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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.276%
Price spread now: SunX against Phemex+0.101%7-day average +0.119% · 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+2.504%+$250 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.101%, 7d avg +0.119%
Together, before fees+2.636%+$264 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.119%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ICPUSDT2.9560−0.0071get 0.0071% / 8h3h 47m$1.8M$790K50x
ShortSunX ICP-USDT2.95900.0100get 0.0100% / 8h3h 47m$1K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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
$35.88
Price spread: +0.101% → +0.119%
−$1.77
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$14.11
Costs to cover
0.200%
Break-even
4.2 days
Slippage unknown: Phemex: live order book, 5 min ago; SunX: live order book, 7 min ago. 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 Phemex live order book, 5 min ago5.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 7 min ago43.85 bp74.2 bp −$74doesn'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
Phemex ICPUSDTlong−0.0071%8h2.9560long leg$1.8M$790K50x
Kraken Futures PF_ICPUSD−0.0058%1h2.9604+0.148%$531K$606K50xas long as short
dYdX ICP-USD0.0000%1h2.9565+0.017%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9567+0.024%$264$43950xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9572+0.042%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.355%$202$200K12xas long as short
Variational Omni ICP+0.0086%8h2.9590+0.101%$1.1M$118Kas long as short
Lighter ICP+0.0096%1h2.9592+0.108%$154K$477K5xas long as short
Hyperliquid ICP+0.0100%1h2.9609+0.166%$4.6M$4.9M5xas long as short
Aster ICPUSDT+0.0100%8h2.9581+0.072%$263K$1.6M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9573+0.043%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9572+0.039%$29.0M$49.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9550−0.034%$17.1M$17.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9570+0.034%$5.7M$15.4M50xas long as short
Gate ICP_USDT+0.0100%8h2.95600.000%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9580+0.068%$19.2M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9580+0.068%$4.9M$12.4M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9580+0.068%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9570+0.034%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9655+0.321%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9682+0.414%$568K$470K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9590+0.101%$1K$1.6M20x
HTX ICP-USDT+0.0100%8h2.9610+0.169%$104K$117K20xas long as short
Extended ICP-USD+0.0104%1h2.9562+0.007%$22K$132K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9540−0.068%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9750+0.643%$67K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9569+0.032%$31K100xas long as short