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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.043%
Price spread now: gTrade (Gains Network) against Variational Omni+0.410%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds 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 0.410% dearer against Variational Omni than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP3.0111−0.0108get 0.0108% / 8h2m 17s$1.1M$108K
ShortgTrade (Gains Network) ICP/USD3.0234L +0.0006% / S −0.0010%get 0.0001% / 1h2m 17s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Variational Omni. 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
$24.68
Price spread: +0.410% → 0.000%
$41.04
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$55.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago4.37 bpdoesn't fit39.9 bp −$399doesn't fitdoesn'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−0.1250%8h3.0300+0.628%$1.8M$761K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0213%1h3.0245+0.445%$270$46450xas long as short
Variational Omni ICPlong−0.0108%8h3.0111long leg$1.1M$108K
Gate ICP_USDT−0.0004%8h3.0220+0.362%$1.9M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0264+0.508%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h3.0234+0.410%$27K150x
Injective ICP/USDC PERP+0.0033%1h2.9665−1.481%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0273+0.538%$157K$455K5xas long as short
Aster ICPUSDT+0.0100%8h3.0240+0.430%$182K$1.5M20xas long as short
Pacifica ICP+0.0100%1h3.0222+0.368%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0250+0.462%$29.9M$51.8M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0240+0.429%$17.9M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0240+0.429%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0250+0.462%$19.1M$9.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0230+0.395%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0260+0.495%$7.1M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0210+0.329%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0123+0.040%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0211+0.334%$582K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0210+0.329%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0200+0.296%$108K$228K20xas long as short
Extended ICP-USD+0.0104%1h3.0214+0.343%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0298+0.621%$553K$594K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0110−0.003%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+1.425%$64K$89K50xas long as short
Hyperliquid ICP+0.0282%1h3.0256+0.482%$4.7M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h3.0229+0.392%$38K100xas long as short