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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: BingX against dYdX+0.149%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 7 days+0.180%+$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.149% dearer against dYdX than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD3.02050get 0.0000% / 1h23m 20s$70K$4K5x
ShortBingX ICP-USDT3.02500.0100get 0.0100% / 8h23m 20s$5.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.149% → 0.000%
$14.94
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$15.94
Costs to cover
0.200%
Break-even
1.7 days
Slippage unknown: dYdX: no order-book sample; BingX: live order book, 12 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 BingX live order book, 12 min ago1.65 bp10.6 bp −$1117.7 bp −$17755.1 bp −$5,508474.3 bp −$237.1K
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 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−0.1414%8h3.0330+0.414%$1.8M$765K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0311%1h3.0260+0.183%$270$46450xas long as short
Variational Omni ICP−0.0122%8h3.0212+0.022%$1.1M$107Kas long as short
Gate ICP_USDT−0.0015%8h3.0230+0.083%$1.9M$2.9M50xas long as short
dYdX ICP-USDlong0.0000%1h3.0205long leg$70K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0255+0.164%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.787%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0306+0.335%$157K$454K5xas long as short
Aster ICPUSDT+0.0100%8h3.0234+0.097%$190K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0220+0.051%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0272+0.223%$29.9M$51.7M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0280+0.249%$18.0M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0280+0.249%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0220+0.050%$19.1M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0230+0.083%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0270+0.216%$7.1M$4.7M50xas long as short
BingX ICP-USDTshort+0.0100%8h3.0250+0.149%$5.2M
edgeX ICPUSDC+0.0100%4h3.0178−0.088%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0232+0.091%$577K$436K10xas long as short
SunX ICP-USDT+0.0100%8h3.0250+0.149%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0200−0.016%$107K$222K20xas long as short
Extended ICP-USD+0.0104%1h3.0243+0.127%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0296+0.301%$537K$578K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0300+0.315%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+1.110%$64K$89K50xas long as short
Hyperliquid ICP+0.0243%1h3.0292+0.288%$4.8M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0258+0.176%$38K100xas long as short