ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.004%

Price spread now: gTrade (Gains Network) against Injective+1.988%7-day average — · you sell dearer than you buy

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

Long on Injective Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 1.988% dearer against Injective than usual: you sell high and buy low (spread +1.988% now, against zero (this spread has no 7-day history yet)): +$199 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ICP/USDC PERP	2.9665	0.0033	pay 0.0004% / 1h	0m 35s	$202	$200K	12x
Short	gTrade (Gains Network) ICP/USD	3.0255	L +0.0006% / S −0.0010%	get 0.0001% / 1h	0m 35s	$27K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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 InjectivebpFee gTrade (Gains Network)bpOrdersPrice spread, now +1.988%Rate

Funding earned: −$4.91
Price spread: +1.988% → 0.000%: $198.82
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $183.89
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Injective and 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	−0.1242%	8h	3.0320	+2.208%	$1.8M	$761K	50x	as long as short
Deribit ICP_USDC-PERPETUAL	−0.0179%	1h	3.0266	+2.026%	$270	$464	50x	as long as short
Variational Omni ICP	−0.0101%	8h	3.0221	+1.874%	$1.1M	$108K	—	as long as short
dYdX ICP-USD	0.0000%	1h	3.0270	+2.041%	$70K	$4K	5x	as long as short
Gate ICP_USDT	0.0000%	8h	3.0270	+2.039%	$1.9M	$2.9M	50x	as long as short
gTrade (Gains Network) ICP/USDshort	L +0.0006% / S −0.0010%	1h	3.0255	+1.988%	$27K	—	150x
Injective ICP/USDC PERPlong	+0.0033%	1h	2.9665	long leg	$202	$200K	12x
Lighter ICP	+0.0096%	1h	3.0311	+2.178%	$157K	$455K	5x	as long as short
Aster ICPUSDT	+0.0100%	8h	3.0288	+2.099%	$182K	$1.5M	20x	as long as short
Pacifica ICP	+0.0100%	1h	3.0292	+2.113%	$137K	$11K	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	3.0326	+2.229%	$30.0M	$51.8M	75x	as long as short
Bybit ICPUSDT	+0.0100%	8h	3.0310	+2.174%	$18.0M	$18.5M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0100%	8h	3.0280	+2.073%	$6.1M	$16.9M	50x	as long as short
MEXC ICP_USDT	+0.0100%	8h	3.0280	+2.073%	$19.1M	$9.4M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	3.0260	+2.006%	$5.1M	$13.3M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	3.0290	+2.107%	$7.1M	$4.7M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	3.0270	+2.039%	—	$5.2M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	3.0237	+1.930%	$23K	$279K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	3.0211	+1.842%	$582K	$450K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	3.0230	+1.905%	$2K	$1.8M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	3.0210	+1.837%	$108K	$228K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	3.0274	+2.052%	$25K	$118K	10x	as long as short
Kraken Futures PF_ICPUSD	+0.0171%	1h	3.0309	+2.172%	$553K	$594K	50x	as long as short
BloFin ICP-USDT	+0.0220%	8h	3.0240	+1.938%	$1.3M	$2.3M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0240%	1h	3.0540	+2.950%	$64K	$89K	50x	as long as short
Hyperliquid ICP	+0.0283%	1h	3.0319	+2.205%	$4.7M	$5.0M	5x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0508% / S −0.0480%	1h	3.0260	+2.004%	$38K	—	100x	as long as short