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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.040%
Price spread now: dYdX against Variational Omni−0.018%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP3.0431−0.0099get 0.0099% / 8h7h 55m$1.1M$108K
ShortdYdX ICP-USD3.04250get 0.0000% / 1h55m 48s$71K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$20.86
Price spread: −0.018% → 0.000%
−$1.79
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$9.07
Costs to cover
0.100%
Break-even
4.0 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; dYdX: no order-book sample. 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, 3 min ago4.36 bpdoesn't fit53.3 bp −$533doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1503%8h3.0420−0.036%$1.8M$761K50xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0495+0.212%$555K$597K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0111%1h3.0445+0.046%$271$46450xas long as short
Variational Omni ICPlong−0.0099%8h3.0431long leg$1.1M$108K
dYdX ICP-USDshort0.0000%1h3.0425−0.018%$71K$4K5x
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0445+0.046%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.517%$202$200K12xas long as short
HTX ICP-USDT+0.0060%8h3.0410−0.069%$106K$238K20xas long as short
Lighter ICP+0.0096%1h3.0418−0.042%$158K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0447+0.054%$254K$1.6M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h3.0416−0.048%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0404−0.089%$30.1M$51.9M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0380−0.167%$18.0M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0330−0.332%$6.1M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.0430−0.003%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0380−0.167%$19.2M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0380−0.167%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0390−0.134%$7.2M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0430−0.003%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0279−0.500%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0263−0.551%$583K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0440+0.030%$2K$1.8M20xas long as short
Extended ICP-USD+0.0104%1h3.0444+0.042%$25K$113K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0310−0.397%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0264%1h3.0461+0.099%$4.8M$5.1M5xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0410−0.069%$64K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0442+0.037%$38K100xas long as short