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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Pacifica−0.206%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1431.426% 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 4 days (all we have)−0.049%−$5 · spread now −0.206%, 7d avg −0.097%
Together, before fees−0.075%+ Points / potential airdropPacifica: Active · farm board−$8 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: HTX is 0.109% cheaper against Pacifica than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.97410.0100pay 0.0013% / 1h8m 13s$135K$10K5x
ShortHTX ICP-USDT2.96800.0100get 0.0100% / 8h5h 08m$104K$181K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Pacifica. 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: −0.206% → −0.097%
−$10.92
Slippage, 4 orders
−$122.58
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$153.5
Costs to cover
1.426%
Break-even
never at this rate
Slippage from Pacifica: live order book, 54 min ago; HTX: live order book, 53 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 Pacifica live order book, 54 min ago12.50 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 53 min ago25.03 bp68.5 bp −$69doesn't fitdoesn'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−0.0053%1h2.9728−0.045%$265$46450xas long as short
dYdX ICP-USD0.0000%1h2.9717−0.081%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9732−0.031%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.257%$202$200K12xas long as short
Variational Omni ICP+0.0080%8h2.9809+0.228%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9757+0.052%$160K$486K5xas long as short
Aster ICPUSDT+0.0100%8h2.9736−0.017%$273K$1.7M20xas long as short
Pacifica ICPlong+0.0100%1h2.9741long leg$135K$10K5x
Binance ICPUSDT+0.0100%8h2.9730−0.038%$29.3M$53.2M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9720−0.072%$17.2M$18.9M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9720−0.072%$5.8M$16.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9710−0.106%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9730−0.038%$19.8M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9720−0.072%$4.8M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9740−0.005%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9720−0.072%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9832+0.305%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9882+0.472%$567K$483K10xas long as short
SunX ICP-USDT+0.0100%8h2.9720−0.072%$1K$1.7M20xas long as short
HTX ICP-USDTshort+0.0100%8h2.9680−0.206%$104K$181K20x
Phemex ICPUSDT+0.0100%8h2.9710−0.106%$1.8M$794K50xas long as short
Extended ICP-USD+0.0104%1h2.9722−0.065%$23K$122K10xas long as short
Hyperliquid ICP+0.0123%1h2.9769+0.093%$4.6M$5.0M5xas long as short
BloFin ICP-USDT+0.0220%8h2.9760+0.063%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0295%1h2.9767+0.087%$525K$643K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9760+0.063%$67K$68K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9729−0.042%$37K100xas long as short