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 04:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.084%
Price spread now: edgeX against Variational Omni+0.121%7-day average +0.025% · 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)+0.183%+$18 on $10k
Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.121%, 7d avg +0.025%
Together, before fees+0.128%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.096% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP2.99900.0020pay 0.0020% / 8h6h 02m$1.1M$116K
ShortedgeX ICPUSDC3.00260.0100get 0.0050% / 4h2h 02m$23K$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$16.72
Price spread: +0.121% → +0.025%
$9.58
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$17.3
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; edgeX: live order book, 65 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, 1 min ago4.38 bpdoesn't fit32.1 bp −$321doesn't fitdoesn't fit
Sell edgeX live order book, 65 min ago9.83 bp14.8 bp −$1530.4 bp −$304doesn't fitdoesn't fit

ICP on 26 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−0.0117%1h2.9974−0.053%$267$46450xas long as short
dYdX ICP-USD0.0000%1h2.9977−0.043%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9983−0.023%$23K150xas long as short
Variational Omni ICPlong+0.0020%8h2.9990long leg$1.1M$116K
Injective ICP/USDC PERP+0.0033%1h2.9665−1.083%$202$200K12xas long as short
Phemex ICPUSDT+0.0037%8h2.9980−0.033%$1.8M$798K50xas long as short
Lighter ICP+0.0096%1h2.9994+0.014%$163K$492K5xas long as short
Aster ICPUSDT+0.0100%8h2.9981−0.030%$278K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9968−0.074%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9970−0.066%$29.6M$53.4M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9960−0.099%$17.5M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9960−0.099%$5.8M$17.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9970−0.066%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9960−0.099%$19.1M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9950−0.133%$4.9M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9970−0.066%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9970−0.066%$6.0Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0026+0.121%$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9998+0.027%$582K$480K10xas long as short
SunX ICP-USDT+0.0100%8h2.9960−0.099%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9960−0.099%$105K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9962−0.094%$22K$127K10xas long as short
Hyperliquid ICP+0.0119%1h2.9998+0.028%$4.6M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0140+0.501%$65K$68K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h2.9973−0.055%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0894%1h3.0025+0.119%$544K$609K50xas long as short