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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.084%
Price spread now: SunX against Variational Omni+0.377%7-day average +0.057% · 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 4 days (all we have)+0.183%+$18 on $10k
Price spread, last 4 days (all we have)−0.294%−$29 · spread now +0.377%, 7d avg +0.057%
Together, before fees−0.111%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.321% dearer against Variational Omni than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP2.90310.0057pay 0.0057% / 8h2h 29m$1.0M$133K
ShortSunX ICP-USDT2.91400.0100get 0.0100% / 8h2h 29m$1K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Variational Omni. 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
$9.08
Price spread: +0.377% → +0.057%
$32.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$33.13
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; SunX: live order book, 6 min ago. 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 Variational Omni RFQ quote, 5 min ago4.45 bpdoesn't fit21.3 bp −$213doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago46.34 bp67.8 bp −$68doesn't fitdoesn'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−0.0093%1h2.9144+0.391%$190$43950xas long as short
Kraken Futures PF_ICPUSD−0.0069%1h2.9152+0.420%$482K$644K50xas long as short
dYdX ICP-USD0.0000%1h2.9106+0.258%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9160+0.446%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+2.186%$202$200K12xas long as short
Variational Omni ICPlong+0.0057%8h2.9031long leg$1.0M$133K
Lighter ICP+0.0096%1h2.9138+0.370%$141K$493K5xas long as short
Hyperliquid ICP+0.0100%1h2.9186+0.536%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9151+0.414%$261K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9118+0.301%$132K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9138+0.371%$28.5M$48.8M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9120+0.308%$17.0M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9120+0.308%$5.6M$14.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9140+0.377%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9130+0.343%$17.9M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9130+0.343%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9140+0.377%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9120+0.308%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9072+0.144%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9054+0.081%$559K$499K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9140+0.377%$1K$1.5M20x
HTX ICP-USDT+0.0100%8h2.9070+0.136%$101K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9130+0.343%$1.7M$706K50xas long as short
Extended ICP-USD+0.0104%1h2.9135+0.360%$23K$134K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9140+0.377%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9260+0.791%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9159+0.441%$30K100xas long as short