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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Binance+0.007%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.007%, 7d avg −0.016%
Together, before fees+0.045%+$5 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: BingX is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.94980.0100pay 0.0100% / 8h6h 18m$28.6M$48.2M75x
ShortBingX ICP-USDT2.95000.0100get 0.0100% / 8h6h 18m$5.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: +0.007% → −0.016%
$2.39
Slippage, 4 orders
−$12.25
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$29.86
Costs to cover
0.322%
Break-even
never at this rate
Slippage from Binance: live order book, 16 min ago; BingX: live order book, 9 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 Binance live order book, 16 min ago1.70 bp8.2 bp −$819.6 bp −$196283.1 bp −$28.3Kdoesn't fit
Sell BingX live order book, 9 min ago1.69 bp6.7 bp −$710.8 bp −$10857.1 bp −$5,710464.2 bp −$232.1K

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−0.0184%8h2.9440−0.196%$1.7M$697K50xas long as short
Variational Omni ICP−0.0153%8h2.9459−0.132%$1.0M$157Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0021%1h2.9510+0.041%$192$43950xas long as short
dYdX ICP-USD0.0000%1h2.9500+0.008%$68K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9517+0.064%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.567%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9510+0.041%$136K$471K5xas long as short
Aster ICPUSDT+0.0100%8h2.9519+0.072%$249K$974K20xas long as short
Pacifica ICP+0.0100%1h2.9536+0.130%$133K$9K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9498long leg$28.6M$48.2M75x
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9480−0.060%$17.1M$17.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9490−0.026%$5.8M$13.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9500+0.007%$1.9M$2.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9500+0.007%$18.5M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9510+0.041%$4.9M$11.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9520+0.075%$7.0M$4.4M50xas long as short
BingX ICP-USDTshort+0.0100%8h2.9500+0.007%$5.7M
edgeX ICPUSDC+0.0100%4h2.9488−0.033%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9479−0.065%$571K$593K10xas long as short
SunX ICP-USDT+0.0100%8h2.9500+0.007%$2K$1.4M20xas long as short
HTX ICP-USDT+0.0100%8h2.9400−0.332%$103K$124K20xas long as short
Extended ICP-USD+0.0104%1h2.9489−0.030%$22K$242K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9520+0.075%$1.2M$2.4M75xas long as short
Kraken Futures PF_ICPUSD+0.0353%1h2.9535+0.127%$513K$596K50xas long as short
Coinbase International ICP-PERP-INTX+0.0448%1h2.9570+0.245%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0454% / S −0.0403%1h2.9517+0.065%$33K100xas long as short
Hyperliquid ICP+0.0548%1h2.9547+0.167%$4.6M$4.5M5xas long as short