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 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against edgeX−0.021%85s7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 3 days (all we have)−0.262%−$26 · spread now −0.021%, 7d avg +0.044%
Together, before fees−0.295%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.065% cheaper against edgeX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.044%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC3.00060.0100pay 0.0050% / 4h1h 18m$23K$278K10x
ShortBingX ICP-USDT3.00000.0100get 0.0100% / 8h1h 18m$4.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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: −0.021% → +0.044%
−$6.52
Slippage, 4 orders
−$25.29
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$50.81
Costs to cover
0.443%
Break-even
never at this rate
Slippage from edgeX: live order book, 65 min ago; BingX: live order book, 7 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 edgeX live order book, 65 min ago8.37 bp12.9 bp −$1326.5 bp −$265doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago1.67 bp10.2 bp −$1015.5 bp −$15546.0 bp −$4,596445.0 bp −$222.5K

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−0.1485%8h2.9830−0.588%$1.7M$772K50xas long as short
Variational Omni ICP−0.0166%8h2.9981−0.084%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−1.138%$202$200K12xas long as short
Gate ICP_USDT−0.0056%8h3.0000−0.021%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0029+0.075%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0015+0.029%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0025+0.061%$27K150xas long as short
Lighter ICP+0.0096%1h3.0036+0.099%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h3.0030+0.079%$203K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0027+0.068%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0010+0.012%$29.7M$50.3M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9990−0.055%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9990−0.055%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0020+0.045%$19.6M$8.8M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0000−0.021%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0000−0.021%$6.9M$4.5M50xas long as short
BingX ICP-USDTshort+0.0100%8h3.0000−0.021%$4.9M
edgeX ICPUSDClong+0.0100%4h3.0006long leg$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0006−0.002%$575K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0010+0.012%$956$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9960−0.155%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h3.0014+0.026%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0040+0.112%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h3.0036+0.100%$487K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+0.079%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h3.0013+0.022%$37K100xas long as short
Hyperliquid ICP+0.0674%1h3.0062+0.185%$4.8M$5.0M5xas long as short