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−0.0098%/8h= −10.8% APRpaid last 24h −0.018%
Price spread now: gTrade (Gains Network) against Binance+0.051%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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.051% dearer against Binance than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICPUSDT2.95260.0100pay 0.0100% / 8h2h 02m$28.9M$48.9M75x
ShortgTrade (Gains Network) ICP/USD2.9541L +0.0006% / S −0.0002%get 0.0000% / 1h2m 23s$10K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Binance. 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
−$20.68
Price spread: +0.051% → 0.000%
$5.14
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$35.54
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago1.70 bp11.7 bp −$1224.0 bp −$240287.4 bp −$28.7Kdoesn'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
Deribit ICP_USDC-PERPETUAL−0.0088%1h2.9536+0.035%$192$43950xas long as short
Kraken Futures PF_ICPUSD−0.0068%1h2.9561+0.121%$525K$667K50xas long as short
Phemex ICPUSDT−0.0055%8h2.9430−0.324%$1.8M$674K50xas long as short
dYdX ICP-USD0.0000%1h2.9514−0.039%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0002%1h2.9541+0.051%$10K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+0.472%$202$200K12xas long as short
Variational Omni ICP+0.0064%8h2.9530+0.014%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9545+0.066%$140K$496K5xas long as short
Hyperliquid ICP+0.0100%1h2.9575+0.167%$4.6M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9539+0.044%$264K$1.2M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9544+0.063%$134K$10K5xas long as short
Binance ICPUSDTlong+0.0100%8h2.9526long leg$28.9M$48.9M75x
Bybit ICPUSDT+0.0100%8h2.9520−0.019%$17.2M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9510−0.053%$5.7M$15.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9520−0.019%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9530+0.015%$18.6M$10.0M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9530+0.015%$4.9M$12.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9540+0.049%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9530+0.015%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9520−0.021%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9516−0.034%$570K$506K10xas long as short
SunX ICP-USDT+0.0100%8h2.9500−0.087%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9490−0.121%$103K$118K20xas long as short
Extended ICP-USD+0.0104%1h2.9520−0.020%$23K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9550+0.083%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9550+0.083%$57K$70K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9545+0.065%$31K100xas long as short