ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0361%/8h= +39.6% APRnext payment +$0.45 per $10,000 · paid last 24h +0.096%

Price spread now: GMX against gTrade (Gains Network)−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.025% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ICP/USD	2.9223	L +0.0006% / S −0.0002%	pay 0.0001% / 1h	1m 55s	$10K	—	150x
Short	GMX ICP/USD [WBTC.b-USDC]	2.9216	L +0.0431% / S −0.0367%	get 0.0046% / 1h	1m 55s	$30K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GMXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $75.89
Price spread: −0.025% → 0.000%: −$2.49
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $51.4
Costs to cover: 0.220%
Break-even: 2.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

gTrade (Gains Network) and GMX: 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	−0.0332%	1h	2.9205	−0.063%	$190	$439	50x	as long as short
Kraken Futures PF_ICPUSD	−0.0059%	1h	2.9220	−0.012%	$487K	$633K	50x	as long as short
dYdX ICP-USD	0.0000%	1h	2.9245	+0.074%	$68K	$3K	5x	as long as short
gTrade (Gains Network) ICP/USDlong	L +0.0006% / S −0.0002%	1h	2.9223	long leg	$10K	—	150x
Injective ICP/USDC PERP	+0.0033%	1h	2.9665	+1.511%	$202	$200K	12x	as long as short
Variational Omni ICP	+0.0072%	8h	2.9310	+0.296%	$1.0M	$134K	—	as long as short
Phemex ICPUSDT	+0.0092%	8h	2.9300	+0.262%	$1.7M	$783K	50x	as long as short
Lighter ICP	+0.0096%	1h	2.9215	−0.029%	$141K	$491K	5x	as long as short
Hyperliquid ICP	+0.0100%	1h	2.9216	−0.026%	$4.5M	$4.8M	5x	as long as short
Aster ICPUSDT	+0.0100%	8h	2.9214	−0.031%	$262K	$1.5M	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica ICP	+0.0100%	1h	2.9234	+0.035%	$132K	$10K	5x	as long as short
Binance ICPUSDT	+0.0100%	8h	2.9190	−0.114%	$28.6M	$48.4M	75x	as long as short
Bybit ICPUSDT	+0.0100%	8h	2.9170	−0.183%	$16.8M	$17.6M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0100%	8h	2.9180	−0.149%	$5.6M	$14.8M	50x	as long as short
Gate ICP_USDT	+0.0100%	8h	2.9190	−0.115%	$1.8M	$2.9M	50x	as long as short
MEXC ICP_USDT	+0.0100%	8h	2.9190	−0.115%	$18.0M	$10.3M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	2.9170	−0.183%	$4.8M	$12.2M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	2.9200	−0.080%	$6.9M	$4.5M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	2.9180	−0.149%	—	$5.8M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	2.9283	+0.204%	$23K	$280K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	2.9263	+0.134%	$562K	$492K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	2.9200	−0.080%	$2K	$1.5M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	2.9190	−0.115%	$102K	$116K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	2.9172	−0.177%	$22K	$131K	10x	as long as short
BloFin ICP-USDT	+0.0220%	8h	2.9260	+0.125%	$1.2M	$2.3M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0352%	1h	2.9530	+1.049%	$57K	$69K	50x	as long as short
GMX ICP/USD [WBTC.b-USDC]short	L +0.0431% / S −0.0367%	1h	2.9216	−0.025%	$30K	—	100x