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 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.032%
Price spread now: Injective against edgeX−2.283%107s7-day average +0.990% · 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−0.200%−$20 on $10k
Price spread, last 3 days (all we have)+2.527%+$253 · spread now −2.283%, 7d avg +0.990%
Together, before fees+2.327%+ Points / potential airdropedgeX: Active · farm board+$233 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.273% cheaper against edgeX than usual: you would sell low and buy high (−$327 if the spread goes back to its 7-day average of +0.990%). Swap the legs. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC3.03580.0100pay 0.0050% / 4h3h 55m$23K$278K10x
ShortInjective ICP/USDC PERP2.96650.0033get 0.0004% / 1h55m 36s$202$200K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −2.283% → +0.990%
−$327.28
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$350.3
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 17 min ago; Injective: 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, 17 min ago8.29 bp12.8 bp −$1326.4 bp −$264doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.1503%8h3.0420+0.204%$1.8M$761K50xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0495+0.452%$555K$597K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0111%1h3.0445+0.286%$271$46450xas long as short
Variational Omni ICP−0.0099%8h3.0431+0.240%$1.1M$108Kas long as short
Gate ICP_USDT−0.0025%8h3.0370+0.039%$1.9M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0425+0.222%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0445+0.286%$27K150xas long as short
Injective ICP/USDC PERPshort+0.0033%1h2.9665−2.283%$202$200K12x
HTX ICP-USDT+0.0060%8h3.0410+0.171%$106K$238K20xas long as short
Lighter ICP+0.0096%1h3.0418+0.197%$158K$450K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h3.0420+0.203%$253K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0416+0.191%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0335−0.077%$30.0M$51.9M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0330−0.093%$18.0M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0320−0.126%$6.1M$16.9M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0380+0.072%$19.2M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0380+0.072%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0350−0.027%$7.1M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0380+0.072%$5.2Mas long as short
edgeX ICPUSDClong+0.0100%4h3.0358long leg$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0380+0.073%$585K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0440+0.270%$2K$1.8M20xas long as short
Extended ICP-USD+0.0104%1h3.0386+0.091%$25K$113K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0310−0.158%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0264%1h3.0461+0.339%$4.8M$5.1M5xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0410+0.171%$64K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0442+0.277%$38K100xas long as short