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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.030%
Price spread now: Coinbase International against HTX+0.203%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+0.336%+$34 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 +$7 a day on $10k at the current rate, and Coinbase International is 0.203% dearer against HTX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT2.95900.0100pay 0.0100% / 8h1h 57m$103K$118K20x
ShortCoinbase International ICP-PERP-INTX2.96500.0320get 0.0040% / 1h57m 55s$58K$70K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. 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
$46.2
Price spread: +0.203% → 0.000%
$20.28
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$44.48
Costs to cover
0.220%
Break-even
0.3 days
Slippage unknown: HTX: live order book, 48 min ago; Coinbase International: 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 HTX live order book, 48 min ago15.42 bp21.4 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: 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
Kraken Futures PF_ICPUSD−0.0313%1h2.9621+0.106%$525K$664K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0223%1h2.9600+0.034%$193$43950xas long as short
Phemex ICPUSDT−0.0112%8h2.9490−0.338%$1.8M$676K50xas long as short
dYdX ICP-USD0.0000%1h2.9622+0.108%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9631+0.138%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.253%$202$200K12xas long as short
Variational Omni ICP+0.0058%8h2.9540−0.171%$1.1M$133Kas long as short
Lighter ICP+0.0096%1h2.9611+0.071%$140K$495K5xas long as short
Aster ICPUSDT+0.0100%8h2.9613+0.077%$265K$1.2M20xas long as short
Pacifica ICP+0.0100%1h2.9619+0.098%$134K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9600+0.034%$29.0M$48.9M75xas long as short
Bybit ICPUSDT+0.0100%8h2.95900.000%$17.3M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.95900.000%$5.7M$15.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9600+0.034%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9610+0.068%$18.7M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.95900.000%$4.9M$12.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9610+0.068%$7.0M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h2.95900.000%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9539−0.172%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9557−0.112%$563K$513K10xas long as short
SunX ICP-USDT+0.0100%8h2.9610+0.068%$2K$1.5M20xas long as short
HTX ICP-USDTlong+0.0100%8h2.9590long leg$103K$118K20x
Extended ICP-USD+0.0104%1h2.9592+0.006%$23K$131K10xas long as short
Hyperliquid ICP+0.0138%1h2.9641+0.172%$4.6M$4.8M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9580−0.034%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTXshort+0.0320%1h2.9650+0.203%$58K$70K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0434% / S −0.0367%1h2.9625+0.120%$31K100xas long as short