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−0.0090%/8h= −9.9% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against edgeX−0.215%68s7-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 3 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.215% cheaper against edgeX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC3.05400.0100pay 0.0050% / 4h45m 44s$24K$279K10x
ShortgTrade (Gains Network) ICP/USD3.0474L +0.0006% / S −0.0010%get 0.0001% / 1h45m 44s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$18.91
Price spread: −0.215% → 0.000%
−$21.48
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$59.39
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 32 min ago; gTrade (Gains Network): no order-book sample. 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 edgeX live order book, 32 min ago8.33 bp12.8 bp −$1326.9 bp −$269doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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−0.1597%8h3.0390−0.491%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0308%1h3.0457−0.272%$271$46450xas long as short
Variational Omni ICP−0.0150%8h3.0556+0.053%$1.1M$107Kas long as short
Gate ICP_USDT−0.0033%8h3.0440−0.328%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0478−0.205%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h3.0474−0.215%$27K150x
Injective ICP/USDC PERP+0.0033%1h2.9665−2.865%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0480−0.197%$160K$451K5xas long as short
Aster ICPUSDT+0.0100%8h3.0482−0.190%$219K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0473−0.219%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0460−0.262%$30.1M$51.2M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0440−0.328%$18.1M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0440−0.328%$6.2M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0460−0.262%$19.4M$9.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0450−0.295%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0460−0.262%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0440−0.328%$4.9Mas long as short
edgeX ICPUSDClong+0.0100%4h3.0540long leg$24K$279K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0516−0.078%$584K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0440−0.328%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0450−0.295%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0444−0.314%$26K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0170%1h3.0503−0.120%$542K$580K50xas long as short
Hyperliquid ICP+0.0209%1h3.0506−0.112%$4.8M$5.0M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0410−0.426%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0480−0.197%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0547% / S −0.0540%1h3.0456−0.276%$41K100xas long as short