Funding you earn now, next payment 06:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.002%
Price spread now: Bybit against gTrade (Gains Network)+0.128%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 +$3 a day on $10k at the current rate, and Bybit is 0.128% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 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 | gTrade (Gains Network) ICP/USD | 2.9233 | L +0.0006% / S −0.0002% | pay 0.0001% / 1h | 22m 03s | $10K | — | 150x |
| Short | Bybit ICPUSDT | 2.9270 | 0.0100 | get 0.0100% / 8h | 2h 22m | $17.1M | $17.9M | 75x |
gTrade (Gains Network) ICP/USD
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against gTrade (Gains Network). 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
- $19.77
- Price spread: +0.128% → 0.000%
- $12.79
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $11.56
- Costs to cover
- 0.210%
- Break-even
- 2.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Bybit: live order book, 1 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 1.72 bp | 10.2 bp −$10 | 26.5 bp −$265 | 422.9 bp −$42.3K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0126% | 1h | 2.9263 | +0.104% | $190 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9279 | +0.157% | $483K | $643K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9186 | −0.161% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDlong | L +0.0006% / S −0.0002% | 1h | 2.9233 | long leg | $10K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.479% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0050% | 8h | 2.9050 | −0.624% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9271 | +0.131% | $141K | $494K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9311 | +0.268% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9276 | +0.147% | $262K | $1.3M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9194 | −0.131% | $132K | $9K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
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 | 2.9280 | +0.162% | $28.7M | $48.8M | 75x | as long as short |
| Bybit ICPUSDTshort | +0.0100% | 8h | 2.9270 | +0.128% | $17.1M | $17.9M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9290 | +0.196% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9260 | +0.094% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9260 | +0.094% | $18.0M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9260 | +0.094% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9300 | +0.231% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9260 | +0.094% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9072 | −0.550% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9166 | −0.227% | $553K | $495K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9210 | −0.077% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9220 | −0.043% | $102K | $118K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9250 | +0.060% | $1.7M | $668K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9230 | −0.007% | $23K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9160 | −0.248% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9260 | +0.094% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9238 | +0.018% | $30K | — | 100x | as long as short |
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]