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 −0.007%
Price spread now: Gate against OKX0.000%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg +0.017%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.96600.0100pay 0.0100% / 8h4h 24m$5.7M$16.2M50x
ShortGate ICP_USDT2.96600.0100get 0.0100% / 8h4h 24m$1.9M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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: 0.000% → +0.017%
−$1.75
Slippage, 4 orders
−$39.21
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$65.95
Costs to cover
0.642%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 3 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 OKX live order book, 4 min ago1.69 bp11.1 bp −$1134.8 bp −$348doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.37 bp21.4 bp −$2162.8 bp −$628155.6 bp −$15.6Kdoesn'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
dYdX ICP-USD0.0000%1h2.9665+0.017%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9667+0.024%$264$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9663+0.008%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.017%$202$200K12xas long as short
Phemex ICPUSDT+0.0073%8h2.9620−0.135%$1.8M$791K50xas long as short
Variational Omni ICP+0.0094%8h2.9615−0.153%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9682+0.074%$157K$487K5xas long as short
Aster ICPUSDT+0.0100%8h2.9667+0.025%$270K$1.6M20xas long as short
Pacifica ICP+0.0100%1h2.9660+0.001%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.96600.000%$29.1M$50.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9650−0.034%$17.2M$18.3M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9660long leg$5.7M$16.2M50x
Gate ICP_USDTshort+0.0100%8h2.96600.000%$1.9M$3.0M50x
MEXC ICP_USDT+0.0100%8h2.96600.000%$19.9M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.96600.000%$4.8M$12.7M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9670+0.034%$7.0M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h2.9670+0.034%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9646−0.046%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9665+0.016%$565K$467K10xas long as short
SunX ICP-USDT+0.0100%8h2.9670+0.034%$2K$1.6M20xas long as short
HTX ICP-USDT+0.0100%8h2.9630−0.101%$104K$151K20xas long as short
Extended ICP-USD+0.0104%1h2.9638−0.074%$23K$130K10xas long as short
Hyperliquid ICP+0.0184%1h2.9692+0.108%$4.6M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h2.96600.000%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9820+0.539%$67K$61K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0535% / S −0.0528%1h2.9656−0.013%$39K100xas long as short
Kraken Futures PF_ICPUSD+0.0568%1h2.9693+0.110%$521K$601K50xas long as short