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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: OKX against MEXC−0.033%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 7 days+0.039%+$4 · spread now −0.033%, 7d avg −0.022%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT3.02300.0100pay 0.0100% / 8h7h 01m$19.4M$9.8M50x
ShortOKX ICP-USDT-SWAP3.02200.0100get 0.0100% / 8h7h 01m$6.1M$16.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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: −0.033% → −0.022%
−$1.13
Slippage, 4 orders
−$23.77
Fee MEXC: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$34.91
Costs to cover
0.338%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 1 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 MEXC live order book, 2 min ago1.65 bp4.4 bp −$413.0 bp −$13075.9 bp −$7,588141.5 bp −$70.8K
Sell OKX live order book, 1 min ago1.65 bp12.5 bp −$1235.0 bp −$350doesn'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
Deribit ICP_USDC-PERPETUAL−0.0279%1h3.0222−0.026%$269$46450xas long as short
Kraken Futures PF_ICPUSD−0.0122%1h3.0276+0.151%$548K$609K50xas long as short
Variational Omni ICP−0.0046%8h3.0409+0.593%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.0305+0.248%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0253+0.076%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.869%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0267+0.122%$169K$484K5xas long as short
Aster ICPUSDT+0.0100%8h3.0245+0.050%$334K$1.6M20xas long as short
Pacifica ICP+0.0100%1h3.0307+0.254%$137K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0228−0.006%$30.2M$53.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.02300.000%$18.0M$18.7M75xas long as short
OKX ICP-USDT-SWAPshort+0.0100%8h3.0220−0.033%$6.1M$16.8M50x
Gate ICP_USDT+0.0100%8h3.0240+0.033%$2.0M$3.0M50xas long as short
MEXC ICP_USDTlong+0.0100%8h3.0230long leg$19.4M$9.8M50x
KuCoin ICPUSDTM+0.0100%8h3.0210−0.066%$5.1M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0240+0.033%$7.1M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.02300.000%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0544+1.039%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0463+0.770%$578K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0240+0.033%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0200−0.099%$106K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0240+0.033%$1.8M$782K50xas long as short
Extended ICP-USD+0.0104%1h3.0221−0.029%$22K$128K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0350+0.397%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0234%1h3.0284+0.179%$4.9M$5.1M5xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0290+0.198%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0249+0.063%$38K100xas long as short