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 16:00 UTC−0.0481%/8h= −52.6% APRnext payment $4.81 per $10,000 · paid last 24h −0.243%
Price spread now: Phemex against BingX−0.136%7-day average −0.135% · you buy dearer than you sell
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−2.412%−$241 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.136%, 7d avg −0.135%
Together, before fees−2.469%−$247 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.135%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.94600.0100pay 0.0100% / 8h5h 56m$5.7M
ShortPhemex ICPUSDT2.9420−0.0381pay 0.0381% / 8h5h 56m$1.7M$703K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against BingX. 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
−$100.92
Price spread: −0.136% → −0.135%
−$0.06
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$122.99
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Phemex: live order book, 4 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 BingX live order book, 6 min ago1.70 bp9.6 bp −$1016.2 bp −$16258.1 bp −$5,813475.3 bp −$237.6K
Sell Phemex live order book, 4 min ago1.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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 ICPUSDTshort−0.0381%8h2.9420−0.136%$1.7M$703K50x
Deribit ICP_USDC-PERPETUAL−0.0157%1h2.9466+0.020%$192$43950xas long as short
Variational Omni ICP−0.0156%8h2.9448−0.040%$1.1M$164Kas long as short
dYdX ICP-USD0.0000%1h2.9478+0.061%$68K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9470+0.034%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.696%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9480+0.068%$135K$452K5xas long as short
Aster ICPUSDT+0.0100%8h2.9494+0.115%$248K$909K20xas long as short
Pacifica ICP+0.0100%1h2.9462+0.006%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9470+0.034%$28.5M$47.3M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9470+0.034%$17.1M$17.2M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9470+0.034%$5.8M$12.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9470+0.034%$1.9M$2.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9470+0.034%$18.3M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9480+0.068%$4.9M$10.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9500+0.136%$7.0M$4.3M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9460long leg$5.7M
edgeX ICPUSDC+0.0100%4h2.9453−0.024%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9494+0.117%$561K$598K10xas long as short
SunX ICP-USDT+0.0100%8h2.94600.000%$1K$1.4M20xas long as short
HTX ICP-USDT+0.0100%8h2.9470+0.034%$103K$124K20xas long as short
Extended ICP-USD+0.0104%1h2.9461+0.003%$23K$243K10xas long as short
Kraken Futures PF_ICPUSD+0.0187%1h2.9498+0.128%$512K$589K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9480+0.068%$1.2M$2.4M75xas long as short
Hyperliquid ICP+0.0285%1h2.9538+0.265%$4.6M$4.3M5xas long as short
Coinbase International ICP-PERP-INTX+0.0424%1h2.9570+0.373%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0425% / S −0.0357%1h2.9475+0.051%$30K100xas long as short