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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget−0.067%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1841.842% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 3 days (all we have)+0.120%+$12 · spread now −0.067%, 7d avg −0.049%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.97500.0100pay 0.0100% / 8h2h 11m$6.8M$4.5M50x
ShortSunX ICP-USDT2.97300.0100get 0.0100% / 8h2h 11m$2K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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: −0.067% → −0.049%
−$1.87
Slippage, 4 orders
−$164.2
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$186.06
Costs to cover
1.842%
Break-even
never at this rate
Slippage from Bitget: live order book, 7 min ago; SunX: live order book, 4 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 Bitget live order book, 7 min ago3.36 bp16.1 bp −$1641.3 bp −$413doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago48.68 bp74.3 bp −$74doesn'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
Phemex ICPUSDT−0.1352%8h2.9650−0.336%$1.7M$778K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0287%1h2.9761+0.037%$265$46450xas long as short
Variational Omni ICP−0.0229%8h2.9754+0.012%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.286%$202$200K12xas long as short
Gate ICP_USDT−0.0092%8h2.9730−0.067%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9719−0.103%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9747−0.011%$27K150xas long as short
Bybit ICPUSDT+0.0034%8h2.9730−0.067%$17.2M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9782+0.108%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h2.9748−0.007%$187K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9723−0.092%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9762+0.041%$29.0M$49.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9730−0.067%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9740−0.034%$19.5M$8.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9730−0.067%$5.2M$12.9M50xas long as short
Bitget ICPUSDTlong+0.0100%8h2.9750long leg$6.8M$4.5M50x
BingX ICP-USDT+0.0100%8h2.9740−0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9784+0.114%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9700−0.169%$568K$469K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9730−0.067%$2K$1.7M20x
HTX ICP-USDT+0.0100%8h2.9680−0.235%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9746−0.013%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9762+0.042%$487K$518K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9740−0.034%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9890+0.471%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9753+0.011%$31K100xas long as short
Hyperliquid ICP+0.0853%1h2.9800+0.168%$4.7M$5.0M5xas long as short