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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.121%
Price spread now: edgeX against Deribit+0.133%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.133% dearer against Deribit than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ICP_USDC-PERPETUAL2.9091−0.0368get 0.0046% / 1h27m 27s$189$43950x
ShortedgeX ICPUSDC2.91300.0100get 0.0050% / 4h2h 27m$23K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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
$98.28
Price spread: +0.133% → 0.000%
$13.26
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$95.54
Costs to cover
0.160%
Break-even
0.2 days
Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 20 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 Deribit no order-book sample
Sell edgeX live order book, 20 min ago6.84 bp11.5 bp −$1226.5 bp −$265doesn't fitdoesn't fit
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALlong−0.0368%1h2.9091long leg$189$43950x
Kraken Futures PF_ICPUSD−0.0069%1h2.9094+0.011%$481K$644K50xas long as short
dYdX ICP-USD0.0000%1h2.9103+0.040%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9082−0.031%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.973%$202$200K12xas long as short
Variational Omni ICP+0.0057%8h2.9031−0.208%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9110+0.065%$141K$493K5xas long as short
Hyperliquid ICP+0.0100%1h2.9120+0.100%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9104+0.045%$260K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9118+0.092%$132K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9068−0.078%$28.5M$48.8M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9050−0.141%$17.0M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9050−0.141%$5.6M$14.7M50xas long as short
Gate ICP_USDT+0.0100%8h2.9070−0.072%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9080−0.038%$17.9M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9080−0.038%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9100+0.031%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9070−0.072%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9130+0.133%$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9144+0.183%$553K$495K10xas long as short
SunX ICP-USDT+0.0100%8h2.9080−0.038%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9090−0.003%$102K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9110+0.065%$1.7M$702K50xas long as short
Extended ICP-USD+0.0104%1h2.9082−0.029%$23K$134K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9140+0.168%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9260+0.581%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.90910.000%$30K100xas long as short