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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against edgeX−0.220%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1331.333% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.220%, 7d avg +0.011%
Together, before fees+0.045%+ Points / potential airdropedgeX: Active · farm board+$5 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: HTX is 0.231% cheaper against edgeX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC3.00860.0100pay 0.0050% / 4h2h 15m$23K$280K10x
ShortHTX ICP-USDT3.00200.0100get 0.0100% / 8h6h 15m$105K$239K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.220% → +0.011%
−$23.15
Slippage, 4 orders
−$112.27
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$156.42
Costs to cover
1.333%
Break-even
never at this rate
Slippage from edgeX: live order book, 52 min ago; HTX: live order book, 51 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, 52 min ago9.83 bp14.3 bp −$1429.1 bp −$291doesn't fitdoesn't fit
Sell HTX live order book, 51 min ago44.46 bp53.7 bp −$54doesn't fitdoesn't fitdoesn't fit

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
Deribit ICP_USDC-PERPETUAL−0.0116%1h3.0069−0.057%$268$46450xas long as short
dYdX ICP-USD0.0000%1h3.0042−0.147%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0076−0.033%$23K150xas long as short
Variational Omni ICP+0.0009%8h3.0039−0.156%$1.1M$116Kas long as short
Phemex ICPUSDT+0.0017%8h3.0020−0.220%$1.8M$799K50xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.400%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0070−0.054%$164K$492K5xas long as short
Aster ICPUSDT+0.0100%8h3.0042−0.148%$279K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0041−0.150%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0070−0.054%$29.7M$53.7M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0070−0.054%$17.7M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0060−0.087%$5.8M$17.1M50xas long as short
Gate ICP_USDT+0.0100%8h3.0050−0.121%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0040−0.154%$19.4M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0030−0.187%$4.9M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0080−0.021%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0060−0.087%$6.0Mas long as short
edgeX ICPUSDClong+0.0100%4h3.0086long leg$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0104+0.060%$584K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0020−0.220%$1K$1.8M20xas long as short
HTX ICP-USDTshort+0.0100%8h3.0020−0.220%$105K$239K20x
Extended ICP-USD+0.0104%1h3.0062−0.080%$22K$125K10xas long as short
Hyperliquid ICP+0.0176%1h3.0083−0.011%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0180+0.312%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0056−0.102%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0892%1h3.0099+0.041%$545K$609K50xas long as short