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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.023%
Price spread now: Coinbase International against SunX+0.641%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+0.304%+$30 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 +$7 a day on $10k at the current rate, and Coinbase International is 0.641% dearer against SunX than usual: you sell high and buy low: +$64 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ICP-USDT2.96300.0100pay 0.0100% / 8h4h 20m$2K$1.6M20x
ShortCoinbase International ICP-PERP-INTX2.98200.0320get 0.0040% / 1h20m 30s$67K$61K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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
$46.2
Price spread: +0.641% → 0.000%
$64.12
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$92.32
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: SunX: 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 SunX live order book, 5 min ago47.22 bp73.9 bp −$74doesn't fitdoesn'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
dYdX ICP-USD0.0000%1h2.9636+0.021%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9638+0.027%$264$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9642+0.041%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.118%$202$200K12xas long as short
Phemex ICPUSDT+0.0061%8h2.9590−0.135%$1.8M$791K50xas long as short
Variational Omni ICP+0.0093%8h2.9610−0.069%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9641+0.037%$157K$487K5xas long as short
Aster ICPUSDT+0.0100%8h2.9657+0.092%$263K$1.6M20xas long as short
Pacifica ICP+0.0100%1h2.9628−0.005%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9603−0.092%$29.1M$50.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9600−0.101%$17.1M$18.3M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9600−0.101%$5.7M$16.1M50xas long as short
Gate ICP_USDT+0.0100%8h2.96300.000%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9620−0.034%$19.9M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9640+0.034%$4.8M$12.6M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9650+0.067%$7.0M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h2.96300.000%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9645+0.049%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9651+0.072%$564K$459K10xas long as short
SunX ICP-USDTlong+0.0100%8h2.9630long leg$2K$1.6M20x
HTX ICP-USDT+0.0100%8h2.9600−0.101%$104K$150K20xas long as short
Extended ICP-USD+0.0104%1h2.9615−0.051%$23K$130K10xas long as short
Hyperliquid ICP+0.0166%1h2.9680+0.169%$4.6M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9640+0.034%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTXshort+0.0320%1h2.9820+0.641%$67K$61K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0535% / S −0.0528%1h2.9642+0.042%$39K100xas long as short
Kraken Futures PF_ICPUSD+0.0569%1h2.9665+0.119%$521K$601K50xas long as short