Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h +0.007%
Price spread now: Gate against gTrade (Gains Network)−0.164%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.164% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ICP/USD | 3.0400 | L +0.0006% / S −0.0010% | pay 0.0001% / 1h | 55m 35s | $27K | — | 150x |
| Short | Gate ICP_USDT | 3.0350 | −0.0036 | pay 0.0036% / 8h | 55m 35s | $2.0M | $2.8M | 50x |
gTrade (Gains Network) ICP/USD
Gate ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$8.89
- Price spread: −0.164% → 0.000%
- −$16.45
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.33
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 3.31 bp | 22.9 bp −$23 | 68.0 bp −$680 | 174.4 bp −$17.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1537% | 8h | 3.0210 | −0.625% | $1.8M | $767K | 50x | as long as short |
| Variational Omni ICP | −0.0145% | 8h | 3.0011 | −1.280% | $1.1M | $107K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0079% | 1h | 3.0412 | +0.039% | $271 | $464 | 50x | as long as short |
| Gate ICP_USDTshort | −0.0036% | 8h | 3.0350 | −0.164% | $2.0M | $2.8M | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0368 | −0.107% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDlong | L +0.0006% / S −0.0010% | 1h | 3.0400 | long leg | $27K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.418% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0379 | −0.069% | $160K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0370 | −0.100% | $196K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0364 | −0.118% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Injective ICP/USDC PERP
Lighter 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 | 3.0350 | −0.164% | $29.9M | $50.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0330 | −0.230% | $17.6M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0340 | −0.197% | $6.1M | $16.5M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0340 | −0.197% | $19.6M | $9.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0350 | −0.164% | $5.2M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0360 | −0.132% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0340 | −0.197% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0237 | −0.536% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0279 | −0.399% | $580K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0390 | −0.033% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0390 | −0.033% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0337 | −0.208% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0430 | +0.097% | $494K | $530K | 50x | as long as short |
| Hyperliquid ICP | +0.0201% | 1h | 3.0391 | −0.030% | $4.8M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0290 | −0.362% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0310 | −0.296% | $63K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0396 | −0.012% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit 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
Kraken Futures PF_ICPUSD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]