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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: KuCoin against OKX+0.034%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$730.734% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.034%, 7d avg +0.031%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.95100.0100pay 0.0100% / 8h3h 42m$5.7M$15.2M50x
ShortKuCoin ICPUSDTM2.95200.0100get 0.0100% / 8h3h 42m$4.9M$12.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.034% → +0.031%
$0.32
Slippage, 4 orders
−$51.4
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$73.08
Costs to cover
0.734%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: 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 OKX live order book, 1 min ago1.69 bp12.0 bp −$1235.4 bp −$354doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago1.69 bp24.5 bp −$2563.8 bp −$638doesn'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
Phemex ICPUSDT−0.0059%8h2.9560+0.169%$1.8M$789K50xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9601+0.310%$529K$605K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0021%1h2.9565+0.186%$263$43950xas long as short
dYdX ICP-USD0.0000%1h2.9555+0.152%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9572+0.211%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.525%$202$200K12xas long as short
Variational Omni ICP+0.0081%8h2.9570+0.203%$1.0M$135Kas long as short
Lighter ICP+0.0096%1h2.9531+0.071%$144K$489K5xas long as short
Hyperliquid ICP+0.0100%1h2.9548+0.128%$4.6M$4.9M5xas long as short
Aster ICPUSDT+0.0100%8h2.9547+0.126%$263K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9529+0.066%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9520+0.034%$29.0M$48.6M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9490−0.068%$17.0M$17.3M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9510long leg$5.7M$15.2M50x
Gate ICP_USDT+0.0100%8h2.95100.000%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.95100.000%$19.1M$10.1M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h2.9520+0.034%$4.9M$12.4M50x
Bitget ICPUSDT+0.0100%8h2.9520+0.034%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.95100.000%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9565+0.186%$23K$281K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9632+0.415%$567K$470K10xas long as short
SunX ICP-USDT+0.0100%8h2.9560+0.169%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9500−0.034%$103K$117K20xas long as short
Extended ICP-USD+0.0104%1h2.9507−0.010%$22K$132K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9600+0.305%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9650+0.474%$67K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9573+0.214%$31K100xas long as short