Funding you earn now, next payment 06:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Injective against gTrade (Gains Network)+1.236%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 +$1 a day on $10k at the current rate, and Injective is 1.236% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$124 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 | 2.9303 | L +0.0006% / S −0.0002% | pay 0.0001% / 1h | 57m 07s | $10K | — | 150x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 57m 07s | $202 | $200K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $5.77
- Price spread: +1.236% → 0.000%
- $123.57
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $119.32
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Injective: 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 | −0.0125% | 1h | 2.9296 | −0.024% | $191 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9315 | +0.040% | $487K | $626K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9208 | −0.326% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDlong | L +0.0006% / S −0.0002% | 1h | 2.9303 | long leg | $10K | — | 150x | |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | +1.236% | $202 | $200K | 12x | |
| Variational Omni ICP | +0.0070% | 8h | 2.9175 | −0.437% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9304 | +0.004% | $142K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9339 | +0.123% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9306 | +0.011% | $262K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9223 | −0.273% | $132K | $10K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9306 | +0.011% | $28.7M | $48.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9300 | −0.010% | $16.9M | $17.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9310 | +0.024% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9290 | −0.044% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9310 | +0.024% | $18.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9290 | −0.044% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9310 | +0.024% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9320 | +0.058% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9193 | −0.374% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9198 | −0.358% | $561K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9300 | −0.010% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9250 | −0.181% | $102K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9290 | −0.044% | $1.7M | $781K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9292 | −0.037% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9300 | −0.010% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9530 | +0.775% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9299 | −0.013% | $30K | — | 100x | as long as short |
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit 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]