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+0.0234%/8h= +25.6% APRnext payment +$0.29 per $10,000 · paid last 24h +0.039%
Price spread now: Coinbase International against gTrade (Gains Network)+0.198%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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.198% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ICP/USD3.0370L +0.0006% / S −0.0010%pay 0.0001% / 1h52m 13s$27K150x
ShortCoinbase International ICP-PERP-INTX3.04300.0240get 0.0030% / 1h52m 13s$64K$90K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$49.07
Price spread: +0.198% → 0.000%
$19.76
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$48.83
Costs to cover
0.200%
Break-even
0.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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 gTrade (Gains Network) no order-book sample
Sell Coinbase International no order-book sample
gTrade (Gains Network) and Coinbase International: 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−0.1569%8h3.0190−0.593%$1.8M$767K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0408%1h3.0357−0.043%$271$46450xas long as short
Variational Omni ICP−0.0141%8h3.0311−0.195%$1.1M$107Kas long as short
Gate ICP_USDT−0.0037%8h3.0400+0.099%$2.0M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0409+0.128%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDlongL +0.0006% / S −0.0010%1h3.0370long leg$27K150x
Injective ICP/USDC PERP+0.0033%1h2.9665−2.321%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0380+0.033%$160K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0383+0.043%$216K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0390+0.066%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0350−0.066%$29.9M$50.7M75xas long as short
Bybit ICPUSDT+0.0100%8h3.03700.000%$17.7M$18.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0390+0.066%$6.2M$16.6M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0400+0.099%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0340−0.099%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0410+0.132%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0400+0.099%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0343−0.088%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0340−0.098%$581K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0320−0.165%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0380+0.033%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0344−0.086%$25K$118K10xas long as short
Hyperliquid ICP+0.0138%1h3.0450+0.265%$4.8M$5.0M5xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0372+0.006%$493K$530K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0400+0.099%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTXshort+0.0240%1h3.0430+0.198%$64K$90K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0366−0.014%$38K100xas long as short