Funding you earn now, next payment 22:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h −0.001%
Price spread now: gTrade (Gains Network) against Bybit+0.057%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.057% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9840 | −0.0004 | get 0.0004% / 8h | 2h 28m | $17.2M | $17.6M | 75x |
| Short | gTrade (Gains Network) ICP/USD | 2.9857 | L +0.0006% / S −0.0010% | get 0.0001% / 1h | 28m 12s | $27K | — | 150x |
Bybit ICPUSDT
gTrade (Gains Network) ICP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3
- Price spread: +0.057% → 0.000%
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$12.3
- Costs to cover
- 0.210%
- Break-even
- 35.7 days
Slippage unknown: Bybit: live order book, just now; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, just now | 1.67 bp | 7.2 bp −$7 | 21.7 bp −$217 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1368% | 8h | 2.9700 | −0.469% | $1.7M | $781K | 50x | as long as short |
| Variational Omni ICP | −0.0254% | 8h | 2.9784 | −0.189% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.586% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0185% | 1h | 2.9853 | +0.044% | $266 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0109% | 8h | 2.9820 | −0.067% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDTlong | −0.0004% | 8h | 2.9840 | long leg | $17.2M | $17.6M | 75x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9864 | +0.079% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0010% | 1h | 2.9857 | +0.057% | $27K | — | 150x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9854 | +0.048% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9862 | +0.074% | $135K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
dYdX ICP-USD
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9855 | +0.052% | $29.0M | $48.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9820 | −0.067% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9850 | +0.034% | $19.3M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9840 | 0.000% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9850 | +0.034% | $6.9M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9840 | 0.000% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9793 | −0.157% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9812 | −0.095% | $571K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9850 | +0.034% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.101% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9851 | +0.037% | $24K | $123K | 10x | as long as short |
| Lighter ICP | +0.0128% | 1h | 2.9881 | +0.137% | $167K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9876 | +0.121% | $497K | $510K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9790 | −0.168% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9860 | +0.067% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9858 | +0.060% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0893% | 1h | 2.9906 | +0.221% | $4.7M | $5.0M | 5x | as long as short |
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Lighter ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP