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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.019%
Price spread now: gTrade (Gains Network) against Binance+0.051%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.051% dearer against Binance than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.99600.0100pay 0.0100% / 8h1h 35m$29.8M$49.7M75x
ShortgTrade (Gains Network) ICP/USD2.9975L +0.0006% / S −0.0010%get 0.0001% / 1h35m 40s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. 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
−$18.91
Price spread: +0.051% → 0.000%
$5.14
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$33.77
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; gTrade (Gains Network): 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 Binance live order book, 6 min ago1.67 bp7.2 bp −$718.7 bp −$187320.6 bp −$32.1Kdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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−0.1315%8h2.9790−0.568%$1.7M$775K50xas long as short
Variational Omni ICP−0.0193%8h2.9912−0.162%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.985%$202$200K12xas long as short
Gate ICP_USDT−0.0096%8h2.9950−0.034%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9968+0.026%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9981+0.070%$267$46450xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h2.9975+0.051%$27K150x
Bybit ICPUSDT+0.0086%8h2.9940−0.067%$17.4M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9991+0.103%$166K$442K5xas long as short
Aster ICPUSDT+0.0100%8h2.9993+0.109%$186K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9960+0.001%$136K$11K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9960long leg$29.8M$49.7M75x
OKX ICP-USDT-SWAP+0.0100%8h2.9950−0.034%$5.9M$16.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.99600.000%$18.9M$8.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.99600.000%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.99600.000%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.99600.000%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9928−0.107%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9921−0.132%$572K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9970+0.033%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9950−0.034%$107K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9965+0.015%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9980+0.066%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h2.9989+0.097%$490K$524K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0010+0.167%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9976+0.054%$37K100xas long as short
Hyperliquid ICP+0.0673%1h3.0008+0.160%$4.8M$5.0M5xas long as short