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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h −0.006%
Price spread now: gTrade (Gains Network) against Gate+0.092%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 +$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.092% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ICP_USDT2.9720−0.0123get 0.0123% / 8h2h 35m$1.9M$2.7M50x
ShortgTrade (Gains Network) ICP/USD2.9747L +0.0006% / S −0.0010%get 0.0001% / 1h35m 39s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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
$27.92
Price spread: +0.092% → 0.000%
$9.19
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$12.1
Costs to cover
0.250%
Break-even
4.0 days
Slippage unknown: Gate: live order book, 2 min ago; gTrade (Gains Network): 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 Gate live order book, 2 min ago3.36 bp21.0 bp −$2142.3 bp −$42365.3 bp −$6,528doesn't fit
Sell gTrade (Gains Network) no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.1296%8h2.9650−0.236%$1.7M$782K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0288%1h2.9740+0.067%$265$46450xas long as short
Variational Omni ICP−0.0267%8h2.9715−0.016%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.185%$202$200K12xas long as short
Gate ICP_USDTlong−0.0123%8h2.9720long leg$1.9M$2.7M50x
Bybit ICPUSDT−0.0029%8h2.9750+0.101%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9754+0.115%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h2.9747+0.092%$27K150x
Aster ICPUSDT+0.0100%8h2.9758+0.127%$187K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9772+0.176%$135K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9760+0.135%$28.9M$48.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9740+0.067%$5.8M$15.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9750+0.101%$19.5M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9750+0.101%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9760+0.135%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9750+0.101%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9693−0.090%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9728+0.026%$570K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9730+0.034%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9740+0.067%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9729+0.029%$24K$123K10xas long as short
Lighter ICP+0.0128%1h2.9787+0.225%$166K$442K5xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9753+0.110%$495K$510K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9770+0.168%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9790+0.236%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9743+0.078%$31K100xas long as short
Hyperliquid ICP+0.0954%1h2.9808+0.296%$4.8M$4.9M5xas long as short