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

ICP

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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: edgeX against HTX+0.062%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as 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)+0.087%+$9 · spread now +0.062%, 7d avg −0.011%
Together, before fees+0.113%+ Points / potential airdropedgeX: Active · farm board+$11 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: edgeX is 0.074% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ICP-USDT3.00400.0100pay 0.0100% / 8h6h 43m$105K$240K20x
ShortedgeX ICPUSDC3.00590.0100get 0.0050% / 4h2h 43m$23K$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.062% → −0.011%
$7.36
Slippage, 4 orders
−$112.27
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$125.91
Costs to cover
1.333%
Break-even
never at this rate
Slippage from HTX: live order book, 23 min ago; edgeX: live order book, 25 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 HTX live order book, 23 min ago44.46 bp50.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 25 min ago9.83 bp14.8 bp −$1530.4 bp −$304doesn't fitdoesn't fit

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
Variational Omni ICP−0.0022%8h3.0040+0.001%$1.1M$118Kas long as short
dYdX ICP-USD0.0000%1h3.0095+0.184%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0036−0.013%$268$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0062+0.075%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.248%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0069+0.097%$165K$489K5xas long as short
Aster ICPUSDT+0.0100%8h3.0051+0.037%$299K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0080+0.133%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9976−0.213%$29.8M$54.0M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9950−0.300%$17.7M$19.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9930−0.366%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0010−0.100%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0030−0.033%$18.9M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0020−0.067%$5.0M$13.5M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0010−0.100%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0000−0.133%$6.1Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0059+0.062%$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9985−0.183%$569K$477K10xas long as short
SunX ICP-USDT+0.0100%8h3.00400.000%$2K$1.8M20xas long as short
HTX ICP-USDTlong+0.0100%8h3.0040long leg$105K$240K20x
Phemex ICPUSDT+0.0100%8h3.0080+0.133%$1.8M$794K50xas long as short
Extended ICP-USD+0.0104%1h3.0047+0.022%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0060+0.067%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0080+0.133%$65K$75K50xas long as short
Hyperliquid ICP+0.0403%1h3.0040−0.001%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0049+0.029%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0893%1h3.0070+0.099%$545K$617K50xas long as short