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 +0.009%
Price spread now: SunX against Binance−0.045%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1541.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.045%, 7d avg −0.027%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.90930.0100pay 0.0100% / 8h2h 27m$28.5M$48.8M75x
ShortSunX ICP-USDT2.90800.0100get 0.0100% / 8h2h 27m$1K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.045% → −0.027%
−$1.82
Slippage, 4 orders
−$136.49
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$156.31
Costs to cover
1.545%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; SunX: live order book, 7 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, 14 min ago1.72 bp9.2 bp −$919.6 bp −$196271.8 bp −$27.2Kdoesn't fit
Sell SunX live order book, 7 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−0.0368%1h2.9091−0.007%$189$43950xas long as short
Kraken Futures PF_ICPUSD−0.0069%1h2.9094+0.003%$481K$644K50xas long as short
dYdX ICP-USD0.0000%1h2.9103+0.033%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9102+0.031%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.966%$202$200K12xas long as short
Variational Omni ICP+0.0057%8h2.9031−0.215%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9110+0.058%$141K$493K5xas long as short
Hyperliquid ICP+0.0100%1h2.9130+0.127%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9116+0.079%$260K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9105+0.039%$132K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDTlong+0.0100%8h2.9093long leg$28.5M$48.8M75x
Bybit ICPUSDT+0.0100%8h2.9080−0.045%$17.0M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9090−0.011%$5.6M$14.7M50xas long as short
Gate ICP_USDT+0.0100%8h2.9080−0.045%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9100+0.024%$17.9M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9110+0.058%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9120+0.092%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9100+0.024%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9072−0.072%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9054−0.134%$559K$499K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9080−0.045%$1K$1.5M20x
HTX ICP-USDT+0.0100%8h2.9090−0.011%$102K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9110+0.058%$1.7M$702K50xas long as short
Extended ICP-USD+0.0104%1h2.9092−0.002%$23K$134K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9140+0.161%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9260+0.574%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9091−0.007%$30K100xas long as short