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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.021%
Price spread now: Binance against dYdX−0.007%7-day average · 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+0.151%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD2.98720get 0.0000% / 1h57m 12s$70K$4K5x
ShortBinance ICPUSDT2.98700.0100get 0.0100% / 8h5h 57m$29.5M$53.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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
$21
Price spread: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$0.33
Costs to cover
0.200%
Break-even
6.9 days
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 15 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 dYdX no order-book sample
Sell Binance live order book, 15 min ago1.66 bp11.8 bp −$1220.7 bp −$207191.1 bp −$19.1Kdoesn't fit
dYdX: 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 26 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
dYdX ICP-USDlong0.0000%1h2.9872long leg$70K$4K5x
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9865−0.023%$266$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9863−0.029%$23K150xas long as short
Variational Omni ICP+0.0029%8h2.9930+0.193%$1.1M$116Kas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.693%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9891+0.064%$163K$482K5xas long as short
Hyperliquid ICP+0.0100%1h2.9916+0.146%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9873+0.004%$285K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9880+0.025%$135K$11K5xas long as short
Binance ICPUSDTshort+0.0100%8h2.9870−0.007%$29.5M$53.1M75x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9880+0.027%$17.4M$18.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9890+0.060%$5.8M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9880+0.027%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9890+0.060%$19.0M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9850−0.074%$4.9M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9890+0.060%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9890+0.060%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9949+0.258%$23K$281K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9933+0.203%$581K$480K10xas long as short
SunX ICP-USDT+0.0100%8h2.9870−0.007%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9820−0.174%$104K$182K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9920+0.161%$1.8M$797K50xas long as short
Extended ICP-USD+0.0104%1h2.9853−0.063%$22K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0293%1h2.9904+0.106%$542K$610K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h3.0140+0.897%$65K$68K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h2.9869−0.010%$37K100xas long as short