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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0345%/8h= +37.8% APRnext payment +$3.45 per $10,000 · paid last 24h +0.070%
Price spread now: BingX against Variational Omni+0.020%7-day average +0.062% · 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 3 days (all we have)+0.163%+$16 on $10k
Price spread, last 3 days (all we have)−0.445%−$45 · spread now +0.020%, 7d avg +0.062%
Together, before fees−0.282%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.042% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.062%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.163% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP2.9864−0.0245get 0.0245% / 8h2h 21m$1.1M$119K
ShortBingX ICP-USDT2.98700.0100get 0.0100% / 8h2h 21m$4.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$72.43
Price spread: +0.020% → +0.062%
−$4.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$58.25
Costs to cover
0.100%
Break-even
1.4 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 9 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 Variational Omni RFQ quote, 2 min ago6.08 bpdoesn't fit34.7 bp −$347doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago1.68 bp8.8 bp −$916.4 bp −$16465.4 bp −$6,539486.1 bp −$243.1K

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 ICPUSDT−0.1414%8h2.9680−0.616%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0319%1h2.9879+0.050%$266$46450xas long as short
Variational Omni ICPlong−0.0245%8h2.9864long leg$1.1M$119K
Injective ICP/USDC PERP−0.0199%1h2.9665−0.666%$202$200K12xas long as short
Gate ICP_USDT−0.0091%8h2.9850−0.047%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9889+0.083%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9886+0.075%$27K150xas long as short
Bybit ICPUSDT+0.0013%8h2.9860−0.013%$17.2M$17.6M75xas long as short
Aster ICPUSDT+0.0100%8h2.9879+0.050%$188K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9883+0.063%$135K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9879+0.052%$29.1M$48.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9870+0.020%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9870+0.020%$19.2M$8.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9880+0.054%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9880+0.054%$6.8M$4.5M50xas long as short
BingX ICP-USDTshort+0.0100%8h2.9870+0.020%$4.9M
edgeX ICPUSDC+0.0100%4h2.9855−0.029%$23K$276K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9854−0.033%$572K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9870+0.020%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9790−0.248%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9876+0.040%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0147%1h2.9914+0.167%$490K$518K50xas long as short
Lighter ICP+0.0152%1h2.9906+0.141%$167K$442K5xas long as short
BloFin ICP-USDT+0.0220%8h2.9880+0.054%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9890+0.087%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0534% / S −0.0529%1h2.9880+0.055%$40K100xas long as short
Hyperliquid ICP+0.0875%1h2.9935+0.236%$4.7M$5.0M5xas long as short