Funding you earn now, next payment 00:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.042%
Price spread now: Variational Omni against gTrade (Gains Network)−0.373%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.373% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$37 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 | 3.0425 | L +0.0006% / S −0.0010% | pay 0.0001% / 1h | 53m 06s | $27K | — | 150x |
| Short | Variational Omni ICP | 3.0311 | −0.0141 | pay 0.0141% / 8h | 53m 06s | $1.1M | $107K | — |
gTrade (Gains Network) ICP/USD
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$30.97
- Price spread: −0.373% → 0.000%
- −$37.34
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$78.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 6.02 bp | doesn't fit | 20.5 bp −$205 | doesn't fit | 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 | −0.1561% | 8h | 3.0210 | −0.705% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0276% | 1h | 3.0403 | −0.071% | $271 | $464 | 50x | as long as short |
| Variational Omni ICPshort | −0.0141% | 8h | 3.0311 | −0.373% | $1.1M | $107K | — | |
| Gate ICP_USDT | −0.0034% | 8h | 3.0400 | −0.081% | $2.0M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0366 | −0.193% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDlong | L +0.0006% / S −0.0010% | 1h | 3.0425 | long leg | $27K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.496% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0448 | +0.077% | $161K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0437 | +0.040% | $196K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0403 | −0.070% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
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 | 3.0412 | −0.042% | $30.0M | $50.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0400 | −0.081% | $17.7M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0410 | −0.048% | $6.2M | $16.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0410 | −0.048% | $19.5M | $9.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0400 | −0.081% | $5.2M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0410 | −0.048% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0400 | −0.081% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0343 | −0.267% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0340 | −0.277% | $581K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0390 | −0.113% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0390 | −0.113% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0395 | −0.096% | $25K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0143% | 1h | 3.0465 | +0.133% | $4.8M | $5.0M | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0430 | +0.017% | $494K | $530K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0400 | −0.081% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0430 | +0.018% | $64K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0427 | +0.007% | $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
Hyperliquid ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]