.0311+0.070%$22K$131K10x
BloFin ICP-USDT+0.0220%8h3.0350+0.198%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0223%1h3.0387+0.320%$4.9M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0450+0.528%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0329+0.128%$38K100xas long as short