Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
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
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 +$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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ICP/USD2.9303L +0.0006% / S −0.0002%pay 0.0001% / 1h57m 07s$10K150x
ShortInjective ICP/USDC PERP2.96650.0033get 0.0004% / 1h57m 07s$202$200K12x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0125%1h2.9296−0.024%$191$43950xas long as short
Kraken Futures PF_ICPUSD−0.0068%1h2.9315+0.040%$487K$626K50xas long as short
dYdX ICP-USD0.0000%1h2.9208−0.326%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDlongL +0.0006% / S −0.0002%1h2.9303long leg$10K150x
Injective ICP/USDC PERPshort+0.0033%1h2.9665+1.236%$202$200K12x
Variational Omni ICP+0.0070%8h2.9175−0.437%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9304+0.004%$142K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9339+0.123%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9306+0.011%$262K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9223−0.273%$132K$10K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9306+0.011%$28.7M$48.5M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9300−0.010%$16.9M$17.7M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9310+0.024%$5.6M$14.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9290−0.044%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9310+0.024%$18.1M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9290−0.044%$4.8M$12.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9310+0.024%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9320+0.058%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9193−0.374%$23K$281K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9198−0.358%$561K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9300−0.010%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9250−0.181%$102K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9290−0.044%$1.7M$781K50xas long as short
Extended ICP-USD+0.0104%1h2.9292−0.037%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9300−0.010%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9530+0.775%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9299−0.013%$30K100xas long as short