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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0393%/8h= −43.0% APRpaid last 24h −0.104%
Price spread now: Deribit against SunX+0.020%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 0.020% dearer against SunX than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ICP-USDT2.94200.0100pay 0.0100% / 8h5h 54m$1K$1.4M20x
ShortDeribit ICP_USDC-PERPETUAL2.9426−0.0293pay 0.0037% / 1h54m 18s$191$43950x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$82.53
Price spread: +0.020% → 0.000%
$2.04
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$95.49
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 3 min ago; Deribit: 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, 3 min ago49.23 bp74.2 bp −$74doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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 exchanges

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−0.0385%8h2.9400−0.068%$1.7M$703K50xas long as short
Deribit ICP_USDC-PERPETUALshort−0.0293%1h2.9426+0.020%$191$43950x
Variational Omni ICP−0.0151%8h2.9437+0.059%$1.1M$195Kas long as short
dYdX ICP-USD0.0000%1h2.9453+0.112%$68K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9430+0.034%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.833%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9441+0.071%$135K$452K5xas long as short
Aster ICPUSDT+0.0100%8h2.9457+0.127%$248K$909K20xas long as short
Pacifica ICP+0.0100%1h2.9444+0.080%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9423+0.010%$28.4M$47.2M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9410−0.034%$17.1M$17.2M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.94200.000%$5.8M$12.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.94200.000%$1.9M$2.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9430+0.034%$18.3M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9440+0.068%$4.9M$10.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9440+0.068%$7.0M$4.3M50xas long as short
BingX ICP-USDT+0.0100%8h2.9430+0.034%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9452+0.110%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9462+0.142%$571K$612K10xas long as short
SunX ICP-USDTlong+0.0100%8h2.9420long leg$1K$1.4M20x
HTX ICP-USDT+0.0100%8h2.9460+0.136%$103K$124K20xas long as short
Extended ICP-USD+0.0104%1h2.9411−0.032%$23K$243K10xas long as short
Kraken Futures PF_ICPUSD+0.0187%1h2.9453+0.112%$524K$603K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9440+0.068%$1.2M$2.4M75xas long as short
Hyperliquid ICP+0.0278%1h2.9483+0.214%$4.6M$4.3M5xas long as short
Coinbase International ICP-PERP-INTX+0.0424%1h2.9570+0.510%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0425% / S −0.0357%1h2.9445+0.086%$30K100xas long as short